Cross-border fintech startup Palla has raised $14.5 million in a Series A funding round led by Revolution Ventures, with participation from Y Combinator, Ardent, Cowboy Ventures, and others. The funding will power Palla’s mission to simplify and embed real-time international payments into the digital platforms of banks and fintechs worldwide.
Unlike traditional remittance services that require customers to operate within isolated apps, Palla integrates directly into its partners’ native environments. Its flexible infrastructure—ranging from APIs and white-label apps to embeddable components—lets institutions build seamless cross-border payment experiences within their own user interfaces.
The company has already partnered with over 30 financial institutions and distribution networks, embedding its platform to support a range of global corridors. Palla’s model not only reduces friction but also empowers its partners to tailor services to the specific needs of their customers, all while eliminating the complexity and overhead of building cross-border functionality from scratch.
With the new funding, Palla plans to expand into additional payment corridors, broaden its send and receive capabilities, and launch new product lines and transaction methods. CEO Enrique Perezalonso says the investment will “accelerate our growth and further our mission to make international payments seamless and accessible to everyone.”