Sēva Money has raised $5.0M in seed funding. The round drew backing from Blockwall, Revent, Seedcamp, Stride.VC and Ada Ventures.
Sēva Money Raises $5.0M Seed Round
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From the source
SevaThe remittance doesn’t end when the money arrives. Today, Seva Money raised $5M in seed funding, co-led by Blockwall and Revent, with Seedcamp Stride.VC and Ada Ventures backing us again. Every year, migrants send almost $1 trillion back home.
But for most money transfer operators, the relationship ends the moment funds land. For the families receiving that money, it’s often just the start of a different problem: currency fluctuations, fees, and little access to anything beyond the payout. That’s why we’re building Unified Remittance: receive-side infrastructure that lets MTOs offer recipients a wallet, a card, and embedded financial a
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