Series A · Fintech
HIFI raises $37 million in Series A
The stablecoin infrastructure company connects payment APIs and programmable asset controls with settlement for institutional transactions.
Stablecoin rails for payments and capital markets
HIFI provides APIs for stablecoin payments, asset controls and settlement, with integrations including Visa Direct payouts and the Circle Payments Network. Its infrastructure has also handled the cash leg of a tokenized repo trade between DRW and Marex on the Canton Network. The company reported more than $7 billion in annual processing volume across platforms serving over 10,000 businesses and 200,000 individuals.
Use of funds
Obtain additional regulatory licenses
Grow the team in New York and selected international markets
Extend products from payments into cards and capital markets
Funding history
Series A · This round$37M