Fin.com Secures $20M in Seed Funding to Expand Stablecoin Payment Infrastructure
Fin.com, a New York-based payments startup, has secured $20 million in seed funding to expand its stablecoin payment infrastructure. The company's platform enables businesses to collect, convert, and distribute money using a combination of stablecoins and local banking rails.
The funding was led by Expa and Uber co-founder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, and other investors linked to sovereign and royal family offices in the Gulf and Africa. Fin.com's valuation remains undisclosed.
Founded by Nabeel Alamgir and Mustafa Dar, the company aims to bridge the stablecoin-to-fiat gap by providing a seamless way for businesses to move funds from stablecoin rails into bank accounts and wallets. Its platform supports over 40 currencies and payouts across more than 30 countries, with USDC and USDT available as settlement assets.