Seva Money builds the receiving side of remittances. Money transfer operators fight for customers on fees and exchange rates, then lose touch with them the moment a transfer pays out. Seva gives those operators a way to stay in the relationship after the money lands.
The company supplies a white-labelled wallet and card that operators hand to recipients. It sits on existing transfer flows and handles both fiat and stablecoins. A sender in the UK can top up a card held by a parent in India, who also gets health benefits such as free at-home specialist consultations and discounts on medicines through partners including Tata 1mg and PharmEasy.
Seva is live in India and Mexico and plans to add the Philippines, Kenya, Nigeria, Tanzania and Ghana over the next year. It says operators using the product see retention rise by 29%. Seedcamp, Stride.VC and Ada Ventures backed its pre-seed, and in November 2026 it raised a $5M (about £3.7M) seed round co-led by Blockwall and Revent.