Inside the business of finance

FintechFintech

Stablecoin Infrastructure Firm HIFI Raises $37 Million Series A Led by Left Lane Capital

HIFI, which offers a single API for money movement, compliance and settlement across bank rails and stablecoins, says it now processes more than $7 billion in annualized volume and has recently worked with DTCC and Visa.

By MFN Staff
5comments
Abstract visualization of glowing ledger nodes connecting bank rail icons and blockchain blocks
Abstract visualization of glowing ledger nodes connecting bank rail icons and blockchain blocks

NEW YORK — HIFI, a stablecoin payments and tokenized capital-markets infrastructure company, said it raised $37 million in a Series A round led by Left Lane Capital. The company says it will use the funding to scale its infrastructure and expand its product suite, which centers on a single API that lets businesses move money, run compliance checks and settle transactions across both traditional bank rails and stablecoin networks.

The company says it currently processes more than $7 billion in annualized transaction volume, though that figure comes from HIFI itself and has not been independently verified. HIFI has also pointed to recent work with the Depository Trust & Clearing Corporation on tokenized security trades and a partnership with Visa aimed at expanding stablecoin-funded payouts, positioning the company at the intersection of traditional market infrastructure and digital-asset settlement rather than as a consumer-facing crypto product.

The raise lands amid a broader wave of institutional capital flowing into firms that build the plumbing connecting stablecoins to conventional finance — custody, settlement, compliance and API layers — rather than issuing stablecoins themselves. Left Lane Capital, the lead investor, has previously backed consumer and fintech companies, and its participation signals continued venture appetite for infrastructure bets in the space even as some issuer-side stablecoin ventures face slower regulatory timelines.

As with any privately reported funding round, the terms disclosed publicly are limited to what HIFI and its investors chose to share; the company has not published a post-money valuation, and its transaction-volume and customer figures have not been verified by an outside auditor.