FIN, a crypto startup founded by former Citadel employees, has raised $17 million in a funding round led by Pantera Capital, with participation from Sequoia and Samsung Next. The company, previously known as TipLink, is developing a global payment platform leveraging stablecoins to facilitate fast and cost-effective cross-border transactions for businesses and high-net-worth individuals.
The platform aims to enhance supply chain efficiency by offering instant settlement solutions, particularly targeting import and export firms through upcoming pilot programs. FIN's evolution from a Solana-based link transfer tool to a comprehensive payment solution marks a significant step in its mission to disrupt traditional payment systems.
FIN Raises $17M to Revolutionize Cross-Border Payments with Stablecoins
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