Limited raises $19M seed to bank multinational firms across crypto and fiat
What's the deal? Crypto enterprise banking platform Limited has raised $18.5 million in a seed round, co-led by Third Prime and North Island VenturesDealroom has a profile for this one. Try Dealroom →. The House FundDealroom has a profile for this one. Try Dealroom →, Collab+CurrencyDealroom has a profile for this one. Try Dealroom →, ParaFi CapitalDealroom has a profile for this one. Try Dealroom →, Pharsalus CapitalDealroom has a profile for this one. Try Dealroom →, Digital Currency Group, 1982 VenturesDealroom has a profile for this one. Try Dealroom →, and Onigiri CapitalDealroom has a profile for this one. Try Dealroom → also joined.
What's the endgame? Limited runs a global financial platform for multinational corporations. It bundles local corporate accounts, Visa cards, payments, treasury and expense management, and crypto infrastructure into a single stack.
Why now? The round is unusually large for its category. It sits in the 99th percentile of all US fintech seed rounds on record — a sample of 8,694 deals — signalling strong investor conviction at the earliest stage.
The signal: Backing from crypto-native funds like ParaFi Capital and Digital Currency Group alongside generalist investors points to converging demand for tools that let companies move between fiat and digital assets. Limited is betting that multinationals want one platform to handle both.
Read more: bbx.com
Image credit: Limited
