Palla Raises $14.5M Series A to Expand Instant Cross-Border Payments

Palla Raises $14.5M Series A

Palla, a leading international payments platform enabling instant cross-border transfers for financial institutions and fintech firms, has announced a successful $14.5 million Series A funding round. The round was led by Revolution Ventures, with participation from notable investors including Y Combinator, Ardent, Cowboy Ventures, and others.

This latest investment will fuel Palla’s global expansion and product innovation, positioning it at the forefront of frictionless international payments.

1. Backed by Strategic Investors

  • David Golden, Managing Partner at Revolution Ventures, and Heidi Miller, former President of JPMorgan International, will join Palla’s board of directors.
  • Funding participants include a broad range of respected venture firms: Dash Fund, Uncommon Capital, Meta Fund, Evolution VC, First Check Ventures, Vitalize, and DeepWork Capital.

2. A New Standard in International Payments

  • Palla’s platform offers real-time cross-border payments via APIs, white-label apps, and embeddable components.
  • Unlike traditional providers, Palla enables banks and fintechs to embed these capabilities directly into their native apps or hosted environments, making international payments seamless and customizable.

3. Rapid Growth and Strategic Partnerships

  • Over 30 financial institutions and distribution partners have already integrated with Palla’s platform.
  • Collectively, these partners represent a customer base exceeding 150 million individuals across LATAM and the Caribbean, with global expansion on the horizon.

4. Investor and Executive Confidence

  • “Palla is setting a new standard for speed and accessibility in cross-border transactions,” said David Golden.
  • Enrique Perezalonso, CEO and 20-year banking veteran, emphasized, “This funding will accelerate our mission to simplify and secure international payments for everyone.”

5. Expansion and Product Innovation Plans

  • The funding will support the expansion of payment corridors for both sending and receiving transfers.
  • Palla also plans to launch new product lines and money-movement mechanisms, increasing flexibility and service coverage for its partners and end users.

With $14.5 million in fresh capital and a visionary team of backers and advisors, Palla is poised to redefine the cross-border payments space. By enabling real-time, embedded payments within existing financial ecosystems, Palla is eliminating the friction and fragmentation that have long hindered international transactions—bringing seamless, secure, and scalable solutions to markets around the world.

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