Seva Money
Seva Money provides a remittance-powered subscription wallet and card platform for money transfer operators (MTOs), enabling them to generate recurring receive-side revenue by bundling insurance, healthcare, and savings services for remittance receivers. The platform integrates via a single API and includes services like a 24×7 medical assistance line in 13 languages and 60 free at-home specialist consultations annually for receivers in India.
- Financial Technology
- Insurance Technology
- Software Only
- Digital Health
- Healthcare Technology
- Blockchain & Cryptocurrency
Funding
Raised to date
$5MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 1 round
BF+2$5M · Seed
Announced Nov 2026 · from article date
Disclosed cumulative: $5M
Founders
Founder details are not available yet.
Product
Problem
Money transfer operators (MTOs) face intense price competition on the send side of remittances, which erodes their margins. At the same time, the receive side—where the money lands and is used—remains largely untapped, leaving significant value and revenue opportunities outside the current MTO ecosystem.
Solution
Seva Money shifts the remittance model by extending the ecosystem beyond the transfer itself into everything that happens after the money lands. The company offers subscription wallets and cards for remittance receivers, preloaded with insurance, healthcare, and savings services, powered by stablecoin and fiat. MTOs can integrate Seva's platform under their own brand through a single integration, unlocking receive-side revenue streams. The platform includes services such as an emergency medical assistance line, specialist appointments, and savings tools, all designed to increase the prosperity of international families.
Target Audience
Primary customers are money transfer operators (MTOs) seeking to differentiate their offerings and capture receive-side revenue, as well as their remittance senders and receivers, particularly those sending money to India.
Features
- Subscription-based wallets and cards for remittance receivers, preloaded with insurance, healthcare, and savings services
- Single API integration that operates under the MTO's brand, enabling white-label deployment
- Powered by both stablecoin and fiat infrastructure for flexible settlement
- 24×7 medical assistance line in 13 languages that connects receivers to ambulances in India, with sender updates throughout the process
- 60 free at-home specialist consultations annually for receivers, covering a wide range of medical needs
- Low balance alerts to drive engagement and recurring top-ups