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Coinflow Secures $25 Million Series A to Enhance Stablecoin Payments

Coinflow Secures $25 Million Series A to Enhance Stablecoin Payments

Stablecoin payments startup Coinflow secures $25 million in Series A funding to expand its payout network and challenge traditional cross-border payment systems.

Fact Check
Two highly credible sources (Fortune and its crypto vertical) corroborate that the 'stablecoin startup Coinflow' raised $25 million. Other sources mentioning smaller amounts ($2.25 million and $1.45 million) refer to earlier seed funding rounds, which does not contradict the claim of a subsequent, larger Series A round.
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Summary

Coinflow, a stablecoin payment platform, has raised $25 million in a Series A funding round led by Pantera Capital. The company will use the funds to expand its global payout coverage, particularly in Asia and Latin America, improve transaction approval rates, and scale its team. The startup now supports stablecoin payments in over 170 countries and has seen revenue growth of 23 times since 2024. Other backers include Coinbase Ventures, CMT Digital, Jump Capital, and The Fintech Fund.

Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset, such as the US dollar, designed to reduce price volatility.
  • Series A Funding: An early-stage investment round aimed at scaling a startup’s operations, typically following seed funding.