Fin Raises $17 Million in Series A Funding to Launch Stablecoin‑Powered Global Payments Platform

Fin, a next‑generation payments company focused on enabling instant, high‑value, global transactions through stablecoin infrastructure, has raised $17 million in a Series A financing round as it gears up to launch its payments product and scale its team and operations. The New York‑based fintech was founded by former Citadel engineers Ian Krotinsky and Aashiq Dheeraj, bringing together deep expertise in quantitative systems and payments infrastructure to tackle the challenges of cross‑border money movement and high‑value transfers.

The Series A round was led by Pantera Capital, a prominent blockchain‑focused investment firm that emphasizes backing companies building foundational crypto and digital‑asset infrastructure. Joining Pantera in the financing were Sequoia Capital, a leading global venture capital firm known for early backing of transformative technology companies, and Samsung Next, the innovation arm of Samsung focused on supporting early‑stage software and platform companies.

Fin’s Series A funding will be used to accelerate the launch of its stablecoin‑powered payments product, recruit talent across engineering, compliance and product development, and expand its global payments infrastructure. The platform is being built to provide a borderless, reliable payment rail that combines the settlement speed of stablecoins with traditional financial compliance and trust standards, targeting global enterprises, financial institutions and crypto‑native businesses that require fast and reliable cross‑border money movement.

The company’s founders bring deep domain experience to the venture. Krotinsky and Dheeraj previously built TipLink, a platform for programmable crypto links, and have leveraged that background to design Fin’s architecture, which emphasizes simplicity, reliability and enterprise readiness. Their vision is to reduce the friction and opacity that have historically plagued high‑value international payments, where traditional wire systems can be slow, expensive and difficult to reconcile — especially in a world where digital asset rails are emerging alongside established banking infrastructure.

Fin’s product roadmap includes piloting its payment solution with enterprise clients and global institutions that seek to harness stablecoin rails to move funds not only between crypto wallets but also directly into bank accounts and across traditional payment networks. By targeting high‑value use cases — such as import‑export businesses and corporate transaction flows that often involve six‑figure payments — Fin aims to position itself as a trusted alternative to conventional cross‑border transfers while maintaining compliance with regulatory requirements.

The startup’s approach reflects a broader trend in fintech where stablecoins and blockchain technology are increasingly integrated into mainstream financial services, especially for use cases requiring speed, transparency and low‑cost settlement. Fin argues that the combination of stablecoin rails with bank‑grade reliability can unlock new efficiencies for businesses that currently rely on slower correspondent banking channels. This positioning is intended to resonate with both legacy financial institutions exploring digital asset infrastructure and crypto‑native firms that prioritize speed and programmability in their payment flows.

Investor enthusiasm for Fin’s vision has been strong. Pantera Capital’s lead role underscores the strategic importance of crypto‑enabled payment rails in global finance, while Sequoia Capital’s backing signals conviction in the team’s ability to build a scalable, compliant product. Samsung Next’s participation brings additional strategic support, given its focus on emerging technologies that bridge traditional and digital finance.

Beyond the product launch, Fin plans to invest in building out compliance and risk management capabilities to meet the regulatory expectations of global financial markets. Team expansion plans include hiring experts in payments infrastructure, regulatory compliance and product design, as the company prepares to serve clients in multiple geographies.

With the $17 million Series A secured, Fin is poised to accelerate its path toward commercial rollout, aiming to offer fast, secure and cost‑effective payment solutions that bring stablecoin technology into broader financial operations. The company’s leadership believes that this funding milestone, combined with its technical foundation and strategic investor base, will help position Fin as a key player in the next wave of digital payment innovation.