TransFi Inc., a global payments infrastructure company focused on emerging markets, raised $19.2 million in a Series A funding round announced today. Turing Financial Group led the round. The funding includes $14.2 million in Series A equity and a $5 million committed liquidity facility. TransFi builds infrastructure that enables businesses to collect, convert, and pay out across fiat and stablecoin rails in markets where traditional payment systems are limited.
Funding Overview
TransFi Inc. closed a $19.2 million Series A round. Turing Financial Group led the investment in TransFi Inc.
Key details:
- Equity component: $14.2 million.
- Liquidity facility: $5 million committed.
- Purpose: Accelerate expansion in South-East Asia, South Asia, Middle East, Latin America, and Africa; invest in liquidity infrastructure, regulatory licensing, enterprise merchant acquisition, and AI-first product innovation in B2B payments, checkout, and stablecoin orchestration.
TransFi Inc. operates this infrastructure across 70+ countries with 250+ local payment methods, supporting 40+ fiat currencies and 100+ digital assets through a unified orchestration layer for collections, payouts, conversion, and settlement.
About the Company
TransFi Inc. provides secure, reliable, and compliant cross-border payments for businesses and individuals, emphasizing emerging markets. TransFi Inc. started operations in 2022. The company integrates 250+ local payment methods and supports real-time global payments with seamless onboarding.
Businesses use TransFi Inc. for cross-border payments settled in minutes, global payroll, vendor disbursements, remittances, and local collections with fiat and stablecoin settlement.
Performance metrics:
- 16x revenue growth since the 2024 seed round.
- 2+ million end users.
- 100+ clients globally.
- $1 billion+ in processed volume to date.
- On track for ~$5 billion in processed transaction volume in FY2026.
Raj Kamal, Co-Founder and CEO of TransFi Inc., stated: “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.”
Investors
Turing Financial Group invested in TransFi Inc. as the lead investor. Turing Financial Group focuses on digital payments, financial infrastructure, and next-generation financial technologies that enhance global access, efficiency, and interoperability.
Market Context
TransFi Inc. addresses inefficiencies in cross-border payments, particularly in emerging markets where traditional banking rails like correspondent banking and SWIFT delay settlements.
The company powers compliant payment flows using stablecoins, enabling faster delivery and lower costs for remittances, payroll, treasury, and vendor payments. TransFi Inc. supports 70+ countries and 250+ payment methods, reducing reliance on legacy systems. This trend aligns with ongoing innovation and funding activity such as Derivio Raises $6M.
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