Fintech startup Zynk raises $5 million from Hivemind Capital, others

Cross-border fintech infrastructure startup Zynk has raised $5 million in a funding round led by Hivemind Capital, with participation from global venture capital firms such as Alliance DAO, Coinbase Ventures, Transpose Platform, Polymorphic Capital, Tykhe Ventures, and Contribution Capital.

With this, the Hyderbad-based startup plans to expand its partnerships and strengthen its liquidity and compliance stack.

“We want to focus on distribution by expanding the country pairs we support for sending and receiving money, and re-engineer our compliance…