Led by Village Global with participation from Circle Ventures, Paxos, and WTI; Startup achieves $140 Million in total payment volume within first 11 months of launch
Mesta, the Global fiat + Stablecoin Payment Network, today announced it has raised a$5.5 million seed roundled byVillage Global, with participation fromCircle Ventures, Paxos, and WTI – Western Technology Investment. Existing backers includingGaruda Ventures, Canonical Crypto, Everywhere Ventures, and Inventum Venturesalso reaffirmed their support.
Mesta will deploy this capital toexpand its global payment features, strengthen its international teams, and accelerate growth worldwide.
Since its launch just11 months ago, Mesta has cemented itself as one of thefastest growing cross-border payment networks, combining the reliability of fiat rails with the efficiency of stablecoin rails. The company has processedmore than $140 million in total payment volume (TPV)to date, with transaction volumes scaling more in the last two months than the first nine combined. Today, Mesta executes an average of$3million in daily volumeand is on track to surpass$300 million in TPV by year-end.
Scaling the Payment Network That Solves Cross-Border Pain
Cross-border payments have historically forced businesses to choose between speed and cost – sacrificing one for the other. Mesta solves this problem by combining fiat rails for reliability and compliance with stablecoin rails for speed and cost-efficiency, creating a single, faster, cheaper and more efficient hybrid payment network.
Mesta enablesenterprise-grade cross-border paymentsacross multiple use cases such as bill payments, payroll, supply chain payments and same name On/Off ramps. Mesta's customers span the full spectrum of Web2 and Web3 – frompayment companies, SMB fintechs, crypto wallets, OTC desks, and more. With support forUSD, EUR, GBP, USDC, USDT, USDG and PYUSD, Mesta can convert these into global Stablecoins and 40+ global currencies viahybrid railsthat eliminate the inefficiencies of legacy systems such asSWIFT. Itslocal rails built nativelyin many currencies deliver unmatched cost, speed, and compliance advantages – without the need for pre-funded pools. Mesta's settlement times are very often just a few minutes and their customers save more than 50% on fees.
“Our mission at Mesta is to rewire the way money moves globally – faster, cheaper, and at enterprise-grade accuracy, without sacrificing compliance,” saidSandeep Pyapali, Founder & CEO of Mesta. “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.”
WhyNow: Timing with the Genius Act and Market Momentum
The recently passed Genius Act, coupled with rising liquidity and adoption of stablecoins, signals a regulatory and market environment that is finally ready for enterprise-grade blockchain-enabled payments.
Mesta anticipated this convergence early, building a network that combines the best of blockchain innovation with regulated fiat corridors – positioning it as the go-to infrastructure for the next wave of global money movement.
The Founder Factor: Experience That Wins
Sandeep brings unmatched expertise to Mesta, having previously spearheaded theUber Global Payment Network, facilitating billions in transactions across 70+ countries.His leadership experience at PayPal andBILL, gives him a unique perspective on what it takes to build a global, compliance-first, enterprise-grade network that addresses the real-world pain points of payments teams.
“When policy and innovation align, entire economies benefit,” Sandeep added. “We foresaw this moment, built the rails early, and now we are ready to help fintechs, wallets, and enterprises move money without friction.”
Investor Confidence in the Future of Payments
“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,” saidJacob Mullins, Venture Partner at Village Global. “We are proud to back Sandeep and the Mesta team as they continue to accelerate adoption among fintechs, wallets, and enterprises worldwide.”
With strategic partnerships acrossleading fintech organizations, liquidity providers, and banks, Mesta is building a resilient, compliance-first network designed to become theglobal standard for cross-border money movement.
About Mesta
Mesta is the Global Fiat + Stablecoin Payment Network designed to rewire cross-border payments with enhancedspeed, cost optimization, and efficiency in a compliance-first model. Launched in 2024, Mesta has already processed over $140million in transaction volume, serving fintechs, payment companies, trade aggregators and wallets across the world. Founded bySandeep Pyapali, Mesta is backed by leading global investors includingVillage Global, Circle Ventures, Paxos, WTI, Garuda Ventures, Canonical Crypto, Everywhere Ventures, and Inventum Ventures.
For more information, visitwww.mesta.xyz
For media enquiries write to media@mesta.xyz
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