Seva Money completed a $5 million seed round financing, led by Blockwall and Revent

Seva Money, a fintech company headquartered in London, has completed a $5 million seed round financing, co-led by Blockwall and Revent, with continued participation from existing investors such as Seedcamp, Stride.VC, and Ada Ventures.

Seva Money provides white-label wallets and bank cards for remittance operators to use for recipients, integrating financial and health services. The service is currently live in India and Mexico, with plans to expand to the Philippines, Kenya, Nigeria, Tanzania, and Ghana in the next 12 months. Seva Money was founded by Ritu Soni, who previously served as a product lead at companies like WorldRemit and Paysafe. The company targets the post-remittance phase, supporting fiat and stablecoins.