Fundraising Fox

Palla Financial

Miami, US · Founded 2020 · Delaware corporation · 6 known investors

Palla is a Miami-based cross-border payments platform that lets financial institutions embed instant international transfers.

Also known as Palla · Palla Financial, Inc.

Founders & leadership

GL
Gregory Louis PiccoloExecutive
AS
Andrew Scott MasonExecutive
EP
Enrique PerezalonsoNamed on SEC filing

Board

DG
David GoldenBoard director
DW
Dave WrightBoard director
HM
Heidi MillerBoard director
SG
Stuart GrimshawBoard director

Investors · 6

Also in the syndicate · 4

ArdentEvolution VCMeta FundUncommon Capital

Reported raises · per SEC filings

Form D private placements

$14.5M disclosed across 1 round · 2025

$14.5MraisedMay 2025 · 47 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • David GoldenDirector
  • Dave WrightDirector
  • Heidi MillerDirector
  • Gregory Louis PiccoloExecutive Officer, Director
  • Enrique PerezalonsoExecutive Officer, Director
  • Andrew Scott MasonExecutive Officer, Director
  • Stuart GrimshawDirector
Offering amount
$14.5M
Amount sold
$14.5M
Minimum investment
$5K
First sale
Mar 2025
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Palla Financial, Inc. (operating as Palla) is an international payments platform that enables instant cross-border payments for financial institutions and fintech firms. Its technology allows partners to embed real-time international payment capabilities into their existing digital channels through a suite of APIs, white-label applications, and embeddable components, or to use Palla's hosted infrastructure.

The company positions its approach as an alternative to traditional money transfer providers that require end customers to use separate, standalone apps: instead, banks and fintechs can offer international transfers inside their own native applications, configured to each partner's cross-border use case and customer base. Following its Series A, Palla stated plans to broaden existing payment corridors, open new sending and receiving corridors, and introduce additional product lines and money-movement mechanisms.

Founding story

The company was formed to address the complexity of traditional cross-border transfers; it is led by CEO Enrique Perezalonso, described as a 20-year veteran of retail banking in Mexico and the United States.

Business model

Palla supplies cross-border payment infrastructure to financial institutions, fintechs, and distribution partners, which in turn deliver international transfers to their own end customers through embedded APIs, white-label apps, or Palla-hosted channels.

Traction

As of May 2025 the company reported partnerships with more than 30 financial institutions and distribution partners, representing a combined potential end-customer base of over 150 million individuals across Latin America and the Caribbean.

Latest developments

In May 2025 Palla announced a $14.5m Series A led by Revolution Ventures, adding Revolution Ventures managing partner David Golden and former JPMorgan International president Heidi Miller to its board, with proceeds earmarked for corridor expansion and new product lines.

Full profile — market position, technology, go-to-market, geography

Market position

Operates in the cross-border payments and remittance infrastructure segment, competing with traditional money transfer providers whose siloed consumer apps it positions itself against.

Rather than requiring consumers to adopt a separate remittance app, Palla embeds international payments into a partner's own application, with configurations tailored to each partner's corridor and end-customer needs.

Technology

A payments platform delivering real-time cross-border transfers via APIs, white-label mobile applications, and embeddable front-end components, plus hosted infrastructure for partners that prefer not to integrate directly.

Go-to-market

Distribution through partnerships with banks, financial institutions, and distribution networks that integrate Palla into their existing digital channels rather than direct-to-consumer apps; more than 30 such partners had been signed as of May 2025, with additional partners expected to launch later that year.

Global financial institutions, fintech firms, and distribution partners serving consumers who send international transfers, with an initial end-customer base concentrated in Latin America and the Caribbean.

Geography

Headquartered in Miami, United States, with payment corridors and partner distribution focused on Latin America and the Caribbean and stated plans for broader global expansion.

Compiled by commissioned research from 2 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Combined end-customer reach of partnersMay 2025150,000,000 individuals
Financial institution and distribution partnersMay 202530 partners

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 2

launches, deals, and filings
May 2025
Palla raises $14.5m Series A led by Revolution Ventures

Palla announced a $14.5 million Series A round led by Revolution Ventures with participation from Y Combinator, Ardent, Cowboy Ventures, Dash Fund, Uncommon Capital, Meta Fund, Evolution VC, First Check Ventures, Vitalize and DeepWork Capital, to expand payment corridors and add product lines.

$14.5M source ↗

May 2025
David Golden and Heidi Miller join Palla's board

As part of the Series A, Revolution Ventures managing partner David Golden and Heidi Miller, former president of JPMorgan International, joined Palla's board of directors.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Palla FinancialDelaware

In the news

Research sources · 2

primary sources listed

2 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Palla Financial do?
Palla is a Miami-based cross-border payments platform that lets financial institutions embed instant international transfers.
Who are Palla Financial's investors?
Palla Financial's investors include Ardent Venture, Cowboy Ventures.
How much funding has Palla Financial raised?
Palla Financial has disclosed $14.5M raised across 1 round.
Where is Palla Financial headquartered?
Palla Financial is headquartered in Miami, US.