Fin Secures $17 Million in Stablecoin Remittance Funding Led by Pantera Capital

COINOTAG News, reporting on December 3 and citing Fortune, notes that Fin, a stablecoin remittance provider, has closed a financing round totaling $17 million. The deal was steered by Pantera Capital with participation from Sequoia and Samsung Next, signaling persistent institutional appetite for crypto payments platforms. The company did not disclose a valuation for the round, a common practice in early-stage fundraising.

Proceeds are earmarked to scale Fin’s settlement rails and expand cross-border stablecoin remittance services, while strengthening risk management and regulatory compliance to serve institutional clients and merchants across tokenized payment corridors.