Coinbase-Backed Coinflow Raises $25M to Challenge Stripe with Stablecoin Payment Infrastructure
In a significant development for cryptocurrency adoption in mainstream finance, payments startup Coinflow has secured $25 million in Series A funding to expand its stablecoin-based payment infrastructure. The funding round was led by Pantera Capital with notable participation from Coinbase Ventures, Reciprocal Ventures, and Jump Capital. This substantial investment positions Coinflow to directly compete with traditional payment processors like Stripe and Square by leveraging stablecoins as an intermediary settlement layer. The company's proprietary network utilizes stablecoins to dramatically reduce settlement times compared to conventional payment systems. By employing digital assets pegged to stable values, Coinflow enables near-instantaneous transaction finalization while maintaining the price stability necessary for commercial applications. This approach addresses one of the fundamental challenges in payment processing - the delay between transaction initiation and final settlement that can take days in traditional banking systems. Coinflow's technology represents a strategic evolution in how digital assets can be integrated into everyday financial transactions. The participation of Coinbase Ventures, the investment arm of one of the world's largest cryptocurrency exchanges, signals strong institutional confidence in stablecoin-based payment solutions. This backing from established players in both traditional finance and cryptocurrency sectors demonstrates the growing convergence between digital assets and mainstream financial infrastructure. The timing of this funding round coincides with increasing global adoption of stablecoins and regulatory clarity around their use. As more businesses seek efficient cross-border payment solutions and faster settlement mechanisms, Coinflow's infrastructure offers a compelling alternative to legacy systems. The company's approach could potentially revolutionize how merchants and consumers interact with digital payments, bridging the gap between cryptocurrency innovation and practical financial applications. This development marks another step toward the maturation of cryptocurrency infrastructure and its integration into conventional financial ecosystems. With $25 million in new capital and support from major investors including Coinbase Ventures, Coinflow is well-positioned to accelerate the adoption of stablecoin-based payment solutions and challenge established players in the payments industry.
Coinflow Secures $25M Series A to Expand Stablecoin Payments Infrastructure
Coinflow, a payments startup leveraging stablecoins for settlement, has closed a $25 million Series A round led by Pantera Capital. The funding saw participation from Coinbase Ventures, Reciprocal Ventures, and Jump Capital as the firm positions itself against traditional payment processors like Stripe and Square.
The company's proprietary network uses stablecoins as an intermediary layer to reduce settlement times from days to seconds while maintaining fiat currency compatibility. Strategic partnerships with Cross River Bank and major stablecoin issuers enable cross-chain operations across ethereum and Solana networks.
Regulatory tailwinds from the Genius Act and Stripe's recent acquisitions in the space have accelerated adoption among non-crypto businesses. Despite competition from Stripe's new stablecoin tools, CEO Daniel Lev emphasizes Coinflow's technical advantages in banking integrations and cost efficiency.
Pantera Capital Leads $25M Series A in Stablecoin Startup Coinflow
Chicago-based stablecoin infrastructure provider Coinflow has secured $25 million in Series A funding led by Pantera Capital, with participation from Coinbase Ventures, Jump Capital, CMT Digital, and The Fintech Fund. The capital injection comes as the firm reports 23x revenue growth since 2024, processing multi-billion dollar volumes across 170 countries.
"Payment systems remain fragmented across local networks, plagued by delays and fraud," said CEO Daniel Lev. The funding will fuel Asian and Latin American expansion while scaling what Coinflow describes as a unified global settlement LAYER for instant transactions. Pantera's investment underscores institutional conviction in stablecoins' role as next-generation payment rails.
