Levl Raises $7 Million to Bridge Traditional Banking and Stablecoin Payments

Levl, a fintech startup focused on modernising global payments infrastructure, has raised $7 million in seed funding to expand its platform that unifies traditional banking rails with stablecoin payments — a move aimed at accelerating cross-border payments, settlement and currency conversion for businesses worldwide. The funding round was led by Galaxy Ventures with participation from Protagonist, Deus X, Blockchain Builders Fund, OpenFX, FalconX, CMCC, Variant Fund and an angel network that includes leaders from Revolut, Brex, Comun and others.

Launched as a spin-out of Galaxy Digital in 2023, Levl’s platform enables businesses to collect, store, convert and move money across borders using both fiat currencies and stablecoins such as USDC and USDT, while offering same-day or near-real-time settlement and beating traditional correspondent banking timelines. Within just four months of operation, Levl’s infrastructure has already processed over $1 billion in annualised transaction volume and supports payouts in more than 75 countries.

Founder and CEO Jaisel Sandhu says the mission is to “democratise access to modern financial infrastructure by bridging traditional payment systems with these new digital rails.” The fresh capital will help the company scale product offerings, deepen global market reach — especially in Latin America, Africa and Asia — and enhance capabilities like cross-border B2B transfers, card and stablecoin payment processing, and lending solutions.

Key Highlights

• $7 million seed round: Led by Galaxy Ventures and backed by a syndicate of fintech and crypto investors.
• Unified payments platform: Supports both fiat and stablecoins (USDC, USDT), enabling compliant and seamless global payments for businesses.
• Fast growth: Levl’s platform processed over $1 billion in annualised transaction volumes within four months.
• Global reach: The infrastructure supports payouts in 75+ countries and serves more than a million end users via partners.
• Use cases: Clients include mobile wallets, neobanks, remittance providers, brokers, merchants and FX platforms such as TerraPay, TapTap Send and Nala.
• Expansion plans: Capital will be deployed to build new features, expand into new markets and scale operations.

Why This Matters

Tackling Pain Points in Cross-Border Payments

Traditional correspondent banking for cross-border transactions often suffers from slow settlement times (3–5 days), opaque fees and fragmented corridors, creating inefficiencies for enterprises. Stablecoin-powered infrastructure — where digital assets pegged to fiat are used as settlement rails — offers a viable alternative, enabling near-instant, low-cost global transfers without demanding businesses build complex blockchain connectivity themselves.

Levl’s approach abstracts away blockchain complexity while ensuring regulatory compliance, enabling companies to access speed and cost advantages without compromising operational familiarity. This is particularly attractive for fintechs, neobanks, wallets and remittance providers looking to modernise their payment stacks without reinventing core infrastructure.

Strategic Position in the Market

The seed raise comes amid rapid growth in stablecoin usage for payments and cross-border value transfer. Industry data show stablecoin transaction volumes continuing to grow as firms explore alternatives to slow traditional rails — a trend Levl is explicitly targeting by providing enterprise-ready APIs and compliance tooling.

Supporting Global Business Workflows

Levl’s platform is designed to handle multiple currencies, including major fiat and stablecoin pairs, while offering tools for collection, storage, conversion and movement of funds. Supported capabilities include:

• Same-day settlement and near-real-time processing
• Cross-border B2B transfers tailored for enterprises
• Card payment and stablecoin processing
• Lending and treasury workflows built into payment rails

The result is an infrastructure layer that bridges traditional finance with emerging digital rails, reducing reliance on multiple intermediaries and eliminating common inefficiencies in legacy systems.

Voices from Levl and Investors

Jaisel Sandhu, CEO of Levl:

“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 democratise access to modern financial infrastructure by bridging traditional payment systems with these new digital rails.”

Will Nuelle, General Partner at Galaxy Ventures:

“Levl is nailing the value proposition for global businesses to move stablecoins across borders, serving real financial institutions’ payment workflows. The team’s deep roots in both traditional finance and crypto give them a unique edge.”

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