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KAST, a financial technology platform leveraging stablecoins, has raised $10 million in seed funding led by HSG and Peak XV Partners. The platform aims to enhance the banking experience globally, offering USD-denominated accounts and payment cards in over 150 countries, facilitating faster and cheaper transactions without relying on traditional fiat systems. Co-founders Raagulan Pathy and Daniel Bertoli emphasize the transformative potential of stablecoins in creating a new generation of neobanks that are inherently global.
KAST, a financial technology platform leveraging stablecoins, has raised $10 million in seed funding led by HSG and Peak XV Partners. With USD accounts available in over 150 countries, KAST aims to enhance cross-border transactions, offering a neobank-style experience that bypasses traditional banking limitations. The platform has seen rapid user adoption and plans to introduce savings and remittance products, capitalizing on the growing acceptance of stablecoins in global finance.
KAST, a financial technology platform leveraging stablecoins, has raised US$10 million in seed funding led by HSG and Peak XV Partners. The platform aims to enhance the banking experience globally, offering USD-denominated accounts and payment cards in over 150 countries, facilitating faster and cheaper transactions without relying on traditional fiat systems. With strong early traction, KAST is positioned to transform financial services for digital nomads and users in regions with unstable currencies.
Daniel Bertoli
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