tl;dr
Chicago-based Coinflow secures $25M in Series A funding to expand its stablecoin-powered global payments network, targeting inefficiencies in cross-border transactions and challenging traditional financial systems.
**Coinflow Raises $25M to Revolutionize Global Payments with Stablecoins**
Chicago-based stablecoin payments startup Coinflow has secured $25 million in a Series A funding round led by Pantera Capital, signaling its ambitious push to expand its global payout network and disrupt traditional cross-border financial systems. The investment underscores growing confidence in blockchain-based solutions to address inefficiencies in legacy payment infrastructure.
Since 2024, Coinflow has experienced explosive growth, with revenue surging 23-fold. The company now enables businesses to accept and send stablecoin-powered payments in over 170 countries, leveraging digital assets like USDC to streamline transactions. This expansion comes as merchants increasingly seek alternatives to traditional payment methods, which often involve multiple intermediaries, high fees, and delays.
Coinflow’s platform offers a suite of features designed to simplify cross-border transactions. These include instant settlement, chargeback protection, and AI-driven fraud prevention, all of which aim to reduce costs and enhance security. By eliminating reliance on traditional banks and payment gateways, the startup positions itself as a viable option for businesses looking to cut expenses and improve efficiency.
The Series A round was joined by prominent backers, including Coinbase Ventures, CMT Digital, Jump Capital, and The Fintech Fund. This support highlights the growing interest in stablecoin infrastructure, which has become a cornerstone of the broader crypto economy. Coinflow processes billions in annual transaction volume, further solidifying its role as a key player in the space.
The new capital will fuel Coinflow’s expansion into Asia and Latin America, two regions with vast untapped potential for digital payments. The company also plans to bolster its team across the U.S. and Europe while enhancing transaction approval rates—a critical factor in driving merchant adoption and growth.
“We’re at a pivotal moment in the evolution of global payments,” said Daniel Lev, Coinflow’s CEO and co-founder. “Payment systems are still stuck in a patchwork of local networks, riddled with delays, fraud, and unnecessary costs. Our mission is to build a seamless, transparent, and efficient alternative that empowers businesses worldwide.”
As global commerce continues to digitize, Coinflow’s focus on stablecoins reflects a broader shift toward decentralized financial tools. By challenging outdated systems, the startup aims to redefine how money moves across borders, offering a glimpse into the future of finance.