Fin.com Secures $20M 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 aims to connect local payment networks with stablecoins for settlement through a single API.

The investment was led by Expa and Uber cofounder Garrett Camp, with Coinbase Ventures, Tenet Fund, and other investors participating. Fin.com's product focuses on the 'last mile delivery problem' of moving funds from stablecoin rails into bank accounts and wallets.

The company supports over 40 currencies and payouts across more than 30 countries, including $USDC and $USDT as settlement assets. It claims most transfers can settle in under 60 minutes, compared to the two-to-five-business-day window for conventional cross-border banking.