Zynk Raises $5 Million to Accelerate Instant Cross-Border Settlements With JIT Liquidity
Investor backing highlights a bid to remove pre-funding through blockchain atomic settlement.
Overview
- Hivemind Capital led the seed round with Coinbase Ventures, Transpose Platform VC, Polymorphic Capital, Tykhe Ventures, Alliance DAO, and Contribution Capital participating.
- The New Delhi startup provides just-in-time liquidity and blockchain atomic settlement designed to give payment providers instant settlement without pre-funding.
- Current corridors include USD, EUR, AED, INR, MXN, and PHP, with plans to add coverage and deepen integrations with banks and payment firms.
- Zynk says it will use the funds to bolster security and compliance as it scales its network for remittances and B2B payments.
- Founded in April 2025 by Prashanth Swaminathan, Manish Bhatia and Abhishek Pitti, the company reports 70% month-over-month growth since launch.