Seva Money secures $5m in seed financing to scale its remittance infrastructure
Blockwall and Revent co-led the round, with participation from Seedcamp, Stride, and Ada Ventures.
≈ £3.7M at $1 = £0.7452 on 9 Nov 2026
Seva Money builds white-labelled digital wallets and payment cards for money transfer operators to offer remittance recipients.
London-based fintech Seva Money has secured $5m in a seed funding round co-led by Blockwall and Revent. The company provides remittance firms with white-labelled digital wallets and payment cards designed for the recipients of cross-border transfers. Existing backers Seedcamp, Stride, and Ada Ventures also participated in the round alongside a group of angel investors.
The fresh capital will be directed towards product development, scaling merchant partnerships, and expanding operations into new receiving markets across Africa and Asia. Seva Money integrates financial and health services into existing money transfer flows, enabling operators to retain customer engagement after funds are delivered.
From the founder
"MTOs have spent decades competing for the transaction, largely on price and FX. But the real opportunity is what happens after the money arrives. We are building the infrastructure that allows MTOs to stay connected to their customers beyond the payout — turning a one-time transfer into an ongoing relationship"
Ritu Soni
Founder and CEO at Seva Money
Investor perspective
"We’re thrilled to support Seva Money as it enters its next phase of growth. Blockwall has been a long-standing investor in the stablecoin ecosystem, and it’s exciting to see stablecoin technology now going live within the infrastructure of the market’s larger remittance players"
Damien Roch
Partner, Blockwall
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Categories
About the company
Seva Money
Seva Money provides white-labelled wallets and cards with integrated services for remittance recipients.