Zynk, a financial infrastructure company focusing on global payments, has raised $5 million in a seed funding round led by Hivemind Capital. The round also saw participation from Alliance DAO, Coinbase Ventures, Transpose Platform VC, Polymorphic Capital, Tykhe Ventures, and Contribution Capital.
The funds raised will be used to expand its international money transfer network, which currently supports currencies such as the US Dollar, Euro, Dirham, Indian Rupee, and Peso. The company also plans to enhance its security and compliance systems and partner with global banks and payment firms to make cross-border transactions faster and easier.
Founded in 2025 by Prashanth Swaminathan, Manish Bhatia and Abhishek Pitti, Zynk is a fintech startup that enables global payment companies to make instant cross-border settlements through its blockchain-based platform. It charges a fee based on the transaction value or liquidity used.
The platform helps partners expand internationally without the usual hurdles of local licensing or setting up multiple banking relationships, reducing friction and improving efficiency in global payments.
Zynk currently works with five financial institutions worldwide, including both banks and fintech companies.
Prashanth Swaminathan, co-founder and CEO, Zynk, said, “We want to focus on distribution by expanding the country pairs we support for sending and receiving money, and re-engineer our compliance stack. We also plan to build strategic partnerships with larger clients. We are enabling these cross-border transactions instantly with embedded, just-in-time liquidity, so the payment companies don’t have to raise their own separate pre-funding capital, thereby eliminating internal liquidity operations.”
Emmanuel Vallod, Partner and Head of Ventures, Hivemind Capital, said, “Cross-border payments are a part of global commerce and finance, yet they remain dragged down by antiquated technologies and a swathe of immobilised capital. A complete rethink is long overdue.”
Kayla Phillips, who led the investment for Hivemind, said, “Thoughtfully bridges that divide, giving cross-border payment companies instant access to liquidity while maintaining transparency, compliance, and scalability through its blockchain-based atomic settlement solution.”
Manish Bhatia, co-founder and CTO, Zynk, said, “Liquidity should move as freely as information. When I was leading Amazon Pay’s technology stack, I saw firsthand how businesses have always needed real-time settlement. Zynk is finally making that possible — without the liquidity burden.”
Zynk is backed by T-Hub, a Hyderabad-based startup incubator.
Kavikrut, CEO, T-Hub, said, “At T-Hub, we’re doubling down on founders who don’t just build products, but also the infrastructure for the future. The Zynk team’s global mindset and depth of expertise make them a great example of how Indian innovation can power the world’s financial backbone.”
