Zynk Secures 5 Million to Redefine Global Payments
Zynk Labs has raised 5 million in a seed funding round. The company said it will use the new capital to expand its payment corridors and strengthen its liquidity infrastructure.
The round was led by Hivemind Capital. Other participants included Coinbase Ventures, Alliance DAO, Transpose Platform VC, Polymorphic, Tykhe Ventures, and Contribution Capital.
Zynk is building what it calls the financial pipes for instant global payments. Its goal is to remove the need for prefunded accounts and unlock trapped capital in cross-border transactions.