TransFi

TransFi is a global payments infrastructure and orchestration company building cross-border payment rails on stablecoin technology, with a particular focus on emerging markets. Headquartered in Dubai, UAE, the company operates regulated entities across seven jurisdictions — the UAE, USA, Poland, Canada, the Bahamas, Indonesia, and Australia — and supports payments across 70-plus countries through a single API integration.

The problem TransFi addresses

International payments in high-growth markets remain slow, expensive, and fragmented. Traditional correspondent banking chains add multiple intermediaries, hidden fees, and settlement delays that can stretch across days. For businesses paying suppliers, running global payroll, or collecting revenue across Southeast Asia, South Asia, Latin America, and the Middle East, these frictions create real operational costs. TransFi positions itself as the infrastructure layer that removes these intermediaries by routing value through stablecoin rails, settling cross-border transactions in minutes rather than days.

How it works

At the core of the platform is a unified orchestration layer that handles collections, payouts, conversion, and settlement. Businesses access all of these functions through the TransFi API, which connects to 250-plus local payment methods, 40-plus fiat currencies, and more than 100 digital assets across 35-plus blockchain networks. When a payer sends funds using a local method — say, GCash in the Philippines, PromptPay in Thailand, Pix in Brazil, or a standard bank transfer — TransFi can convert and settle the value on the receiving end in the preferred currency, whether fiat or stablecoin. The platform explicitly lists SOL alongside USDT, USDC, BTC, ETH, BNB, MATIC, and XRP as supported assets.

Rather than requiring businesses to pre-fund positions in every market, TransFi provides a settlement liquidity facility that covers prefunding constraints through in-situ liquidity, enabling instant settlement without the working capital burden that typically comes with cross-border payment operations.

Product suite

TransFi offers six distinct products built on the same underlying infrastructure.

The TransFi API is the developer-facing integration point, giving businesses one endpoint for global collections, payouts, card issuance, and stablecoin rail access. It includes support for named IBANs, enabling businesses to hold bank account numbers in 70-plus countries without requiring local entity incorporation.

BizPay is a messaging-native payment product that routes cross-border transactions through WhatsApp or Telegram. Businesses and freelancers can send and receive international payments directly inside chat applications, with onboarding designed to take minutes. The product covers 70-plus countries and 250-plus payment methods, charges fees starting from 0.15%, and carries no FX markup.

BizPay Pro is the enterprise-grade version, providing multi-currency account management, borderless IBANs, and real-time fiat-to-stablecoin conversion in a single treasury interface. It is aimed at corporates and PSPs that need to manage cross-border flows at scale alongside digital asset holdings.

Ramp is the on/off-ramp product for individuals and businesses buying or selling digital assets. It connects to 250-plus global payment methods and spans 35-plus blockchains, covering 130-plus digital assets and stablecoins. This product is particularly relevant to crypto exchanges and wallets that need fiat entry and exit in markets where local payment method coverage is critical.

Checkout allows merchants and e-commerce platforms to accept payments globally through a white-labelled checkout interface that gives customers the option to pay in crypto or via 250-plus local payment methods, with the merchant settling in their preferred currency.

The OTC Desk handles high-value institutional trades requiring bespoke pricing, spread validation controls, and multi-tranche settlement structures.

Compliance architecture

TransFi describes its compliance stack as a five-layer AI-powered system built into the platform rather than added on top. The layers cover global sanctions and PEP screening (including OFAC lists), AI-driven compliance decisioning, AI-powered transaction and risk monitoring, social media intelligence for customer profiling, and FATF travel rule compliance for cross-border transfers. The platform is certified under PCI DSS, ISO 27001, and SOC 2.

Markets served

TransFi has structured its geographic strategy around four high-remittance corridors where legacy payment rails carry the highest costs and friction.

In Southeast Asia, the platform supports Vietnam, Malaysia, the Philippines, Thailand, and Indonesia, connecting to regional wallets including GoPay, GrabPay, GCash, DANA, and ShopeePay, alongside interoperable QR standards such as QRIS and QR Ph.

In South Asia, the platform covers India, China, Pakistan, and Bangladesh. The India-Pakistan-Bangladesh corridor receives close to $200 billion in annual remittances, a market where TransFi competes directly with incumbent money transfer operators by offering lower costs through stablecoin-based settlement.

In the Middle East, the platform operates in the UAE and Saudi Arabia — two of the largest sources of outbound remittances to Asia. The UAE is among the more permissive stablecoin jurisdictions globally, with the Virtual Assets Regulatory Authority (VARA) having established a framework that TransFi operates under.

In Latin America, the platform supports Brazil, Mexico, Colombia, and Argentina. Brazil's Pix is one of the platform's featured real-time payment integrations, and Mexico, which received $68 billion in remittances in 2024, is a key target market.

Growth and funding

In March 2026, TransFi closed a $19.2 million financing round comprising a $14.2 million Series A equity raise and a $5 million committed liquidity facility, led by Turing Financial Group. The company had previously raised a seed round in 2024. Between that seed round and the Series A announcement, TransFi reported 16x revenue growth and disclosed that it now serves more than two million end users and over 100 business clients globally.

In a separate announcement in March 2026, TransFi disclosed that it had surpassed $1 billion in total processed volume. The company is targeting $5 billion in processed transaction volume for its 2026 financial year based on existing pipeline.

Raj Kamal, Founder and CEO of TransFi, said in the Series A announcement: "Stablecoins are no longer theoretical instruments — they are becoming foundational infrastructure for global commerce. Businesses are using our platform every day to run payroll, move treasury, settle cross-border transactions, and power remittances across markets where traditional rails remain inefficient."

Solana support

TransFi's Ramp product and API infrastructure support Solana as one of 35-plus blockchain networks, giving businesses and developers access to SOL-denominated settlement alongside other major digital assets. The platform does not disclose what proportion of volume routes through any specific chain, but Solana's low transaction costs and high throughput make it a practical rail for the high-frequency, lower-value cross-border flows that TransFi's emerging market customer base generates. The company's direction of travel — toward stablecoin-native settlement, broad blockchain support, and high-volume corridors in cost-sensitive markets — aligns with the growing role of Solana's stablecoin ecosystem in global commerce.