Musqet Limited Secures £455k Seed Funding to Advance Bitcoin and Card Payment Platform

Musqet Limited, a London-based financial technology company specialising in payment solutions, has successfully closed a seed funding round, raising £455,000. The capital infusion, with an allotment date of 7 April 2026 and filing date of 30 April 2026, marks a significant step for the company as it continues to develop its platform for streamlined card and Bitcoin transactions.

Founded in 2019, Musqet Limited addresses the growing need for businesses to efficiently manage diverse payment methods, including both traditional card payments and emerging digital currencies like Bitcoin. The company provides an EPOS platform that unifies these transaction types, allowing merchants in online, retail, and hospitality sectors to accept payments and settle in either cryptocurrency or local currency. This dual capability positions Musqet at the intersection of conventional finance and the rapidly evolving digital asset landscape.

Musqet Limited currently employs 20 individuals and operates from its headquarters in London. While specific revenue and profit/loss figures for the latest accounts were not disclosed, the company's LinkedIn profile indicates its focus on Bitcoin and Lightning services for businesses and individuals, with its website being musqet.tech.

This latest £455,000 seed round follows a series of previous funding activities for Musqet Limited. The company previously secured seed rounds of £200,000 on 27 June 2025 and £100,000 on 11 June 2025. Prior to these, Musqet raised £378,500 on 1 October 2024 at a valuation of £2.8 million, £135,000 on 15 April 2024 at a £2.4 million valuation, £30,000 on 28 February 2024 at a £2.2 million valuation, and £206,500 on 26 July 2023, also at a £2.2 million valuation. The current seed round represents a larger individual raise compared to its earlier seed rounds, indicating continued investor confidence in its growth trajectory. The valuation for this specific £455,000 seed round has not been publicly disclosed.

The funding landscape for FinTech companies in the UK, particularly those in payment technology and digital currencies, remains dynamic. London continues to be a prominent global hub for FinTech investment. In 2025, the UK FinTech sector attracted £3.6 billion (equivalent to $3.6 billion) across 534 deals, securing its position as the second-highest globally, behind only the United States. While overall UK FinTech investment saw a decline in 2025 compared to 2023, the latter half of 2025 showed an 11% increase in funding compared to the first half, suggesting a potential upturn in momentum heading into 2026.

The payments sector, in particular, has been a major recipient of capital globally and within the UK. In London, payments companies raised £1.08 billion (equivalent to $1.08 billion) in equity funding across 23 rounds in 2025, a significant 127.19% rise compared to 2024. The UK government has also expressed strong support for the FinTech sector, announcing measures to boost competitiveness and modernise payment services regulation, including a focus on digital assets and blockchain technologies. This supportive environment, coupled with London's established financial expertise and tech talent, makes it an attractive destination for companies like Musqet Limited operating in the digital payments space. The application of blockchain technology in the financial sector is projected to reach a global market size of £16.7 billion by 2026, with cryptocurrencies and trading platforms expected to dominate the market. This trend underscores the strategic importance of Musqet's focus on integrating Bitcoin transactions into its payment platform.