Coinflow Raises $25M to Scale Stablecoin Payments, Led by Pantera
- Coinflow, a stablecoin payments startup, raised $25 million in a Series A round led by Pantera Capital.
- The company aims to expand its global payout network and compete with traditional cross-border systems.
- Since 2024, Coinflow's revenue has increased 23 times, supporting stablecoin payments in over 170 countries.
- Other investors include Coinbase Ventures, CMT Digital, Jump Capital, and The Fintech Fund.
- Stablecoin payments can lower transaction costs and reduce reliance on financial service intermediaries.
- Coinflow processes multi-billion-dollar annual transaction volumes using stablecoins like USDC.
- The platform offers instant settlement, chargeback protection, and AI-driven fraud prevention.
- The funding will help expand coverage in Asia and Latin America, hire in the U.S. and Europe, and improve transaction approval rates.
- CEO Daniel Lev highlighted the inefficiencies in current payment systems, including delays and unnecessary costs.
