Zynk Secures $5 Million in Seed Funding for Cross-Border Payments

Fintech infrastructure startup Zynk has successfully secured $5 million in a seed funding round guided by Hivemind Capital, with contributions from Alliance DAO, Coinbase Ventures, Transpose Platform VC, Polymorphic Capital, Tykhe Ventures, and Contribution Capital. Formed by previous leaders from Amazon Pay, Morgan Stanley, and Harvard, Zynk is developing a real-time cross-border payment infrastructure that removes the requirement for pre-funded liquidity. The platform supports instant settlements across various currencies including USD, EUR, AED, INR, MXN, and PHP, catering to remittance providers, payment processors, and B2B payment platforms.

The Hyderabad-based startup aims to utilise the newly acquired funding to broaden its corridor coverage, enhance compliance systems, and establish global payment partnerships. Since its understated launch in April 2025, Zynk asserts that it has experienced a remarkable 70% month-on-month growth, indicating a robust demand for its liquidity-free settlement capabilities.

Prashanth Swaminathan, co-founder and CEO of Zynk, noted that the company is constructing the financial infrastructure that facilitates instantaneous global payments. He highlighted that access to just-in-time liquidity has evolved into a significant barrier in cross-border payments and claimed that Zynk is actively dismantling that barrier. The startup’s technology incorporates liquidity within its network, enabling partners to swiftly enter new markets and function without local licenses or dormant funds.