Meld, a provider of infrastructure for accessing digital assets and stablecoins, has raised a $7 million strategic funding round led by Lightspeed Faction, with participation from F-Prime, Yolo Investments, and Scytale Digital.
The company said the new capital will support go-to-market expansion, growth of the Meld Network, and continued investment in customer success and operational support as demand for stablecoin-enabled payments and onramps increases.
Meld positions its network as a unified integration layer that lets fintechs, developers, and merchants convert between more than 150 fiat currencies and a wide range of stablecoins or tokens directly within their applications. The platform is designed to support stablecoin-driven use cases, including global payouts, remittances, and cross-border trade settlement across more than 180 countries, leveraging local payment methods, virtual account connectivity, and bank rail connectivity.
Beyond fiat-to-stablecoin access, Meld also supports onboarding to native blockchains such as Ethereum and Solana for crypto-native users’ trading and investment workflows. The company said it partners with platforms such as Uniswap, Phantom, and MetaMask to enable instant cross-border access, with an emphasis on security and compliance.
Meld said it now works with more than 50 partners globally and has raised $15 million in total funding to date. The company plans to use the strategic round to expand its sales organization, broaden its global network, and scale its customer support as it targets developers and merchants building stablecoin-based financial products.
KEY QUOTES:
“Stablecoins are becoming the rails for global commerce, but accessing them remains unnecessarily complex for developers and end users alike. This strategic funding allows us to expand the Meld Network and make digital assets as accessible as traditional payment methods, while enabling product managers and developers to build the next generation of financial applications.”
Pankaj Bengani, Founder & CEO, Meld
