Stablecoin payments infrastructure company Fin.com has raised $20 million in seed funding and has now come out of stealth. The round closed in August and was led by Expa and Uber co-founder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, the founder of Figure, Mesh founder Bam Azizi, Second Sight Ventures, and sovereign wealth and royal family offices in the Gulf and Africa. Headquartered in New York, Fin.com was founded by Nabeel Alamgir and Mustafa Dar. The company provides white-label payments infrastructure for financial services firms, consumer platforms, and prediction markets, allowing businesses to convert stablecoins into funds held in local bank accounts or digital wallets while also supporting cross-border money movement. Fin.com said its tools can help prediction market users top up wallets through exchanges such as Binance and Crypto.com, and can also support cross-border business settlements for platforms. The company has not disclosed customer names or its valuation, but said its clients collectively serve more than 800 million users. Fin.com is focused on South Asia, Africa, and the Middle East, and has offices in New York, Las Vegas, Dubai, Dhaka, Bangalore, and Lahore.
Stablecoin payments infrastructure company Fin.com has raised $20 million in a seed round and has officially emerged from stealth.
The round closed in August and was led by Expa and Uber co-founder Garrett Camp. Other participants included Coinbase Ventures, Tenet Fund, the founder of Figure, Mesh founder Bam Azizi, Second Sight Ventures, as well as sovereign wealth and royal family offices in the Gulf and Africa.
What the company does
Fin.com is headquartered in New York and was co-founded by Nabeel Alamgir and Mustafa Dar. The company offers white-label payments infrastructure for financial services companies, consumer platforms, and prediction markets. Its products help businesses convert stablecoins into funds held in local bank accounts or digital wallets, while also supporting cross-border transfers.
According to the company, its tools can help prediction market users fund wallets through exchanges including Binance and Crypto.com. It also said the platform can assist with cross-border business settlements.
Customers and regional focus
Fin.com has not disclosed specific customers. It said, however, that its clients collectively serve more than 800 million users. The company also did not disclose the valuation tied to the financing.
Fin.com has identified South Asia, Africa, and the Middle East as its main target markets. It currently has offices in New York, Las Vegas, Dubai, Dhaka, Bangalore, and Lahore.
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