Announced
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Synopsis
Revolution Ventures, an investment firm, led a $14.5m Series A round in Palla, an international payments platform that enables instant cross-border payments for global financial institutions and fintech firms, with participation from Y Combinator, Ardent, Cowboy Ventures, Dash Fund, Uncommon Capital, Meta Fund, Evolution VC, First Check Ventures, Vitalize, and DeepWork Capital. “Palla is setting a new standard for speed and accessibility in cross-border transactions. Their innovative approach to simplifying and securing international payments aligns perfectly with our investment philosophy. We are excited to support Enrique and his team as they expand Palla’s reach and help businesses and individuals connect financially across borders with ease," David Golden, Revolution Ventures Managing Partner.
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