Fin Raises $17M to Bring Stablecoin Speed to High-Value Payments

Hey Payments Fanatics!

Fin just pulled in a $17M Series A led by Pantera Capital to launch its stablecoin-powered product for instant, large-value global transfers.

The pitch is simple: move millions across borders without delays, opaque fees, or operational drag. Stablecoin rails with bank-grade reliability. Instant in. Instant out.

Early users include global enterprises, financial institutions, and crypto-native businesses... all looking for faster, more predictable movement of funds.

Fin Co-founder and CEO Ian Krotinsky says incumbents can’t rebuild their infrastructure quickly enough, which opens real space for Fin to push ahead.

Pantera points to the team’s knack for building crypto products that don’t feel like crypto: clean, intuitive, production-ready.

Curious to stay on top of today’s Payments moves? Scroll down and catch the highlights 👇

Cheers,

Marcel

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NEWS

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🇺🇸 Fin raises $17m to launch stablecoin product for high-value payments. The Series A will fund team expansion and bring Fin's stablecoin‑powered payments product to market, launching soon with early users including global enterprises, financial institutions, and crypto-native businesses seeking faster, more reliable payment rails.

🇰🇪 Vodacom set to hold majority stake in Safaricom after $1.6bn stake acquisition. While the deal will see Vodacom hold a 55% stake, the Kenyan government and general public investors will retain approximately 20% and 25% of Safaricom’s shareholding, respectively.

🇬🇧 Revolut ramps up business offering in Visa tie-up. Revolut Business is set to introduce Titan, a premium business card, early next year as it pushes forward in its mission to create the ultimate all-in-one app. Additionally, CEAV and Revolut signed an alliance to simplify the financial management of travel agencies. Travel agencies that start operating with Revolut will be able to enjoy exclusive cashback on all their purchases within the travel sector.

🇬🇧 Revolut integrates Solana for payments, transfers, and staking. The integration enables Revolut users to send, receive, or pay via Solana using USDT, USDC, and SOL while accessing the blockchain’s payment and transfer capabilities. Users can also participate in Solana staking through the platform.

🇻🇳 Circle collaborates with Pismo and Visa to launch Vietnam’s first AI-powered PayLater Card. This will enable Circle to launch the nation’s first truly AI-powered PayLater card, aiming to set new standards for transparency, personalisation, and user experience in the financial industry.

🇮🇱 Neema launches Request-to-Pay, a real-time, low-cost payment collection method that enables financial institutions and their business clients to receive funds directly from customers’ bank accounts, bypassing card schemes and supporting the shift toward account-to-account payments.

🇮🇪 Circle and OpenMind partner for autonomous AI payments. They plan to build basic standards and infrastructure. These are for Machine-to-Machine payments. They are going to use the USDC stablecoin. For that reason, this initiative is aimed at enabling autonomous AI systems.

🇬🇧 ClearBank partners with Plaid to power real-time open banking payments in the UK. Consumers will benefit from faster, more predictable bank payments, powered by ClearBank’s regulated infrastructure. Whether making payouts or moving money between accounts, users benefit from a more seamless, secure experience.

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🇸🇾 Visa plans Syria launch after deal with central bank on digital payments. “The immediate focus will be on working with licensed financial institutions to develop a robust and secure payments foundation. This includes issuing payment cards and enabling digital wallets using global standards,” Visa said.

🇺🇸 YouTube star MrBeast is moving into financial services. MrBeast is looking to launch a financial services platform and a phone company, Beast Mobile. His holding company, Beast Industries, is expanding beyond YouTube with new businesses and hires. 

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