Since 2024, Coinflow has experienced a 23-fold increase in revenue, expanding its services to support payments in over 170 countries and attracting more non-crypto businesses following regulatory clarity, such as the passage of the Genius Act.

Despite Stripe's launch of a product allowing companies to create their own stablecoins, Coinflow maintains a competitive edge through its superior speed, relationships, and technical talent.

Coinflow, a Chicago-based startup founded in 2022, is revolutionizing cross-border payments by leveraging stablecoins like USDC to facilitate faster, cheaper, and more secure transactions across over 170 countries.

Partnering with major banks such as Cross River and stablecoin issuers, Coinflow's platform enables minting, burning, and cross-chain conversions on Ethereum and Solana, simplifying international payments.

The company's infrastructure aims to replace traditional payment processors by reducing transaction settlement times from hours or days to seconds, offering instant settlement, chargeback protection, and AI-driven fraud prevention.

Led by CEO Daniel Lev, Coinflow seeks to challenge established players like Stripe and Worldpay by emphasizing speed, lower costs, and seamless cross-border transactions.

The new funding will enable Coinflow to grow its payout network in Asia and Latin America, hire across the U.S. and Europe, and improve transaction approval rates to support increasing merchant demand.

Coinflow's growth has been fueled by the broader industry shift toward stablecoin payments, especially after Stripe's acquisitions of Bridge and Privy in 2024, which introduced more mainstream companies to blockchain-based transactions.

Coinflow recently raised $25 million in a Series A funding round led by Pantera Capital, with participation from Coinbase Ventures, CMT Digital, Jump Capital, and The Fintech Fund, to expand its global operations and enhance merchant adoption.

Coinflow's platform offers features such as instant settlement, chargeback protection, and AI-driven fraud prevention, enabling merchants to accept and send money globally using stablecoins without handling the assets directly.

While Stripe's entry into stablecoin issuance presents a challenge, Coinflow's focus on infrastructure and rapid settlement times positions it as a formidable player in the evolving payments landscape.

CEO Daniel Lev emphasizes that current payment systems are fragmented, slow, costly, and vulnerable to fraud, and Coinflow aims to streamline cross-border transactions by leveraging blockchain technology.