Karsten Wenzlaff, Advisor
August 26th, 2025
Feb 11, 2026 | NCFA Fintech Market Activity | Stablecoins and Payments

On February 11 2026, Levl raised $7M in seed funding to expand its platform that connects traditional banking infrastructure with stablecoin-powered cross border payments.
The round was led by Galaxy Ventures with participation from Protagonist, Deus X, Blockchain Builders Fund, OpenFX, FalconX, CMCC, Variant Fund, and a strategic angel network that includes leaders from Revolut, Brex, and Comun.
Levl reports that it reached an annualized global transaction volume of $1B within its first four months of operation. The company says it supports payouts in 75+ countries and serves more than 1 million end users through its client and partner network, including TerraPay, TapTap Send, and Nala.
The company positions itself as a unified platform that allows businesses to collect, store, convert, and move currencies across borders using both fiat rails and stablecoins such as USDC and USDT. It claims same day settlement while replacing the 3 to 5 day delays typical in correspondent banking.
J P Morgan projects that cross border transaction volumes could reach about $320T by 2032. If volumes continue expanding at that scale, faster settlement and tighter FX execution become competitive requirements, not optional upgrades.
Jaisel Sandhu, Chief Executive Officer, Levl:
“Global businesses see the potential of stablecoins to make payments faster and cheaper, but they need solutions that are compliant and easy to use—ones that fit into how they already operate,”
Levl says it removes the need for businesses to build blockchain infrastructure in house, integrating digital asset settlement into existing operational workflows. The question is not whether stablecoins can move money. It is whether platforms can embed them into enterprise processes without adding compliance risk or operational friction.
If stablecoin settlement becomes operationally invisible inside enterprise payments, does the advantage sit with the fastest rail, the strongest compliance wrapper, or the deepest distribution into banks and payment platforms?
Levl now needs to prove it can scale liquidity, corridor coverage, and regulatory coordination as volumes grow. Enterprise buyers will measure performance on reliability, auditability, and FX efficiency, not marketing language.
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, artificial intelligence, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
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