Meld Raises $7 Million to Scale Global Stablecoin-Fiat Access Network

New updates have been reported about Meld.

Meld has secured a $7 million strategic funding round led by Lightspeed Faction, with participation from F-Prime, Yolo Investments, and Scytale Digital, strengthening its position as a core infrastructure provider connecting fiat currencies with digital assets and stablecoins. The capital will be used to accelerate go-to-market execution, expand the Meld Network globally, and build out customer success and operational support functions as demand grows from fintechs, developers, and merchants. Meld’s platform enables seamless conversion between more than 150 fiat currencies and any stablecoin or token, supporting payout and pay-in use cases such as global payouts, remittances, and cross-border trade settlement in over 180 countries via local payment methods and virtual account-based bank rails. Founder and CEO Pankaj Bengani said the company aims to make digital assets as accessible as traditional payment methods, positioning Meld as an enabling layer for the next generation of financial applications built on stablecoins.

Beyond fiat on/off-ramps, Meld provides onboarding to native blockchains like Ethereum and Solana, supporting trading and investment for crypto-native users and integrating with leading wallets and DeFi platforms, including Uniswap, Phantom, and Metamask, to deliver compliant, instant cross-border access to digital assets. Lightspeed Faction’s Will Leas highlighted that Meld is addressing the critical challenge of moving easily between fiat and crypto at a time when stablecoins are emerging as preferred rails for global payments. With this latest round, Meld has now raised $15 million in total and works with more than 50 partners worldwide, positioning the company as a key infrastructure bridge between traditional finance and the digital asset ecosystem. The new funding is expected to support scaling of sales efforts, broader network coverage, and deeper partner integrations, with implications for merchants, fintechs, and developers seeking simple, regulated access to stablecoin-based payment flows and digital currency rails.