Due raises $7.3M seed extension and launches stablecoin API

Due, a London-based borderless payment startup founded by Revolut alumni, has extended its seed round to $7.3 million, more than doubling its original $3.3 million raise. The additional capital supports the launch of Due’s new API platform, enabling businesses to seamlessly access stablecoin payments as blockchain technology reshapes global finance.

Due enables businesses to operate globally with ease through its seamless, borderless account, a simple, multi-currency solution for sending and receiving funds across local and foreign fiat currencies, as well as stablecoins.

In addition, Due offers a powerful, embeddable API tailored for fintech companies. Whether building a payments platform, payroll system, crypto wallet, or neobank, developers can access, send, receive, and settle both fiat and stablecoin transactions through a single integration. This API embeds cross-border financial infrastructure directly into the customer’s platform, helping them scale faster, reach new markets, and deliver a streamlined global experience.

Both the account and the API provide real-time FX and settlement across 80+ markets, powered by an integrated network of local payment rails, liquidity providers, and blockchain infrastructure. The result is instant, low-cost settlement of digital assets and fiat currencies, unified behind a single, developer-friendly platform.

Due channels transactions through stablecoins and on-chain networks whenever possible, enabling mid-market FX rates and reducing costs by up to 90 per cent compared to traditional banking systems. By eliminating the need for multiple bank accounts, currency setups, or complex regulatory arrangements, Due simplifies global treasury into a single, streamlined endpoint.

Robert Sargsian, Founder & CEO of Due, says: 

Moving money internationally still feels like sending a fax in the age of streaming. With Due, a single API line makes the world one currency zone, delivering real-time settlement at fair FX that’s five to ten times cheaper than legacy wires.

Stablecoins, digital currencies tied to stable assets like the US dollar or the Euro, are transforming the way payments work. They enable money to move across borders with the same speed and ease as information flows across the internet. This shift is powering a new wave of payments platforms like Due, which offer around-the-clock, global transfers that are faster, cheaper, and more transparent than traditional systems, marking a clear break from outdated, cumbersome financial infrastructure.

Led by Speedinvest, the funding round supports Due’s mission to make borderless payment infrastructure accessible to anyone, anywhere. The round also saw participation from Semantic, Fabric Ventures, Strobe Ventures, Polymorphic Capital, and other investors, bringing Due’s total seed funding to $7.3 million.

Olga Shikhantsova, Partner at Speedinvest, says:

Cross-border payments remain one of the most stubbornly broken pieces of global finance – and stablecoins are here to fix it. Due is solving this not with another app, but with infrastructure: a single, compliant API that simplifies transactions across both fiat and stablecoin rails. We backed the team early on and are excited to now lead this round as they scale the platform into a true global standard.

The new funding will help Due expand and scale its Global Stablecoin APIs, making real-time settlement infrastructure faster and more widely accessible. By the end of the year, the company plans to extend its coverage to over 100 countries in terms of payment rails and supported currencies. 

Additionally, Due will develop new payment solutions, including invoicing, cards, and yield accounts, and grow its engineering and compliance teams to support rapid growth.

Lead image: Due team | Photo: Uncredited