fiat-to-crypto
(4)
Settle Network
Settle Network is a Buenos Aires-based fintech that builds the fiat-to-crypto rails Latin America runs on. Through its Latamex gateway and Stellar-based settlement infrastructure, it lets exchanges, businesses, and users convert local currencies like the Argentine peso and Brazilian real into crypto and stablecoins - and back again - in seconds. A Y Combinator S22 company backed by the Stellar Development Foundation, Settle became the on/off ramp behind global exchanges including Binance and OKX across the region.
Hata
Hata is a Malaysian dual-licensed digital asset exchange that lets people buy, sell, store and stake cryptocurrencies using local fiat. Founded in 2023 and launched in May of that year, it holds licences from both the Securities Commission Malaysia and the Labuan Financial Services Authority - a rare dual-regulated footprint that keeps customer assets custodied inside the country. Led by ex-Luno APAC general manager David Low, Hata grew to more than 209,000 registered users by the end of 2025 and closed an US$8 million Series A led by Bybit in April 2026.
TransFi
TransFi is a Dubai-headquartered payment infrastructure company that moves money across borders on stablecoin rails. Its platform lets businesses and Web3 apps collect, convert and pay out funds across fiat and stablecoins, spanning 100+ markets, 40+ currencies, 250+ local payment methods and 130+ digital assets. Founded in 2022 by former McKinsey payments partner Raj Kamal, TransFi targets high-friction emerging markets across Asia, the Middle East, Latin America and Africa, replacing slow correspondent-banking and SWIFT flows with near-instant settlement.
Triple-A
Triple-A is a Singapore-based, globally licensed payments institution that lets businesses accept and send money in stablecoins and local currencies without ever holding, converting, or managing crypto themselves. Founded by serial fintech entrepreneur Eric Barbier, it settles merchant payments in fiat (USD, EUR, and 30+ local currencies) with next-day bank settlement, handling custody, conversion, and compliance behind the scenes. It became the first digital-currency payment company licensed by the Monetary Authority of Singapore and serves merchants including Farfetch, Razer, Charles & Keith, Grab, and the Singapore Red Cross.