Key Takeaways
- • Saber Money secured strategic funding from stablecoin issuer Tether and Titan Fund, the investment vehicle of CMCC Global, to expand its cross-border payment services across Asia-Pacific and the Gulf region.
- • The capital will fund new regulatory licenses, banking partnerships, and payment products for businesses in emerging markets.
- • Saber reports more than sixfold growth in payment volumes over nine months, having processed over $3 billion in cross-border volume across 40+ countries.
- • Around 90% of Saber's payments settle in under a minute, according to the company, with a stated goal of lowering settlement costs and widening local banking access.
Summary
Saber Money has received strategic investment from stablecoin issuer Tether and Titan Fund, a vehicle associated with CMCC Global, to grow its cross-border payment business in Asia-Pacific and the Gulf. The funding is intended to support the acquisition of new regulatory licenses, the establishment of banking partnerships, and the development of payment products aimed at businesses operating in emerging markets. The company's own materials describe the round as covering expansion across Asia-Pacific and the Gulf, including new local licenses and B2B payment products.
According to the company, payment volumes have grown more than sixfold over the past nine months, and Saber has processed over $3 billion in cross-border volume across more than 40 countries. Saber states that 90% of payments complete in under a minute. The company says its strategy centers on improving settlement costs and expanding local banking access so that international transfers become faster and cheaper for businesses. Saber describes itself as a stablecoin-native payment infrastructure provider that connects the stablecoin ecosystem to traditional settlement rails.
The investment fits a broader pattern of stablecoin-linked payments funding. Tether has also backed other payment and finance ventures in recent periods, including EFY Finance's seed round targeting institutional USDT use in Latin America. The Saber funding was reported alongside routine market data from the Pluang platform, which is not material to the transaction itself. Specific valuation, round size, and investor ownership terms were not disclosed in the source material.
According to the company, payment volumes have grown more than sixfold over the past nine months, and Saber has processed over $3 billion in cross-border volume across more than 40 countries. Saber states that 90% of payments complete in under a minute. The company says its strategy centers on improving settlement costs and expanding local banking access so that international transfers become faster and cheaper for businesses. Saber describes itself as a stablecoin-native payment infrastructure provider that connects the stablecoin ecosystem to traditional settlement rails.
The investment fits a broader pattern of stablecoin-linked payments funding. Tether has also backed other payment and finance ventures in recent periods, including EFY Finance's seed round targeting institutional USDT use in Latin America. The Saber funding was reported alongside routine market data from the Pluang platform, which is not material to the transaction itself. Specific valuation, round size, and investor ownership terms were not disclosed in the source material.
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