Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Wednesday Dec 3 2025 21:50
2 min
Former Citadel engineers Ian Krotinsky and Aashiq Dheeraj have unveiled Fin, a stablecoin-based payment application engineered for substantial cross-border transactions, after successfully securing $17 million in funding.
According to a Fortune report published Wednesday, the startup, previously operating under the name TipLink, completed its funding round with support from prominent investors including Pantera Capital, Sequoia, and Samsung Next. Fin intends to initiate a pilot program within the next month, focusing on import-export businesses frequently dealing with transactions in the hundreds of thousands of dollars.
Leveraging stablecoin technology, Fin will empower users to transfer funds to other payment platforms, bank accounts, and cryptocurrency wallets, striving to offer lower costs compared to conventional wire transfers. The company plans to generate revenue through transaction fees, priced competitively below bank alternatives, and from interest accrued on stablecoin balances held in user wallets.
Krotinsky stated to Fortune that the application is specifically designed for high-value payments that platforms like Venmo and Zelle cannot instantly process, and it will facilitate global transfers without the typical delays associated with traditional banking networks.
Risk Warning: This article represents only the author’s views and is provided for informational purposes only. It does not constitute investment advice, investment research, or a recommendation to trade, nor does it represent the stance of the Markets.com platform. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Trading cryptocurrency CFDs and spread bets is restricted for all UK retail clients.
Latest
View all
Thursday, 7 May 2026
6 min
Thursday, 7 May 2026
3 min
Monday, 11 May 2026
Indices
Latest ETF News Highlights: BTC Price (BTC/USD) Holds at $81,500 Amid Strong Bitcoin ETF Inflows
Monday, 11 May 2026
Indices
Gold Price Today, May 12: XAU/USD Rises Sharply After Fed Cut Live Gold Price at $4,750
Sunday, 10 May 2026
Indices
Stock Market Today: Nifty Slips Below 24,200, Sensex Drops to 77,328 as Oil Crosses $100
Sunday, 10 May 2026
Indices
Gold Price Today, May 11: Gold (XAUUSD) Trading at $4,695, Central Banks Keep Buying as Investors Seek Shelter
Friday, 8 May 2026
Indices
India's Tech Boom: India’s Offshore Tech Hubs Near 2030 Milestone in FY26
Friday, 8 May 2026
Indices
Gold Price Today, May 09: Gold (XAUUSD) at $4,720 Faces Correction Risk After 250% Rally as Oil Leads Markets
Thursday, 7 May 2026
Indices
Tata Gold ETF Rides XAUUSD Breakout as Middle East Developments Shake Markets
Thursday, 7 May 2026
Indices
Gold Price Today, May 08: XAUUSD Surge to $4,753 on Easing Oil and Inflation Signals
EN
