Fintech startup Kenbi raises $5 million in Seed to legitimize credit card transactions

Kenbi, an Israeli fintech company that helps banks, card issues, and merchants approve transactions that may be denied in real-time, has announced that it has raised $5 million in Seed. The round was led by TLV Partners with participation from Entrée Capital, Izba, and R-Squared Ventures, and comes at the same time that the company has joined MasterCard and Enel’s FinSec Lab.