HIFI raises $37 million Series A to expand stablecoin payout and card-issuing infrastructure
Left Lane Capital led the round for the API infrastructure provider, which says it already processes more than $7 billion in annualized volume across 87 countries and will use the funding for regulatory licenses and product expansion into capital markets tooling.
HIFI, a New York-based financial technology company that provides API infrastructure for stablecoin payments and tokenized assets, announced a $37 million Series A led by Left Lane Capital.
The company builds developer-facing infrastructure that lets other businesses move money, issue cards and settle transactions using stablecoins rather than traditional card-network or correspondent-banking rails. HIFI says it currently processes more than $7 billion in annualized volume and supports payouts across 87 countries.
HIFI said it plans to use the new capital to pursue additional regulatory licenses, expand its engineering and go-to-market teams, and broaden its product suite beyond payments and card issuance into capital-markets-oriented tooling.
The round is the latest in a wave of venture funding aimed at stablecoin-adjacent payments infrastructure this year, as banks, card networks and fintech infrastructure providers race to build out rails for moving stablecoins and settling transactions denominated in them at scale. HIFI has not disclosed a valuation tied to this round or named specific jurisdictions where it is pursuing new licenses.