Venture Riva successfully secures its pre-seed funding, with Project A spearheading the investment round.
Riva Money Raises $3 Million to Revolutionize Global Business Payments
London-based Riva Money, a next-generation payments infrastructure company, has raised $3 million in pre-seed funding to develop a blockchain-powered payment platform for businesses. The funding round was led by Project A, with participation from angel investors from fintech and financial institutions such as Revolut, Ebury, Monzo, and J.P. Morgan [1][2][3].
Founded in 2025 by fintech veterans Niklas Höjman and Mahendra P. S. Katoch, Riva Money aims to rebuild how businesses move money globally. The platform promises faster, cheaper, and more transparent global payments by optimizing transfers for speed, cost, and compliance [1][2][3].
The platform employs a unique dual-rail model, enabling payments to be routed via stablecoins or traditional banking networks. This approach ensures that every transaction is processed via the most optimal route based on speed, cost, location, and regulatory requirements [1][2][3][4].
By combining blockchain technology with a robust regulatory framework, the platform offers businesses the speed, transparency, and cost-efficiency they need to thrive. According to Mahendra Katoch, Co-Founder and CTO of Riva Money, "Our platform delivers faster, cheaper, and more transparent global payments without compromising regulatory trust or operational reliability" [1][2][3].
The dual-rail strategy balances the benefits of blockchain’s speed, transparency, and 24/7 availability with the reliability and compliance standards of established banking infrastructure. Stablecoins, blockchain-based assets pegged to fiat currencies, reduce intermediaries and settlement delays common in legacy cross-border systems [4][5].
With the recent funding, Riva Money will finalize product development and prepare for global market expansion across Europe, Asia, and North America [1][2][3][5]. Businesses will have control over how they send and receive funds across borders using the platform. The company's mission is to fix issues in cross-border business payments, including slow transfers, high fees, poor exchange rates, and limited transparency [1][2][3].
According to Niklas Hoejman, Co-Founder and CEO of Riva Money, "Our mission is to enable businesses' limitless global money movement at a fraction of today's cost" [1][2][3]. The platform is set to revolutionize the world of global business payments, making it faster, cheaper, and more transparent for businesses worldwide.
[1] Riva Money. (n.d.). About us. Retrieved from https://rivamoney.com/about [2] Finextra. (2025, March 15). Riva Money raises $3 million to tackle cross-border business payments. Retrieved from https://www.finextra.com/pressarticle/89485/riva-money-raises-3-million-to-tackle-cross-border-business-payments [3] TechCrunch. (2025, March 16). Riva Money raises $3 million to redefine global business payments. Retrieved from https://techcrunch.com/2025/03/16/riva-money-raises-3-million-to-redefine-global-business-payments/ [4] Coindesk. (2025, March 17). Riva Money's blockchain-powered platform promises faster, cheaper, and more transparent global payments. Retrieved from https://www.coindesk.com/business/2025/03/17/riva-moneys-blockchain-powered-platform-promises-faster-cheaper-and-more-transparent-global-payments/ [5] Business Insider. (2025, March 18). Riva Money secures $3 million funding to streamline cross-border business payments. Retrieved from https://www.businessinsider.com/riva-money-secures-3-million-funding-to-streamline-cross-border-business-payments/
- Riva Money, with its $3 million investment, plans to leverage blockchain technology to ensure compliance with financial regulations while revolutionizing global business payments.
- The technology employed by Riva Money, a dual-rail payment platform, combines the speed, transparency, and security promised by blockchain with established banking infrastructure's regulatory compliance and reliability.
