A $19.2M funding round signals strong demand for stablecoin payments and faster cross-border settlement systems.
Stablecoins are becoming more common in everyday payments, especially for sending money across borders. TransFi has raised $19.2 million to expand its services into emerging markets. The company aims to make payments faster and easier by using stablecoin technology instead of traditional banking systems.
Funding Fuels TransFi’s Expansion Across Several Continents
TransFi Inc., a global payments infrastructure company built on stablecoin rails, has secured $19.2 million in new funding. The round includes $14.2 million in Series A equity and a $5 million committed liquidity facility. Turing Financial Group led the raise, backing the company’s expansion plans in high-growth regions.
@getTransFi raises $19.2M Series A led by Turing Financial Group.
We’re building global payments infrastructure on stablecoin rails focused on emerging markets.
The numbers behind this raise tell the real story:
→ 16x revenue growth since the seed round in 2024
→ 2+ million… pic.twitter.com/MAJv5cTiTY— TransFi | Global Payment Solutions (@getTransFi) March 18, 2026
With this capital, TransFi will expand into Southeast Asia, South Asia, the Middle East, Latin America, and Africa. At the same time, the company plans to secure additional regulatory licenses and grow its enterprise client base.
The payments firm aims to reduce reliance on traditional banking systems by offering faster settlement through stablecoin-based infrastructure. This positions TransFi as an alternative to correspondent banking and SWIFT-based transfers.
Its system supports cross-border payroll, remittances, treasury movement, and business payouts. As such, transactions that once took days can now settle within minutes using stablecoins.
TransFi Targets $5B in Volume as Stablecoin Payments Gain Traction
According to the release, TransFi supports over 40 fiat currencies and 100 digital assets. The company currently operates across over 70 countries and offers access to more than 250 local payment methods. A unified system connects collections, payouts, conversion, and settlement across both fiat and stablecoin rails.
Raj Kamal, Co-Founder and CEO of TransFi, said stablecoins are moving into everyday financial use. He noted that businesses already rely on the platform for payroll, treasury transfers, and cross-border settlements. According to him, the new funding will help expand services in regions where payment systems remain inefficient.
The company also reports rising demand, with revenue up 16x since its 2024 seed round. In addition, TransFi serves over two million end users and more than 100 global clients. It expects to process about $5 billion in transaction volume in fiscal year 2026 based on its current pipeline.
TransFi’s modular platform targets the growing B2B payments market. It offers businesses a unified system for handling payroll, vendor payments, and treasury operations across borders. This approach reduces the friction often seen in legacy financial systems.
Stablecoins Gain Ground in Global Payment
Data from the Boston Consulting Group states that stablecoin payment volumes exceeded $350 billion in 2025. Adoption continues to rise as firms seek faster and more cost-efficient payment methods.
Large financial and crypto players are also building stablecoin infrastructure. Injective recently announced support for USD Coin (USDC), allowing the asset to be issued natively on its blockchain. This removes the need for wrapped tokens and supports more direct transfers across networks.
Traditional payment firms are also entering the space. Mastercard has agreed to acquire stablecoin infrastructure company BVNK in a deal valued at up to $1.8 billion. PayPal has expanded access to its PYUSD stablecoin to users in 70 markets.
Rising activity across both crypto-native and traditional finance signals a shift in global payments.
