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London Fintech Seva Money Raises $5 Million in Seed Funding

Blockwall and Revent co-led the round. Seva's remittance service is live in India and Mexico.

A blank card and phone sit on a neighborhood shop counter. / TokenPost.ai
A blank card and phone sit on a neighborhood shop counter. / TokenPost.ai

London-based fintech Seva Money raised $5 million in a seed round co-led by Blockwall and Revent; its remittance service is currently live in India and Mexico.

Existing investors Seedcamp, Stride.VC and Ada Ventures also participated in the round.

Seva offers money transfer operators white-label wallets and bank cards for recipients. Its platform combines financial and health services and supports fiat and stablecoins, with a focus on services recipients can use after a transfer arrives.

The company plans to expand to the Philippines, Kenya, Nigeria, Tanzania and Ghana over the next 12 months.

Founder Ritu Soni previously held product roles at WorldRemit and Paysafe.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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