Sevamoney
UK, GB · 1 known investors
Seva provides a digital integration platform for money transfer operators (MTOs) that enables remittance processing with payout card programs and receiver services. The platform offers API and SDK solutions with compliance, security, and developer support for global money transfer operations.
Also known as Seva · Seva Money
Investors · 1
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Company profile
researched Aug 2026Seva (Seva Money) operates a business-to-business platform that extends the remittance value chain to the receive-side. It supplies money transfer operators (MTOs) with subscription wallets and prepaid cards issued to remittance receivers, preloaded with health, insurance and savings benefits, and funded in stablecoin and fiat. Senders order and top up a family card through the MTO's existing app, website or agent location, while receivers spend on the card and access the attached benefit package.
The benefit catalogue is organised into modular tracks — emergency care, everyday savings and wellbeing — from which an MTO can select services. Health services described for India include a 24x7 medical assistance line in 13 languages with ambulance dispatch, at-home specialist consultations, hospital cash of ₹10,000 per day of hospitalisation for up to 15 days (up to ₹150,000, available with pre-existing conditions and to individuals up to age 90), discounts of up to 50% on diagnostics and radiology with home sample collection, up to 20% off pharmacy purchases, 8% cashback on medical spend, monthly two-hour care manager home visits, annual health check-ups covering 70+ blood markers plus dental and eye tests, and daily online yoga sessions. A low-balance alert feature lets senders monitor family card balances to prompt repeat top-ups.
Business model
B2B2C: Seva sells a plug-and-play platform to money transfer operators, which resell subscription wallets, cards and bundled benefits to their sending customers on behalf of receivers, converting one-off transfer fees into recurring subscription relationships.
Revenue is framed around recurring subscriptions sold through MTO partners, with the company citing $1M in new ARR per 24,000 subscriptions, plus a stated 3% yield earned on float up to the point of spend using its proprietary stack.
Traction
The site references MTOs using its product and cites 30% higher 12-month cohort retention for those partners, and notes it is backed by unnamed investors; no partner names, customer counts or funding figures are disclosed.
▸Full profile — market position, technology, go-to-market, geography
Market position
Presents itself as a supplier to MTOs addressing untapped receive-side value as send-side margins compress under price competition, and claims to deliver the first remittance-powered card of its kind in partnership with MTOs.
Positions itself on the receive-side of remittances rather than send-side pricing competition, describing a remittance-powered card that senders can top up instantly while receivers access an attached suite of health and financial services, with a bundled benefits network in India.
Technology
A plug-and-play API and SDK layer for MTO integration, card and wallet issuance supporting both stablecoin and fiat funding, automated low-balance alerting, and a proprietary stack that earns yield on float through to the point of spend.
Go-to-market
Direct partnership sales to MTOs, with integration via plug-and-play APIs and SDKs advertised as requiring roughly two weeks of effort and no code work on the partner side; the site drives prospects to demo bookings, contact forms and WhatsApp.
Money transfer operators seeking receive-side revenue and retention, and, through them, remittance senders in diaspora markets and their family members receiving funds, with health services delivered in India.
Geography
Serves MTO corridors on a cross-border basis, with the described service delivery, benefit network and partners (including Healthians, Tata 1mg and PharmEasy) concentrated in India.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
▸Research sources · 1
primary sources listed
- Sevamoneysevamoney.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Sevamoney do?
- Seva provides subscription wallets and cards for remittance receivers, bundled with health and savings benefits, via APIs for MTOs.
- Who are Sevamoney's investors?
- Sevamoney's investors include Ada Ventures.
- Where is Sevamoney headquartered?
- Sevamoney is headquartered in UK, GB.