Egypt-born Hussein Ahmed raises $7M for stablecoin-powered banking platform Limited

The Seed round was led by North Island Ventures, with backing from Third Prime, Arche Capital, Collab+Currency, and SevenX Ventures.

Author

Jamie Lane
June 06, 2025

Egyptian-born founder Hussein Ahmed has raised $7M for his latest fintech startup, Limited, bringing total funding to $10M since launching in 2024.

Based in San Francisco, Ahmed, also the former founder of Oxygen, has built a self-custody, stablecoin-powered banking platform that operates across 176 countries.

The $7M seed round was led by North Island Ventures, with backing from Third Prime, Arche Capital, Collab+Currency, and SevenX Ventures.

Limited offers global bank accounts, premium cards, and cross-border payments, all anchored in stablecoins.

The company is targeting high-growth regions including LATAM, Southeast Asia, and the Middle East