Levl has raised $7.0 million in a recent funding round, securing investment capital to advance its mission of democratising finance globally. The company is building modern payment infrastructure designed to level the playing field for businesses by combining stablecoins and traditional payment rails. This unified platform aims to enable faster, lower cost, and more transparent global payments for its users.
This significant capital infusion will be instrumental in accelerating Levl's growth initiatives. The funds are planned to be deployed towards enhancing its platform capabilities, expanding its market presence, and scaling operations to meet the increasing demand for its innovative financial solutions. The investment underscores confidence in Levl's approach to modernising cross-border transactions and financial product development.
Levl's platform offers a comprehensive suite of services, including named accounts, FX and on/off ramps, POBO accounts, remittances, and both crypto and card payment processing. This flexibility allows businesses to select the most suitable rails for diverse use cases. The company serves a broad range of clients, including fintechs, payment service providers, marketplaces, payroll and remittance companies, merchants, brokers, and corporates operating internationally. Levl maintains regulatory compliance in Switzerland and Canada.
Spun out of Galaxy Digital, Levl is supported by a team with extensive experience from prominent financial institutions such as PayPal, Deutsche Bank, London Stock Exchange Group, AQR, Brevan Howard, and Galaxy Digital. With this new funding, Levl is well-positioned to further develop its infrastructure and expand its global footprint, continuing its trajectory towards becoming a key player in the future of global payments.
