Premium Drop1 Startup · $13.5M · Stablecoin-to-Fiat Infrastructure
1 startup with founder intel, hiring signals, and outreach playbooks.
Infinia
infinia.xyz · Montevideo · compliance-first rails connecting stablecoins to local payment networks like Pix and SPEI across emerging markets
What they're building
Infinia is the last-mile plumbing between stablecoins and local money. Enterprises increasingly settle cross-border commerce in stablecoins for 24/7 speed, but those digital dollars remain structurally cut off from domestic fiat networks like Brazil's Pix or Mexico's SPEI. Infinia builds the technical and regulatory pipes that connect the two: compliance-first architecture that absorbs fragmented local KYC/KYB requirements and regional banking complexity while enabling automated multi-currency settlement and continuous real-time treasury netting. Despite a team of roughly 20, its rails already serve serious names — Stripe/Bridge, OpenFX, Kast, and Despegar — and the company was selected for Mastercard's Start Path startup program for account-to-account payments.
Why this matters
The stablecoin conversation has moved from speculation to settlement, and the bottleneck is exactly where Infinia sits: Bain Capital Crypto's partner argues people underestimate the difficulty of the last mile — truly connecting on-chain and local fiat networks in emerging markets — and that Infinia's rigorous engineering and compliance work is making it the default infra provider for companies going global from day one. The founder pedigree fits the problem: CEO Ianai Urwicz was on the founding team at dLocal (NASDAQ: DLO), the definitive emerging-markets payments success story, where per YC he helped grow revenue from zero to $100M ARR; CTO Alejandro Rettig brings 25 years of telecom and financial-systems engineering deployed across Latin America, Africa, and Asia. YC W23, selected from 20,000+ applicants. Stripe's $1.1B Bridge acquisition set the comp for this category — Infinia is running the same play in harder markets.