Merchants Eye — Payments & Ecommerce News

Saber Money Secures Strategic Funding from Tether to Revolutionize Emerging Market Payments

By Lauren Towner · 16 October 2026

Press Release: Saber Money Secures Strategic Funding from Tether to Revolutionize Emerging Market Payments | Featured Image by FF News

Saber Money has secured strategic funding from Tether and CMCC Global’s Titan Fund to scale its stablecoin-powered payment infrastructure across emerging markets. For fintech professionals, this move signals the accelerating shift toward blockchain-based settlement in high-volume corridors like Asia-Pacific and the Gulf, where traditional banking rails often struggle with speed and cost efficiency.

What was announced

Saber Money, which provides payment infrastructure for financial institutions and fintechs, announced the investment to fuel its expansion into the Asia-Pacific and Gulf regions. The company intends to use the capital to secure local licenses and establish banking relationships, aiming to improve settlement economics and deepen its payment capabilities in these markets. The group currently holds authorizations and licenses in Canada, the European Union, India, and Australia. It also operates Mudrex, a major cryptocurrency exchange in India.

Saber’s operational data shows significant momentum; its payment volumes have grown over 6x over the last nine months, with the company processing billions of dollars across more than 40 countries. Speed is a central component of the offering, with over 90% of transactions processed in less than one minute. The expansion strategy targets a massive market: Asia accounts for approximately 35% of global payment flows, while South Asia and East Asia & Pacific receive over $1 trillion annually. Additionally, the UAE alone recorded approximately AED 188 billion in remittances in 2025.

The company also plans to expand into B2B payments, addressing frictions in international supplier payments and treasury management. This move aligns with industry projections cited by the firm that cross-border B2B stablecoin payments could reach $5 trillion by 2035. The investment marks a phase of connecting emerging-market financial systems with global stablecoin liquidity.

"Emerging markets are where the next chapter of global payments is being written, and stablecoins are the infrastructure that makes it possible. Saber has built real regulatory depth and market access across Asia and the Middle East, and we’re proud to support a team that understands how to translate that into products businesses can actually use. This is exactly the kind of use case where stablecoin settlement changes the economics for everyone involved."

Paolo Ardoino, CEO of Tether.

The companies involved

Saber Money is a payment infrastructure provider that bridges emerging-market financial systems with global stablecoin liquidity. The group’s footprint includes the operation of Mudrex, one of the largest crypto exchanges in India. Edul Patel serves as the CEO of Saber Money. Tether is the issuer of the world’s largest stablecoin by market capitalization and has increasingly positioned itself as a strategic investor in financial infrastructure. The company is led by CEO Paolo Ardoino and focuses on use cases where stablecoin settlement can alter the economics of traditional finance.

CMCC Global, a venture capital firm focused on the blockchain sector, participated in the funding through its Titan Fund. Shiau Sin Yen is a Co-founder and Managing Partner of the Titan Fund. CMCC Global has a history of backing infrastructure-level projects that facilitate the convergence of traditional finance and digital assets. The firm’s Titan Fund is specifically geared toward category-defining companies in the digital asset space. Other notable entities in this ecosystem include Y Combinator, which has a broad portfolio of fintech investments, and Next Ventures.

What FF News has reported before

Tether has been aggressively expanding its footprint in the institutional and sovereign sectors. FF News recently reported on how Tether Invests in EFY Finance to Scale Institutional Stablecoin Infrastructure in Latin America, as well as its collaboration with state entities in Central Asia, detailed in Tether Partners with National Bank of Kazakhstan to Drive Stablecoin and Tokenization Innovation.

The broader trend of stablecoin-native banking is gaining traction, as seen when Jeeves Secures $110M to Scale Stablecoin-Native Banking for Global Enterprises. Furthermore, CMCC Global’s investment activity was highlighted when Raven Trading Hits $90M Valuation to Dominate Prediction Market Liquidity.

What this means

This investment highlights a critical pivot in the cross-border payment sector. While traditional SWIFT-based rails have long dominated, the entry of major stablecoin issuers like Tether into the infrastructure layer suggests that blockchain is no longer just a speculative asset class but a foundational utility for B2B liquidity. The focus on the Gulf and Asia-Pacific regions puts significant pressure on legacy remittance providers and correspondent banks, which often struggle with the "last mile" of settlement in emerging markets. The primary challenge remains regulatory; as Saber seeks local licenses, the industry will be watching to see if regulators in these high-volume corridors embrace stablecoins as a legitimate tool for sovereign and commercial trade.

Companies in this story: Saber Money, Y Combinator, Titan Fund, Tether, Next Ventures, CMCC Global

People in this story: Shiau Sin Yen, Edul Patel, Paolo Ardoino

More from News