Coinflow, a stablecoin payment startup, raised $25 million in Series A funding led by Pantera Capital, Coinbase Ventures, Reciprocal Ventures, and Jump Crypto to help merchants use stablecoins for faster money movement. Founded in 2022 by Daniel Lev, Coinflow aims to challenge traditional payment giants like Stripe and Worldpay by enabling near-instant settlement through blockchain networks such as Solana and Ethereum. By partnering with banks and stablecoin issuers like Cross River, Coinflow allows merchants to process transactions in fiat while leveraging stablecoins as an intermediary layer, cutting settlement times from days to seconds.
Stablecoin Startup Coinflow Raises $25 Million to Challenge Stripe
