Fin has secured a $17 million Series A funding round to accelerate the launch of its stablecoin-powered payments product designed for instant, high-value cross-border transactions. The round was led by Pantera Capital with participation from Sequoia Capital and Samsung Next, adding some of the most prominent names in fintech and digital assets to the company’s investor base.
The funding support hiring efforts and bring the company’s payments solution to market for enterprises, financial institutions, and crypto native organizations seeking more reliable and rapid settlement capabilities.
Founded by former Citadel employees Ian Krotinsky and Aashiq Dheeraj, Fin aims to modernize global payment infrastructure by combining the speed of stablecoins with the reliability expected from traditional financial systems. The company positions its technology as a more straightforward and more trustworthy alternative to existing payment rails that can be slow, opaque, and operationally complex when moving large sums across borders. Fin’s platform will allow users to send instant high-value transfers between Fin accounts, directly to bank accounts, or across crypto networks.
The company has already drawn significant industry interest, attracting talent from firms such as Google, Meta, Uber, Rippling, and Chime. With its debut approaching, Fin expects demand from organizations looking for faster settlement, greater transparency, and a reduction in transaction friction across jurisdictions. The company is also supported by a team known for building TipLink, reinforcing its focus on intuitive product experiences for everyday and enterprise users.
KEY QUOTES
“It’s difficult for incumbents to rip out their whole infrastructure and build a proper payments product in the new global stablecoin regime. That difficulty is our opportunity.”
Ian Krotinsky, Co Founder of Fin
“This team has repeatedly shown they can build crypto products that don’t feel like crypto—simple, intuitive, and ready for real world users. Fin brings that same product DNA to high value global payments, stepping into a massive global opportunity.”
Ryan Barney, Partner at Pantera Capital
