Fin. com raises $20M for stablecoin payment infrastructure

New York-based payments startup Fin. com has secured $20 million in seed funding to expand its stablecoin-based cross-border payment infrastructure. The funding round was led by Expa and Uber cofounder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, Figure founders, and investors linked to sovereign and royal family offices in Africa and the Gulf.

Founded by Nabeel Alamgir and Mustafa Dar, the company provides white-label infrastructure designed to bridge the gap between blockchain settlement and conventional financial systems. The platform aims to solve the ‘last mile delivery problem’ by allowing businesses to convert stablecoins into spendable local currency through bank accounts and digital wallets. Fin. com’s services support over 40 currencies and payouts across more than 30 countries, with a strategic focus on South Asia, Africa, and the Middle East.