Riva Secures $3 Million in Seed Funding on August 12, 2025

According to media reports, Riva secured $3 million in seed funding on August 12, 2025. Investors in this round include Project A Ventures, Revolut, J.P. Morgan, and Monzo. Following this round, Riva’s total funding has reached $3 million.Riva is a Web3 project focused on addressing payment challenges. The project leverages blockchain technology and centers its applications around stablecoins to power its international payment infrastructure. With the growing global demand for cross-border payments, blockchain-based payment solutions are receiving increasing attention. Against the backdrop of inefficiencies and high costs in traditional payment systems, Riva’s solution stands out as particularly significant.Notably, this funding round attracted support from traditional financial giant J.P. Morgan and leading fintech companies Revolut and Monzo, reflecting the growing recognition of blockchain payment solutions among established financial institutions. The proceeds will enable Riva to further enhance its payment infrastructure and drive innovation in the global payments industry.