Stablecoin cross-border remittance company Fin completes $17 million financing

Jinse Finance reported that stablecoin cross-border remittance company Fin has completed a $17 million financing round, led by Pantera Capital, with participation from Sequoia and Samsung Next. The company has not yet disclosed the valuation information for this round. It is reported that the application developed by the company enables instant cross-border remittances, including large-value transfers, aiming to solve remittance challenges for users around the world.