Limited, a next-generation fintech company offering stablecoin-based premium global banking with self-custody, has raised $7 million in a Seed round led by North Island Ventures. The raise brings the company’s total funding to $10 million since its founding in 2024.
The round saw participation from existing investors Third Prime and Arche Capital, alongside new backers Collab+Currency and SevenX Ventures, underscoring growing investor confidence in the firm’s ambition to rebuild global banking around crypto-native principles.
Limited’s platform is live in 176 countries and allows users—both individuals and businesses—to access U.S. and EU virtual bank accounts, premium Visa and Mastercard benefits, and cross-border payments across 80+ currencies.
Funds are held in self-custody stablecoin wallets, giving users direct control without sacrificing usability.
“With stablecoin volumes topping $30 trillion annually and global remittance fees still high, we’ve built a product that delivers both security and premium banking access,” said Hussein Ahmed, Limited’s founder and CEO. “This new capital will help us scale in high-growth markets like Latin America, Southeast Asia, and the Middle East.”
North Island Ventures’ Managing Partner Travis Scher said Limited has “solved the long-standing friction between security and usability” in crypto banking. “They’ve built an elegant product that makes stablecoins functional for everyday finance, not just trading,” he added.
The seed round follows strong early execution by Limited, which was founded by Ahmed, previously the founder of Oxygen Banking.
Wes Barton of Third Prime praised the startup’s “ability to solve complex regulatory and technical challenges while maintaining a premium user experience.”
Other backers see global opportunity in Limited’s architecture. Stephen McKeon of Collab+Currency noted the startup’s role in accelerating mass adoption of secure consumer crypto services, while SevenX Ventures’ Jon Liu emphasized the platform’s strategic fit for the APAC region.
Limited combines enterprise-grade crypto security with traditional financial UX, offering automatic stablecoin conversion, access to 300+ local payment methods, and bank-grade financial tools—all without intermediaries.
The company positions itself as a structural upgrade over legacy fintech models, rather than just a design-forward wrapper on traditional infrastructure.
The firm’s self-custody-first model comes at a time of rising consumer demand for financial autonomy and stable access across borders—especially in emerging markets where banking infrastructure remains fragmented.
Business News Asia