Levl, a FinTech platform focused on unifying fiat and stablecoin global payments, has secured fresh capital as it looks to modernise cross-border money movement.
The company positions itself at the intersection of traditional banking infrastructure and blockchain-based settlement, aiming to simplify how businesses transact internationally.
The firm has raised $7m in a seed funding round led by Galaxy Ventures. Additional backing came from Protagonist, Deus X, Blockchain Builders Fund, OpenFX, FalconX, CMCC, Variant Fund, and a strategic angel network that includes leaders from Revolut, Brex and Comun, among others.
Levl operates a unified payments infrastructure designed to make stablecoin-powered transfers accessible and compliant for traditional businesses. It enables companies to collect, store, convert and move currencies across borders, supporting both fiat and major stablecoins including USDC and USDT. By abstracting the technical complexity of blockchain rails, the platform allows firms to integrate stablecoin capabilities without building in-house systems, compressing what could take years of development into a matter of days.
The newly raised capital will be used to broaden Levl’s product suite, which spans B2B cross-border transfers, card and stablecoin payment processing, and lending solutions. The company says it will also invest in scaling its international footprint, which currently covers London, New York, Canada and Switzerland.
Levl enters a cross-border payments market projected to reach $320bn in transaction volumes by 2032. Despite rapid growth, the sector remains constrained by legacy correspondent banking infrastructure, which often results in multi-day settlement cycles, fragmented money flows and elevated foreign exchange costs. The company claims to offer same-day settlement while beating the interbank rate, replacing the typical three-to-five day delays associated with traditional systems with near real-time processing.
Within four months of operation, Levl says it has surpassed an annualised transaction volume of $1bn. The platform supports payouts in more than 75 countries, with connectivity across emerging markets in Asia, Latin America and Africa. Through its client and partner network, which includes TerraPay, TapTap Send and Nala, Levl reports serving over one million end-users across mobile wallets, neobanks, merchants, remittance providers, brokers and FX platforms.
Levl CEO Jaisel Sandhu said, “Global businesses see the potential of stablecoins to make payments faster and cheaper, but they need solutions that are compliant and easy to use—ones that fit into how they already operate. Our mission is to democratize access to modern financial infrastructure by bridging traditional payment systems with these new digital rails. We handle all the technical complexity of blockchain infrastructure behind the scenes, so businesses can process payments and move money instantly across major markets, limiting risk and increasing efficiency.”
Galaxy Ventures general partner Will Nuelle said, “Jaisel and the team at Levl are some of the strongest early-stage entrepreneurs we’ve worked with. They are nailing the value proposition for global businesses to move stablecoins across borders, serving real financial institutions’ payment workflows. The team has deep roots in both traditional finance and crypto – that fluency is hard to find.”
Spun out of Galaxy Digital in 2023, Levl was founded by Sandhu, a former FX trader at AQR. The wider team brings experience from institutions including PayPal, Deutsche Bank, London Stock Exchange Group, RBC, BlackRock, AQR, Brevan Howard and Galaxy Digital.
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