TransFi Raises $19.2M for Stablecoin Payment Expansion

Edgen Crypto·Mar 18 2026, 07:35

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Key Takeaways

Cross-border payments firm TransFi has secured $19.2 million in a Series A round led by Turing Financial Group. The funding is aimed at scaling its stablecoin-based payment infrastructure across emerging markets, demonstrating growing investor confidence in digital assets for real-world commerce.

Funding Breakdown: The company raised $19.2 million, which consists of $14.2 million in Series A equity and a $5 million committed liquidity facility.
Strategic Expansion: Capital is earmarked for growth in high-friction corridors across South-East Asia, the Middle East, Latin America, and Africa, alongside strengthening regulatory licensing.
Proven Traction: TransFi has already processed over $1 billion in transaction volume and projects reaching approximately $5 billion in FY2026 after achieving 16x revenue growth since 2024.

TransFi Secures $19.2M to Expand Stablecoin Payments

Global payment infrastructure company TransFi Inc. has closed a $19.2 million financing round to accelerate its expansion in emerging markets. The round, led by Taiwanese private equity firm Turing Financial Group, includes $14.2 million in Series A equity and a $5 million committed liquidity facility. Founded in 2022, the Dubai-based company provides infrastructure for businesses to manage payments across both traditional fiat and stablecoin rails, aiming to modernize cross-border transactions.

The new capital will be used to scale operations across corridors in South-East Asia, South Asia, the Middle East, Latin America, and Africa. Funds are also allocated to enhance TransFi's liquidity network, strengthen its regulatory licensing, and scale enterprise merchant acquisition. The company plans to further invest in its "AI-first operations" and product innovation for B2B payments and stablecoin orchestration.

Platform Surpasses $1B in Volume, Targets $5B in FY2026

TransFi has demonstrated significant market traction, having already processed over $1 billion in volume for more than 2 million end users. The company reported a 16x increase in revenue since its 2024 seed round and is now projecting it will handle approximately $5 billion in transaction volume in fiscal year 2026. The platform currently operates in over 70 countries and integrates more than 250 local payment methods.

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.

— Raj Kamal, Co-Founder & CEO.