Due, a London-based borderless payment startup founded by Revolut alumni, has extended its Seed round to £5.5 million, more than doubling its original £2.5 million raise. The additional capital supports the launch of Due’s new API platform, enabling businesses to seamlessly access stablecoin payments as blockchain technology reshapes global finance.
Led by Speedinvest, the raise will further Due’s mission to allow anyone, anywhere to access borderless payment rails. Due empowers businesses with a seamless borderless account: a simple, multi-currency account to send and receive funds directly between local and foreign fiat currencies, as well as stablecoins.
Secondly, Due offers a powerful embeddable API designed for FinTech companies. Whether founders are building a payments platform, payroll system, crypto wallet, or neobank, they can access, send, receive, and settle global fiat and stablecoin transactions with a single integration. The API embeds cross-border financial infrastructure directly into a customer’s platform, allowing them to scale faster, unlock new markets, and deliver a seamless global experience to users.
In both cases, Due offers real-time FX and settlement in 80+ markets with a single integration. This is achieved by stitching together local payment rails, liquidity markets, and blockchain networks into one unified infrastructure. The result is instant, low-cost settlement across both digital assets and fiat currencies, unified behind a single API.
All transactions are routed through stablecoin and on-chain rails where possible, enabling mid-market FX rates and offering savings up to 90% on routine transactions compared to traditional banking infrastructure. By removing the need for multiple banking relationships, currency accounts, or regulatory setups, Due turns global treasury into a simple endpoint.
Stablecoins, digital currencies pegged to stable assets like the US dollar or Euro, are fundamentally changing the payments landscape. They allow money to move across borders as fast and as seamlessly as information travels across the internet. With this revolution, a new generation of payments platforms like Due offer 24/7, global transfers that are cheaper, more transparent, and more inclusive – a stark contrast to the cumbersome legacy systems.
Due’s fundraise also included participation from Semantic, Fabric Ventures, Strobe Ventures, Polymorphic Capital, and other investors, bringing total Seed funding to £5.5m.
The fresh capital will be used to extend and scale Due’s Global Stablecoin APIs, enabling faster, broader access to real-time settlement infrastructure. Due aims to increase its coverage to over 100 countries in terms of payments rails and currencies by the end of the year. Finally, Due will build more payment solutions, including invoices, cards and yield accounts, and hire engineering and compliance talent to support its exponential growth accordingly.
