Cybrid Raises USD 10m in Series A Funding Round to Accelerate Stablecoin Adoption
US-based Cybrid, a platform for compliant stablecoins and fiat payment infrastructure, has secured a USD 10m series A funding round led by the Growth Venture Fund at BDC Capital, underscoring the growing demand for stablecoins in the financial sector. This latest funding will enable Cybrid to further develop its API-first platform, which has already seen rapid growth and adoption by financial institutions, fintechs, and companies in the US and Canada.
Key Takeaways:
- Cybrid has raised a USD 10m series A funding round led by the Growth Venture Fund at BDC Capital, with participation from Golden Ventures, Luge Capital, and Panache Ventures.
- The funding will accelerate Cybrid's mission to drive stablecoins as the preferred choice for financial institutions, cross-border remittances, and B2B payments.
- Cybrid's platform has grown rapidly, helping financial institutions, fintechs, and companies integrate stablecoin infrastructure and launch end-to-end cross-border payment solutions to over 150+ countries at up to 90% lower cost.
- The company has experienced 5x growth over the past 12 months, with stablecoin payment volume more than doubling year-over-year, reaching USD 5.7tn or 25% of card network volume.
- Cybrid's senior leadership team includes experienced professionals from top companies such as ApplePay, Interac, BlackBerry, and Coinbase.
- The company aims to address the high international transaction fees, slow settlements, regulatory hurdles, fragmented systems, and difficulty scaling across regions faced by cross-border remittance companies, B2B payment providers, and financial institutions.
Statistics:
- USD 10m: The amount raised in the series A funding round.
- 5x: The growth rate of Cybrid over the past 12 months.
- GBP 5.7tn: The stablecoin payment volume, representing 25% of card network volume.
- 150+: The number of countries that Cybrid's end-to-end cross-border payment solutions can be used in.
- 90%: The potential cost reduction of using Cybrid's platform for cross-border payments.
Sources:
- M2 EQUITYBITES-October 27, 2025-Cybrid Raises USD 10m in Series A Funding Round