Expa, Coinbase Ventures, and Tenet Fund provided $20 million in funding to payment infrastructure company Fin to scale its network of local bank connections. The startup links fintech companies to bank rails in more than 51 countries using stablecoin settlement and claims its infrastructure has reached 825 million users. Fin completed seven mergers and acquisitions in the previous 12 months.

Founder Nabeel Alamgir designed the platform for payment corridors, such as routes to Dhaka and Karachi, where cross-border transfers currently cost 8% and take one week to complete. Alamgir previously served as chief marketing officer of a burger chain and raised $22 million for his prior company, Lunchbox.