TransFi, a global payments infrastructure company on stablecoin rails, has announced the closing of a $19.2 million financing round, comprising $14.2 million in Series A equity and a $5 million committed liquidity facility.
The round, led by Turing Financial Group, a strategic investor in digital payments and financial infrastructure, will support TransFi’s mission to modernise cross-border payments. The support would be made seamless by reducing dependency on legacy banking rails and enabling real-time value transfer using stablecoin-enabled infrastructure.
The company is developing a system that enables businesses to transfer money globally using stablecoins, while maintaining connections to local payment methods on the ground. This approach aims to solve a long-standing problem: cross-border payments that are slow, expensive, and difficult to access in many parts of the world.
The numbers behind the rise point to rapid growth. Since its seed round in 2024, TransFi reports a 16x increase in revenue, alongside more than 2 million end users and over 100 business clients globally. The platform has already processed more than $1 billion in transaction volume, with projections to reach $5 billion in annual volume by FY2026
The Series A funding will be deployed to grow across high-growth emerging market corridors across South-East Asia, South Asia, the Middle East, LatAm and Africa, deepen regulatory licensing, and strengthen TransFi’s liquidity network. The company will also scale enterprise merchant acquisition, and continue investing in AI-first operations and product innovation across B2B payments, checkout infrastructure, and stablecoin orchestration.
TransFi’s infrastructure currently supports operations in over 70 countries, connecting to more than 250 local payment methods. This allows businesses to send and receive funds in ways that are familiar to users, even while transactions are powered by blockchain in the background.
The model is straightforward but powerful. Stablecoins are used to move value quickly across borders, while local payment rails handle the final delivery to users. This reduces delays, lowers costs, and avoids many of the limitations of traditional banking systems.
For TransFi, this funding round is not just about growth,it is about scaling a system that already shows traction. The company plans to expand its network, deepen integrations with local payment providers, and improve its infrastructure to handle higher transaction volumes.
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