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Pre-seed funding round completed for Salt’s boat buying app

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Salt – a start up which says it simplifies the complex process of boat buying – says it has closed its over-subscribed, pre-seed funding round.

The company aims to deliver an app to facilitate boat buying and is looking at an expected product launch in the autumn of 2022. It’s hoping to create an entirely paperwork-free experience, with instant credit decisions on a 24/7 platform. Salt says it’ll use certified open banking technology to ensure interactions and transactions are in real-time between borrowers and boat dealers.

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