TransFi, a global payments infrastructure company on stablecoin rails, focused on emerging markets, has closed a $19.2 million financing round, comprising $14.2 million in Series A equity and a $5 million committed liquidity facility.
The round was led by Turing Financial Group, a strategic investor in digital payments and financial infrastructure. The funding will support TransFi’s mission to modernize cross-border payments by reducing dependency on legacy banking rails and enabling real-time value transfer using stablecoin-enabled infrastructure.
The Series A funding will be deployed to accelerate expansion across high-growth emerging market corridors across South-East Asia, South Asia, 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.
“Stablecoins are no longer theoretical instruments, they are becoming foundational infrastructure for global commerce. Businesses are using our platform every day to run payroll, move treasury, settle cross-border transactions, and power remittances across markets where traditional rails remain inefficient. This Series A allows us to scale our infrastructure across high-friction markets and continue proving that stablecoin-enabled payments are not the future, they are already happening,” said Raj Kamal, co-founder and CEO of TransFi.
Operating across more than 70 countries, TransFi integrates more than 250 local payment methods, supports 40-plus fiat currencies and more than 100 digital assets, and provides a unified orchestration layer that simplifies global collections, payouts, conversion, and settlement.
TransFi said it is set to achieve ~$5 billion in processed transaction volume in the next 12 months, based on the current pipeline and expected business conversions. Since the seed round in 2024, the company has grown 16x in revenues, and now serves more than two million end users and more than 100 clients globally. TransFi powers compliant, predictable cross-border payments for institutions, enterprises, and digital merchants.