Riva Money secures £2.2m pre-seed funding from Project A and fintech angels to scale global operations
The pre-seed round was led by Project A with backing from angel investors across major fintech firms.
Riva Money is a global payments firm that blends traditional and blockchain-based routing to streamline business transactions. The company builds modern infrastructure to overcome the high costs and delays associated with legacy cross-border transfers.
Riva Money has secured £2.2m in a pre-seed funding round led by Project A, with participation from angels associated with Revolut, Monzo and J.P. Morgan. The capital will be deployed to scale operations globally across Europe, Asia and North America, alongside growing the engineering team.
Founded by alumni from Revolut and Wise, the firm combines blockchain technology and traditional fiat rails to optimise cross-border payment speeds and reduce costs for businesses. The raise follows growing institutional interest in stablecoins and improving regulatory frameworks across major markets.
Project A led the investment, supporting the company as it seeks regulatory authorisation as a payment institution in the UK and EU, alongside obtaining MICA and VASP licences in Switzerland and the EU.
Investor perspective
"With stablecoin adoption accelerating and regulatory frameworks maturing globally, the time is right for an infrastructure rethink. Riva’s dual-rail system for businesses elegantly solves for both speed and flexibility in a market that’s still reliant on legacy processes. Niklas and Mahendra’s deep expertise in payments and financial markets positions Riva perfectly to build the next generation of payment services."
Malin Posern
Partner, Project A
Use of funds
- 01Scale operations
- 02Expand into international markets
- 03Grow the team
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About the company
Riva Money
Riva Money builds modern infrastructure for international business payments.