The new capital will be used to scale operations across emerging markets, expand regulatory licensing efforts, and enhance the firm’s payment orchestration platform.
Stablecoin payments infrastructure provider TransFi has raised $19.2 million in a fresh funding round aimed at accelerating its global expansion and strengthening its cross-border payment capabilities, the company said Wednesday. The funding comprised of $14.2 million in Series A equity and a $5 million committed liquidity facility.
The funding round was led by a group of venture capital firms focused on fintech and digital assets, with participation from existing backers. The new capital will be used to scale operations across emerging markets, expand regulatory licensing efforts, and enhance the firm’s payment orchestration platform.
Founded to simplify international transactions using blockchain technology, TransFi enables businesses to send and receive payments in stablecoins while seamlessly converting them into local fiat currencies. The company says its platform addresses long-standing inefficiencies in cross-border payments, including high fees, slow settlement times, and limited access to banking infrastructure in developing regions.
“Access to fast, affordable global payments should not be limited by geography,” a TransFi spokesperson said in a statement. “This funding allows us to deepen our presence in key markets and build infrastructure that bridges traditional finance and digital assets.”
Stablecoins—digital tokens pegged to fiat currencies such as the U.S. dollar—have become a cornerstone of crypto-based payments, particularly in regions facing currency volatility or restricted financial access. By leveraging stablecoins, firms like TransFi aim to offer more predictable and cost-efficient alternatives to legacy systems such as wire transfers and correspondent banking networks.
The company said it plans to prioritize expansion in Asia, Africa, and Latin America, where demand for faster and cheaper remittance and business payment solutions continues to grow. TransFi is also investing in compliance and risk management tools to meet evolving regulatory requirements across jurisdictions.
The raise comes amid increasing institutional interest in blockchain-based payment solutions, as both startups and traditional financial players explore ways to integrate stablecoins into mainstream financial systems. Analysts say infrastructure providers like TransFi are well-positioned to benefit from this trend, particularly as global payment volumes continue to rise.
With the new funding secured, TransFi aims to onboard more enterprise clients, including fintech firms, payment processors, and global merchants seeking efficient cross-border settlement options.
The company did not disclose its updated valuation but said the latest round marks a “significant milestone” in its mission to modernize international payments through blockchain technology.
