India, Nov. 4 -- Fintech startup Zynk has bagged $5 Mn (about INR 44 Cr) in its seed funding round led by Web3 and blockchain focussed investment firm Hivemind Capital. The round also saw participation from investors like Coinbase Ventures, Transpose Platform VC, Polymorphic Capital, Tykhe Ventures, among others.

Founded in April 2025 by ex-Woodstock Fund venture partner Prashanth Swaminathan, ex-Amazon Pay India CTO Manish Bhatia and IBC Media cofounder Abhishek Pitti, Zynk is a fintech startup that helps global payment companies make instant cross-border settlements. It charges a certain fee on either the transaction or the liquidity that is in usage, Swaminathan said.

The company plans to use the new funding to grow its international...