Payy Network operates a vertically integrated stack combining a self-custodial wallet, an Ethereum L2 zero-knowledge rollup (Payy Network), and a Payy Visa card to enable private-by-default stablecoin payments. The company shields sender, receiver, amount and asset details onchain using a native EVM privacy layer and zero-knowledge proofs, and in 2025 launched a Visa non-custodial stablecoin card. Payy’s consumer payments app is used by more than 100,000 users across 120 countries and is processing approximately $130 million in annualized transaction volume. With the seed funding, Payy plans to expand its team and deepen integrations with financial institutions, fintech platforms and enterprises. Founders Sid Gandhi (CEO) and Calum Moore (CTO) are leading the company’s push to bring private stablecoin settlement to broader commercial partners while maintaining settlement speed, interoperability and regulatory auditability.

Total raised

$6M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2026