A Major Step for Financial Access — Movement Invests in Sorted Wallet

On May 20, 2026, Movement Network announced that it has invested in Sorted Wallet’s $4.4 million seed round to further expand its ecosystem. The investment is aimed at increasing access to financial infrastructure in emerging markets.

What is Sorted Wallet?

Sorted Wallet is a non-custodial stablecoin wallet that can be used on smartphones and feature phones as small as $20.

Small size: Only 10MB and can be easily downloaded from any App Store.

Wide user base: Currently, it has over 500,000 downloads in over 160 countries, and is used by people in Nigeria, Kenya, Tanzania, Pakistan, and Bangladesh for cross-border transfers, bill payments, and store of value.

Simple Operation: No need for a bank account, credit card or complicated KYC process, no need for a local agent to top up with Voucher Codes.

Why did Movement invest in Sorted Wallet?

Movement recognizes Sorted’s “practical capabilities”. While other projects talk about fantasy, Sorted has demonstrated real results with real users. Sorted’s KYC system is built to work with low-end phones, allowing it to deliver financial services to those who really need them.

Future Vision

This investment is a strategic partnership for Movement.

Remittance & Investment: Movement will work with Sorted to deliver institutional-grade remittance and investment products to the above countries.

Full Chain Integration: The aim is to combine the strengths of both parties and implement a broader range of financial services.

According to Movement, this partnership is “building financial infrastructure for those who really need it in the market,” and it believes that the new role will be very important going forward.

Note — This article is for informational purposes only. Users should be aware that stablecoins and financial services involve risk.