Fin.com, a New York-based payments start-up building Fin.com stablecoin infrastructure for cross-border transfers, has emerged from stealth with a $20 million seed round that closed in August.
The round was led by Expa and Uber cofounder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, the founders of Figure, Mesh founder Bam Azizi, Second Sight Ventures, and sovereign and royal family offices in the Gulf and Africa.
The company was cofounded by Nabeel Alamgir and Mustafa Dar, both immigrant technology entrepreneurs who said their personal experience of sending money abroad shaped Fin.com’s focus on underserved markets.
What Fin.com’s stablecoin infrastructure does
Fin.com sells white-label payment infrastructure to businesses, including financial services firms, consumer platforms and prediction markets.
Its tools allow prediction market users to fund wallets from exchanges such as Binance and Crypto.com, while also helping platforms move corporate funds across borders. The company declined to name specific clients but said they collectively serve more than 800 million users, according to the company.
‘We believe that money movement is like a plane taking off from one airport, but it has to land somewhere else,’ Alamgir told Fortune. ‘We want to solve the last mile delivery problem.’
The company name is an abbreviation for ‘finishing the job.’ Both founders have it tattooed on their bodies.
A crowded market, but a personal mission
Fin.com’s launch comes as the stablecoin sector continues to expand rapidly. The combined market capitalisation of stablecoins surpassed $305 billion in September, up more than 77% from a year earlier, according to DeFiLlama data.
The growth has drawn established players including Circle and BVNK, alongside Bridge, the stablecoin infrastructure provider owned by Stripe. Alamgir and Dar acknowledged entering a crowded market but said their roots distinguish their approach.
Alamgir was born in Bangladesh, grew up in Kuwait, and moved to New York as a teenager. Dar was born in Pakistan, lived in Saudi Arabia, and moved to Los Angeles at age five. Both watched their parents struggle to send money overseas.
The founders have identified South Asia, Africa and the Middle East as priority regions. Beyond its New York headquarters, Fin.com has offices in Las Vegas, Dubai, Dhaka, Bangalore and Lahore.
Dar had previously founded private jet company 24/7 Jet in 2012 before stepping away in 2023 to join Expa as an investor. Alamgir had left Lunchbox, an enterprise restaurant-technology firm he founded, around the same time. In late 2025, Alamgir flew to Los Angeles to pitch Dar on Fin.com, and Dar moved from prospective investor to cofounder.
Vitor Lourenço, founding partner at Expa, took Dar’s place as a co-investor in the seed round. ‘All of the Expa partners are immigrants,’ Lourenço said. ‘We grew up in different countries, so the opportunity of cross-border payments was very clear for us.’
Alamgir and Dar declined to disclose the company’s valuation.
