Former Revolut executives raise million for expansion
Former Revolut leaders Joao Alves and Guilherme Gomes raised $6 million in seed funding to expand Bleap, an onchain finance app. The priced round led by Blossom Capital opened and closed last summer according to statements from Alves. This raise follows Bleap’s $2.3 million pre-seed round in late 2024 led by Consensys founder Joe Lubin’s Ethereal Ventures. Since the earlier round, Bleap grew to more than 20,000 users and processed over $30 million in transactions during 2025. The platform offers a self-custodial financial account allowing users to spend, save, and move value globally without handing custody to banks.
Users can spend globally with no foreign exchange markups, receive cashback paid in stablecoins, and transfer money instantly across borders. Bleap partnered with Mastercard in April 2025 to integrate stablecoin-based payments with traditional card networks seamlessly. The founders spent years building financial products at Revolut where they witnessed a disconnect between modern interfaces and legacy systems. They set out to rebuild financial infrastructure by using blockchain as the settlement layer rather than adding fintech layers.
Platform expands trading features and geographic reach
Bleap is rolling out cross-chain trading with swaps across networks including Solana and Arbitrum without trading fees or user-paid gas costs. Support for Base and BNB Chain is planned next as the platform expands its multi-chain capabilities progressively. The broader goal consolidates spending, saving, yield, and trading into a single self-custodial account for both crypto-native and new users. The company plans to deploy fresh capital toward yield vaults, onchain trading expansion, and growth across Latin America and Europe. Bleap is applying for authorisation under Europe’s Markets in Crypto-Assets framework as it scales services across the region.
The company has begun expanding beyond Europe into Latin America with Mexico currently live and launches underway in Brazil, Colombia, and Peru. Bleap previously planned to launch a native token in 2026, but the timeline has shifted toward a potential launch in early 2027. The founders said interfaces improved over time but money still moves on systems built decades ago creating persistent friction. Bleap aims to combine the familiarity of traditional banking with the capabilities of onchain finance for everyday users globally.
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