HIFI Raises $37M for Tokenized Money Infrastructure

HIFI has raised a $37M Series A led by Left Lane Capital to expand infrastructure that connects stablecoins, bank rails, payment networks, programmable controls, compliance, and settlement. Returning investor Antler says Tether also participated, and Left Lane Managing Partner Matt Miller is joining HIFI’s board.

The New York fintech says its platform now processes more than $7B annually across 87 countries. Companies building on HIFI have onboarded more than 10,000 businesses and 200,000 individuals, while usage among existing customers grew more than 4x during the past 6 months. The round will fund regulatory licensing, hiring, and an expansion from stablecoin payments into cards and tokenized capital markets.

What HIFI Is Building

Co-founders Zach Walsh, CEO, and Mohamed “Mo” Afifi, COO, started HIFI in 2022. The company gives developers one integration for moving, converting, routing, and programming value across stablecoins and conventional financial systems, with identity, compliance, transaction monitoring, and settlement controls built into the workflow.

That matters because stablecoin products still have to touch ordinary financial infrastructure. A global payout may begin as a digital dollar, but the recipient expects local currency in a bank account or on a card. A tokenized security may trade onchain, but buyers and sellers still need the cash leg, custody, controls, and final settlement to arrive together.

HIFI is positioning itself as the orchestration layer across those handoffs. Its API supports inflows, programmable controls, workflows, and outflows while connecting stablecoins to ACH, RTP, SWIFT, local bank rails, and payment networks. The company is a financial technology provider rather than a bank; banking and payment services are provided through partners, including Cross River Bank in the United States.

Why the Series A Matters

The investment is arriving as stablecoins move from crypto-market inventory into operating infrastructure for remittance, payroll, treasury, marketplace payouts, and institutional settlement. The Block reported that dollar-pegged stablecoin supply exceeded $295B when HIFI announced the round.

For HIFI, the market opportunity is wider than moving stablecoins between wallets. The company argues that payments, card spending, and capital-market settlement are versions of the same event: value moves and settles between parties. Its commercial wager is that developers and financial institutions will prefer one controlled layer over separate stacks for each use case.

The numbers remain company-reported, but they show the operating scale investors are underwriting. HIFI says annual processed volume has moved above $7B, up from the more than $6B annualized volume that Circle documented in March 2026. Circle also reported that HIFI had processed more than $100M through Circle Payments Network and more than $500M in USDC across remittance, payroll, marketplace, and business-to-business flows at that time.

From Payments to Tokenized Markets

HIFI has already tested its infrastructure inside capital-market workflows. In July 2026, DTCC included HIFI among the firms participating in production trades using DTC-tokenized assets. The transactions covered collateral pledges, securities lending, Treasury and repo delivery-versus-payment trades, equity trades, token transfers, and clearing-margin workflows.

HIFI also supported a live tokenized repo transaction on the Canton Network between DRW and Marex, with Tradeweb providing the request-for-quote process and USDCx serving as the cash leg. The significance is operational: tokenized cash and tokenized securities can settle together rather than leaving one party exposed while institutions reconcile separate movements.

The company is extending the same thesis into cards. HIFI says developers can pair its stablecoin settlement layer with Visa Direct, including stablecoin-funded push-to-card payouts to eligible Visa cards. Visa reported in September that more than 160 stablecoin-linked card programs were live globally and stablecoin settlement volume on its network had surpassed a $20B annualized run rate.

What the Capital Will Fund

HIFI plans to use the Series A in three areas. First, it intends to obtain additional regulatory licenses so more of the operating stack can run directly under HIFI. Second, it will expand its team in New York and selected international markets. Third, it will move deeper into card products and tokenized capital markets, especially around custody and control.

Those priorities expose the harder side of programmable money. Every new corridor adds local rules, banking relationships, liquidity, sanctions screening, identity checks, reporting obligations, and exceptions. Every capital-market workflow adds requirements around asset control, privacy, counterparty risk, and settlement finality.

Left Lane is financing HIFI’s attempt to turn that complexity into developer infrastructure. Antler, which says it first backed Walsh and Afifi at the pre-seed stage in May 2023, is returning as the company expands beyond payments. HIFI did not disclose its valuation, and the public sources reviewed do not provide a complete, authoritative list of every participant in the Series A.

What Comes Next

The next test is whether HIFI can scale without making the underlying controls invisible to the people responsible for them. A single API can simplify the developer experience, but financial institutions still have to understand who holds funds, who screens transactions, how exceptions are resolved, and which entity carries each regulatory obligation.

HIFI enters that test with meaningful reported volume, institutional transaction experience, and product distribution across payments, cards, and tokenized assets. The Series A gives the company room to acquire licenses, add talent, and broaden the platform. Each expansion also increases the number of jurisdictions, counterparties, and settlement conditions that must work while markets are open, banks are closed, and software still expects an answer.