Riva Money, which enables fast, transparent, and low-cost global business payments, has secured $3 million in a pre-seed round led by Project A, as it prepares for global expansion.
- Launched in 2025 by Niklas Höjman and Mahendra P. S. Katoch, Riva Money develops a cross-border business payments platform that combines blockchain and stablecoin technology with traditional financial infrastructure.
- The system is designed to process international B2B transactions instantly, with real-time tracking, multi-currency account management, and built-in foreign exchange risk hedging.
- Riva’s “dual-rail” model routes payments over blockchain networks where possible, while falling back on established banking channels when necessary, aiming to balance speed and cost efficiency with regulatory compliance and reliability.
"Our dual-rail system combines the best of both worlds — blockchain and stablecoins where they add real value, and traditional, proven infrastructure where it delivers greater efficiency and reliability," co‑founder and CEO, Niklas Höjman, commented.
Details of the deal
- Project A, a Berlin-based VC firm that recently raised a €325 million fund to support European startups at the pre-seed and seed stages, led the pre-seed round.
- The investemnt also saw support from seasoned angel investors, including from Revolut, Ebury, Monzo Bank, and J.P. Morgan.
- Riva plans to use the funding to finalize product development, expand the team, ensure regulatory compliance, and prepare for a global launch of its cross-border payment platform.
