Levl raises $7 million in funding to accelerate global stablecoin payment infrastructure deployment
February 11 News, Fintech startup Levl announced the completion of a $7 million seed round led by Galaxy Ventures, with participation from Protagonist, Deus X, and Blockchain Builders Fund. Levl is dedicated to providing stablecoin infrastructure for digital wallets and fintech companies, enabling fast and low-cost remittances and payments worldwide.
Levl founder and CEO Jaisel Sandhu stated that instead of having enterprises build complex payment and digital asset systems on their own, they can directly access stablecoin services through Levl’s platform to enjoy the benefits of instant transfers and lower fees. Compared to some regional stablecoin providers, Levl can cover multiple countries such as Mexico and the Philippines through a single API, with onboarding completed in just a few days.
The startup views large banks as its main competitors and aims to achieve more efficient cross-border payments through stablecoins. Sandhu’s background is rooted in traditional finance; he previously worked in stocks and forex trading at AQR, one of the world’s largest hedge funds, where he observed discrepancies between consumer and professional terminal exchange rates, which also led to the founding of Levl.
Since its platform launched in August 2025, Levl has processed over $1 billion in annual transactions. The company profits from transaction fees and plans to use this funding round to expand its team from 18 to approximately 36 employees and gradually expand into Latin America and Africa. Sandhu emphasized that Levl aims not only to simplify stablecoin integration but also to create a fairer, more transparent global payment environment for consumers and businesses.
As demand for stablecoins in fintech and cross-border remittances continues to grow, Levl is accelerating infrastructure development to promote stablecoin payments worldwide, focusing on user experience, security, and compliance to gain an edge in the rapidly evolving digital payments space.