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Mesta secures $2M to expand hybrid fiat-stablecoin payment rails
Mesta, the fintech company revolutionizing global payments, has raised $2 million in pre-seed funding, led by Garuda Ventures with participation from Canonical Crypto, Everywhere Ventures, and Inventum Ventures. The funding will accelerate Mesta’s expansion of its hybrid payment platform, which seamlessly integrates real-time fiat transactions with blockchain-powered stablecoin rails.
Bridging the gap between fiat and stablecoins
Mesta’s system tackles inefficiencies in cross-border payments by combining the speed and security of stablecoins with the familiarity and reliability of traditional fiat networks. Since launching, the platform has processed $12 million in Total Payment Volume (TPV), demonstrating strong market demand.
Founded in 2024 by Sandeep Pyapali—a fintech expert with experience at Uber, BILL, and PayPal—Mesta is setting a new standard for international payments by making them faster, more affordable, and seamless.
Solving the $44 trillion cross-border payments challenge
With cross-border payments growing into a $44 trillion market, businesses and individuals continue to face high fees and slow transaction speeds. Mesta’s platform is designed to eliminate these barriers, providing a more efficient and cost-effective alternative.
Scaling for global impact
With this funding, Mesta plans to scale operations, onboard more customers, and expand its global reach. KeyValue, known for its expertise in scalable, AI-driven, and blockchain-powered systems, is playing a key role in refining Mesta’s payment infrastructure, helping drive financial innovation at a global scale.
