Saf.money has closed a pre-seed round to expand its cross-border platform, utilizing Bitcoin and stablecoins.
Founded by former IBEX executives Mario Aguiluz (CEO) and Esteban de la Pena (CSO), it simplifies international transfers, starting with US bank-to-bank transactions.
The oversubscribed round, including Fulgur Ventures, Plan B, Initial Capital, and 1A1z, will fund Latin American off-ramps, stablecoin rails, and US distribution partnerships.
Saf.money offers a white-label settlement platform that combines digital assets and traditional banking for fast, low-cost money transfers via Bitcoin, stablecoins, WhatsApp bots, Money Addresses, and virtual US bank accounts linked to local banks.
KEY QUOTES:
“We are delighted to close our first round of institutional capital. We chose these investors because of their deep ability to help us execute our vision of moving money across borders as easily as instant messages.”
Mario Aguiluz, co-founder and CEO of saf.money
“Built by a multidisciplinary team of experts in fintech and TradFi, saf.money is disrupting traditional banking models and leveraging Bitcoin and digital asset technologies to make banking accessible to all Latinos. Initial Capital is excited to take part in this next wave of Bitcoin-native finance.”
Mayra Tama, Partner at Initial Capital
“saf.money has a unique approach leveraging bitcoin as rails to connect disparate payment networks. They have a huge opportunity to radically simplify cross border money movement and we’re very excited to be supporting them.”
Dan O’Prey, Founding Partner at 1A1z
