Company Overview
Palla is a cross-border payments infrastructure platform that enables instant P2P payments from the US to other countries through real-time APIs, white-label apps, and embeddable components for banks and financial institutions. The YC W21 company raised $14.5M Series A led by Revolution Ventures and has partnered with 30+ financial institutions representing 150M+ customers across LATAM and the Caribbean. Palla charges a 1-1.5% FX markup compared to 8% for traditional cash remittance, serving the $65 billion annual remittance market.
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Market Leader
Palla is recognized as a market leader in the Finance sector, demonstrating strong industry presence and customer trust.
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Manus
$75M April 2025 (Benchmark $500M); 2M+ waitlist; 29 tools; Browser Use integration; China's DeepSeek moment
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