Hyderabad-based cross-border fintech startup Zynk has raised $5 million in a seed funding round led by Hivemind Capital, with participation from Alliance DAO, Coinbase Ventures, Transpose Platform VC, Polymorphic Capital, Tykhe Ventures, and Contribution Capital.
The company plans to use the new funding to expand currency corridors, strengthen compliance systems, and build global payment partnerships. The investment will help Zynk move forward with its goal of enabling instant and compliant cross-border settlements across major international markets.
Founded in 2025 by Prashanth Swaminathan, Manish Bhatia, and Abhishek Pitti, Zynk is developing a real-time payment infrastructure that removes the need for pre-funded liquidity.
The platform currently supports instant settlements across several major currencies, including USD, EUR, AED, INR, MXN, and PHP, serving remittance providers, financial institutions, and B2B payment networks.
Since its launch, Zynk has reported 70% month-on-month growth, driven by rising demand for its liquidity-free settlement system. Its proprietary model embeds just-in-time liquidity within the network, enabling partners to expand into new markets efficiently and operate without maintaining idle funds or local licenses.
