Mesta, a global payment network that merges traditional fiat systems with stablecoin technology, has announced the close of a $5.5 million seed funding round. The round was led by Village Global and included participation from Circle Ventures, Paxos, and Western Technology Investment. Several existing investors, including Garuda Ventures, Canonical Crypto, Everywhere Ventures, and Inventum Ventures, also reaffirmed their support, signaling strong confidence in Mesta’s vision and early traction.
Launched just 11 months ago, Mesta has quickly become one of the fastest-growing platforms in the cross-border payments space. It has already processed over $140 million in total payment volume, with transaction activity accelerating sharply in recent months. The company now handles an average of $3 million in daily transactions and is on track to exceed $300 million in total volume by year-end.
Mesta’s core innovation lies in its hybrid payment infrastructure. Traditionally, businesses have had to choose between the speed of digital assets and the regulatory reliability of fiat systems. Mesta eliminates that trade-off by combining both. Its platform utilizes fiat rails to ensure compliance and trust, while stablecoin rails deliver speed and cost efficiency. This dual approach allows Mesta to offer faster, cheaper, and more reliable cross-border transactions than legacy systems like SWIFT.
The company supports a wide range of currencies and stablecoins, including USD, EUR, GBP, USDC, USDT, USDG, and PYUSD. These can be converted into more than 40 global currencies using Mesta’s native local rails, which are built to optimize cost, speed, and regulatory alignment. Unlike traditional systems that rely on pre-funded pools, Mesta’s infrastructure enables near-instant settlement—often within minutes—and helps customers save more than 50 percent on fees.
Mesta’s solution is already being used across a variety of enterprise-grade use cases, including payroll, bill payments, supply chain transactions, and same-name On/Off ramps. Its customer base spans both Web2 and Web3 sectors, from payment processors and fintech startups to crypto wallets and OTC desks.
The timing of this funding round aligns with broader market and regulatory shifts. The recent passage of the Genius Act and growing adoption of stablecoins have created a favorable environment for blockchain-enabled payments. Mesta anticipated this moment and built its network to capitalize on it, positioning itself as a foundational infrastructure provider for the next generation of global money movement.
At the helm of Mesta is founder and CEO Sandeep Pyapali, whose experience includes leading the Uber Global Payment Network and holding senior roles at PayPal and BILL. His deep understanding of global transaction systems and compliance challenges has shaped Mesta’s enterprise-first approach. Under his leadership, the company has forged strategic partnerships with top fintechs, liquidity providers, and banks to ensure its network is both resilient and scalable.
How the funding will be used: Mesta plans to expand its global payment capabilities, grow its international teams, and accelerate its market reach. The company’s mission is clear: to rewire how money moves across borders by combining the best of blockchain innovation with the reliability of regulated fiat systems. In doing so, Mesta aims to establish itself as a global standard for cross-border payments.
KEY QUOTES:
“Our mission at Mesta is to rewire the way money moves globally – faster, cheaper, and at enterprise-grade accuracy, without sacrificing compliance. In under a year, we’ve proven the demand for hybrid fiat + stablecoin rails. This seed round allows us to double down on scaling our network and building the holy grail: the ability to move money seamlessly between any two fiat currencies worldwide.”
“When policy and innovation align, entire economies benefit. We foresaw this moment, built the rails early, and now we are ready to help fintechs, wallets, and enterprises move money without friction.”
Sandeep Pyapali, Founder & CEO of Mesta
“Cross-border payments remain one of the most broken areas in global finance. Mesta’s hybrid rails – stablecoin + fiat, offer a real, enterprise-ready solution that the market has been waiting for. We are proud to back Sandeep and the Mesta team as they continue to accelerate adoption among fintechs, wallets, and enterprises worldwide.”
Jacob Mullins, Venture Partner at Village Global
