Overview
- Pantera Capital led the Series A with participation from Sequoia Capital and Samsung Next, and the company did not disclose a valuation.
- Fin is developing a user-friendly app for instant transfers to other users, bank accounts, or crypto wallets using stablecoin rails to cut fees.
- The product remains pre-launch, with a pilot planned next month for import–export businesses and hiring underway to expand the team.
- Fin says it will generate revenue from transaction fees and interest earned on stablecoin balances held in customer wallets.
- Some coverage reports the platform will run on Solana, a detail not stated in the company’s announcement as confirmed.