Riva said its first customer deployment cut transaction costs by 56%, reduced most settlements from about four days to one, and saved the finance team roughly 20 hours monthly.
Riva Money→Riva said its Swiss entity became a VASP and VQF member, allowing regulated virtual-asset services including fiat and stablecoin conversions for cross-border payments.
Riva Money→Sweden's Finansinspektionen lists Riva Money Europe AB as an active payment institution, with authorization for money-transfer services effective September 30, 2025.
Swedish Financial Supervisory Authority→The round included angel investors connected to Revolut, Ebury, Monzo and J.P. Morgan. Riva planned to expand globally, grow engineering and develop its cross-border payments platform.
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