Bleap Raises $6M Seed to Expand Self-Custodial Payments in Europe and Latin America
Blossom Capital led the round. Bleap plans to add yield vaults and trading features while preparing for MiCA compliance.
BleapTL;DR:
- Blossom Capital led a $6M seed round for Bleap's self-custodial wallet and payments platform.
- Mexico is already live; Brazil, Colombia, and Peru are next.
- New features coming: yield vaults, on-chain trading, and cross-chain support with no trading fees in the app.
- The company is preparing for MiCA compliance to operate in EU markets.
- Immediate priorities: hiring and shipping features faster.
Bleap, a London-based fintech building self-custodial financial services on blockchain infrastructure, raised $6 million in seed funding led by Blossom Capital. The round, announced January 28, 2026, follows a $2.3 million pre-seed in late 2024. The money will fund expansion into Europe and Latin America and support new yield and trading features.
What Bleap Has Built So Far
Former Revolut executives Joao Alves and Guilherme Gomes founded Bleap in 2023. The platform now has over 20,000 users and processed more than $30 million in transactions during 2025. Users get a non-custodial financial account that combines spending, savings, and yield generation. The product includes a Mastercard debit card for spending directly from crypto wallets without conversion fees, global transfers, and 2% cashback paid in USDC.
| Funding Fact | Detail | | :--- | :--- | | Project | Bleap | | Sector/Category | Fintech/Crypto, Payments & Wallets | | Funding Round | Seed | | Amount Raised | $6,000,000 | | Valuation | Undisclosed | | Lead Investor | Blossom Capital | | Previous Round | $2.3M Pre-Seed (Nov 2024) | | Notable Participants | Not specified |
What's Next
The funding comes as MiCA regulations take effect in Europe. Bleap is preparing to operate as a licensed Virtual Asset Service Provider in the EU. The company plans to use the capital for:
- Latin American expansion (Mexico is live, Brazil/Colombia/Peru coming soon)
- Yield vaults and better on-chain trading
- Cross-chain support for multiple networks
- A native token launch in early 2027
Blossom Capital's investment suggests institutional interest in crypto infrastructure that can show actual usage numbers and a path to regulatory compliance. Bleap will use the funding to grow its engineering team and build fee-free trading into the app.
Bottom line: Another seed round for crypto infrastructure, this one backed by real transaction volume and a compliance strategy.