HIFI raises $37m Series A as stablecoin infrastructure reaches institutional trades
Left Lane Capital backs a payments platform already used for card payouts and a live tokenized repo transaction.
HIFI connects the steps a business needs to move between bank money and stablecoins: collecting funds, converting them, applying payment controls and delivering a payout. Developers can use those connections inside their own financial products. September’s push-to-card launch paired stablecoin settlement with Visa Direct, extending the ways recipients can receive money.
The same infrastructure has reached securities markets. HIFI supported a live repo trade on Tradeweb between DRW and Marex, settled on the Canton Network with USDCx providing the cash leg. It also participated in DTCC’s July tokenized-repo pilot. These deployments give the company a foothold beyond cross-border payments, in transactions where cash movement must be coordinated with an asset. Left Lane’s Matt Miller joins the board with the financing.
What the funding supports
- Obtain additional regulatory licenses
- Expand engineering, compliance and commercial teams
- Extend payments infrastructure into cards and tokenized capital markets
HIFI
Payment infrastructure that lets businesses collect, convert and send money through bank accounts, cards and stablecoin wallets using one API.
Company profile and funding history