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Funding · Financial Services

Fin.com raises $20M seed from Expa and Garrett Camp

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Date
Company
Fin.com
What it does
Cross-border payment infrastructure
Kind
Funding
Amount
$20M
Stage
seed
Based in
New York
Founded
2025
Sector
Financial Services

What they do

Fin.com provides white-label payment infrastructure for businesses to collect, convert, and distribute money using stablecoins and local banking rails

What happened

The company raised a $20M seed round led by Expa and Uber co-founder Garrett Camp, with participation from Coinbase Ventures and others

Why it matters

The platform supports 40+ currencies and payouts across 51 countries

The details

  • Fin.com emerged from stealth on 15 September 2026.
  • It raised a $20M seed round that closed in August 2026.
  • The round was led by Expa and Garrett Camp, co-founder of Uber.
  • Participants included Coinbase Ventures, Tenet Fund, founders of Figure, Mesh founder Bam Azizi, Second Sight Ventures, and sovereign and royal family offices from the Gulf and Africa.
  • Expa founding partner Vitor Lourenço joined the investment after Mustafa Dar moved from prospective investor to co-founder.
  • The company plans to use the funds to expand corridors, continue acquisitions, and pursue a bank acquisition within six months.
  • Fin.com has already completed seven acquisitions and targets 12 by the end of 2026.

The bigger picture

  • The stablecoin market cap is approximately $305B, with USDT holding 60.1% and USDC as the second-largest.
  • The US Genius Act (July 2025) established a federal regulatory framework for dollar-pegged stablecoins.
  • Competitors include Bridge (acquired by Stripe), Yellow Card, and Mural.
  • Similar startups like TransFi ($19.2M in March 2026), El Dorado ($9M Series A in June 2026), and Latitude ($35M Series A in Sep 2026) have also raised funds recently.

About the business

  • Fin.com provides white-label payment infrastructure for businesses to collect, convert, and distribute money using stablecoins and local banking rails.
  • It offers a single API for bank transfers, international wires, and stablecoins, with payouts to bank accounts, mobile wallets, and local payment networks.
  • The platform supports 40+ currencies and payouts across 51 countries.
  • Settlement assets are USDC and USDT.
  • Local payment methods include ACH, SEPA, Faster Payments, PIX, and UPI.
  • Mobile money services supported are M-Pesa, GCash, and Airtel Money.
  • Routing technology selects payment paths based on speed, cost, and availability.
  • Most transfers settle in under 60 minutes compared to 2–5 business days for conventional banking.
  • Crypto service supports BTC, ETH, USDC, USDT with auto conversion to fiat and external wallet payouts.
  • The platform performs wallet screening, transaction monitoring, and Travel Rule processing.
  • Supported crypto exchanges include Crypto.com and Kraken.
  • Focus regions are South Asia, Africa, and the Middle East.
  • Offices are located in New York, Las Vegas, Dubai, Dhaka, Bangalore, and Lahore.
  • Fin Inc. is a Delaware holding company; regulated activities go through separate entities and payment partners.
  • Wind Technologies holds a Dubai Financial Services Authority Innovation Testing Licence (limited testing, not full-scale).
  • Advisory board includes Michael Tannenbaum (Figure), Imran Ahmad (Bitso), Matt Heiman (Mercury), Bruce Wallace (Revolut), Christy Choi (former Binance board), and Bam Azizi (Mesh founder).

What happens next

  • Use funds to expand corridors, continue acquisitions, and pursue a bank acquisition within six months.
  • Use seed capital to build cross-border network and payment infrastructure in selected markets.

The deal

Type
seed

Investors

  • Expa (lead) — Expa is a venture capital firm; founding partner Vitor Lourenço joined the investment.
  • Garrett Camp (lead) — Garrett Camp is the co-founder of Uber.
  • Coinbase Ventures (participated) — Coinbase Ventures is the investment arm of cryptocurrency exchange Coinbase.
  • Tenet Fund (participated)
  • Founders of Figure (participated) — Figure is a fintech company.
  • Bam Azizi (participated) — Bam Azizi is the founder of Mesh.
  • Second Sight Ventures (participated)
  • Sovereign and royal family offices in Gulf and Africa (participated)

Founders

  • Nabeel Alamgir, Co-founder
  • Mustafa Dar, Co-founder

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