Stablecoin payments firm TransFi raises over $19M to expand services

Stablecoin payments infrastructure firm TransFi has raised $19.2 million to expand its operations. Summary TransFi raised $19.2 million in a Series A round led by Turing Financial Group to expand its stablecoin-based cross-border payments infrastructure. The company plans to deploy the funds across emerging markets while strengthening regulatory licensing and scaling enterprise merchant adoption. According…

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