Mesta, the Global fiat + Stablecoin Payment Network, today announced it has raised a $5.5 million seed round led by Village Global, with participation from Circle Ventures, Paxos, and WTI – Western Technology Investment. Existing backers including Garuda Ventures, Canonical Crypto, Everywhere Ventures, and Inventum Ventures also reaffirmed their support.
Mesta will deploy this capital to expand its global payment features, strengthen its international teams, and accelerate growth worldwide.
Since its launch just 11 months ago, Mesta has cemented itself as one of the fastest growing cross-border payment networks, combining the reliability of fiat rails with the efficiency of stablecoin rails. The company has processed more 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 $3 million in daily volume and 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 enables enterprise-grade cross-border payments across 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 – from payment companies, SMB fintechs, crypto wallets, OTC desks, and more. With support for USD, EUR, GBP, USDC, USDT, USDG and PYUSD, Mesta can convert these into global Stablecoins and 40+ global currencies via hybrid rails that eliminate the inefficiencies of legacy systems such as SWIFT. Its local rails built natively in 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,” said Sandeep 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.”
Why Now: 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 the Uber Global Payment Network, facilitating billions in transactions across 70+ countries. His leadership experience at PayPal and BILL, 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,” said Jacob 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 across leading fintech organizations, liquidity providers, and banks, Mesta is building a resilient, compliance-first network designed to become the global standard for cross-border money movement.
