Fintech News Funding Alert

Indian fintech startup Zynk raises $5m to expand globally

• ByStartupStory     |    November 5, 2025

Indian Fintech Startup Zynk Raises $5 Million to Expand Global Cross-Border Payments Network

Zynk, a Hyderabad-based fintech infrastructure startup, has raised $5 million in a seed funding round led by Web3-focused Hivemind Capital, with participation from notable investors including Alliance DAO, Coinbase Ventures, Transpose Platform VC, Polymorphic Capital, and Tykhe Ventures. The funding round underscores strong confidence in Zynk’s innovative approach to transforming cross-border payments by eliminating the need for pre-funded liquidity.

Founded in April 2025 by ex-industry veterans including former Amazon Pay India CTO Manish Bhatia, co-founder Prashanth Swaminathan, and Abhishek Pitti, Zynk builds a blockchain-based platform enabling instant cross-border settlements across multiple currency corridors including USD, EUR, AED, INR, MXN, and PHP. The technology embeds liquidity within its financial network, allowing payment partners to scale quickly without tying up capital in local pre-funding accounts or obtaining multiple local licenses.

Zynk’s platform serves remittance providers, payment processors, trading platforms, neobanks, and payroll systems, offering a seamless payment experience with real-time settlement and enhanced compliance. Since its quiet launch in April 2025, Zynk claims to have achieved a 70% month-on-month growth rate, reflecting strong market demand.

The new capital will be deployed to expand corridor coverage, enhance security and compliance infrastructure to meet stringent global financial regulations, and forge strategic partnerships with banks and payment companies worldwide.

CEO Prashanth Swaminathan emphasized that Zynk is “building the financial pipes that make global payments instant,” aiming to break the traditional liquidity barriers in cross-border finance.

In summary, Zynk’s $5 million seed funding positions the startup for rapid international growth, enabling fintech companies and financial institutions to process instant, efficient, and compliant cross-border transactions, ushering in a new era of global payments infrastructure.

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