Limited (Limited Group)

Limited is building a global business account aimed at multinational companies that need to operate across jurisdictions without stitching together separate banks in each market. Founded in 2024 by Hussein Ahmed (previously founder of Oxygen Banking), Limited provides a comprehensive suite of financial tools including virtual bank accounts, premium card programs, and cross-border payment solutions. The platform gives companies real local accounts in the US, EU, UK, Mexico, Brazil and other markets under the company's own name, along with corporate Visa cards, bill pay, spend management, accounting automation, and treasury that moves between entities instantly. The underlying rails are self-custody stablecoins, primarily USD and EUR, which lets funds settle and move across borders without the delays and fees of correspondent banking. That approach positions Limited between traditional business banking providers like Mercury and Ramp and the emerging class of crypto-native treasury tools, with the pitch that customers hold their own keys while still getting cards, credit, and local payment rails in each market. The San Francisco company says its app is available in app stores across 176 countries. This launch marks an $18.5M Series Seed, co-led by Third Prime, North Island Ventures, The House Fund, and Collab+Currency, with participation from ParaFi Capital, Pharsalus Capital, DCG, 1982 Ventures, and Onigiri VC. It follows an earlier $3M pre-seed and a $7M seed round announced in mid-2025, both of which included several of the same investors, suggesting this raise is a substantial expansion of the seed as Limited scales its multi-country account infrastructure and cross-border treasury product.