[Stablecoin Payment Support Company Zynk Completes $5 Million Seed Round Financing]
Infrastructure company Zynk, which supports stablecoin cross-border payments, announced the completion of a $5 million seed round financing. The round was led by Hivemind Capital, with participation from Coinbase Ventures, Alliance DAO, Transpose Platform VC, Polymorphic, Tykhe Ventures, and Contribution Capital. The funds will be used to expand transaction channel coverage, enhance liquidity, technology, and compliance infrastructure, and establish partnerships with leading global payment service providers. Zynk offers instant cross-border settlement services without requiring pre-funded accounts, supporting six currencies including USD, EUR, and INR. Since its launch in April, the platform has achieved an average monthly growth rate of 70%. Team members come from fintech backgrounds such as Amazon Pay India and Morgan Stanley.