Cybrid Raises $10M Series A for Stablecoin and Fiat Payment Infrastructure

Cybrid announced a $10M Series A funding round led by BDC Capital's Growth Venture Fund. The company builds infrastructure that enables financial institutions to integrate stablecoin and traditional fiat payment capabilities into their existing products in a compliant manner. Cybrid's platform is designed to serve banks and large institutions seeking to offer digital asset payment services without building the underlying infrastructure themselves, positioning it squarely within the BaaS and embedded finance ecosystem.

The funding will be used to expand the platform's cross-border payment capabilities and onboard additional institutional clients globally. The raise comes amid growing interest in stablecoins as a practical payment rail, with platforms like Kotani Pay also expanding blockchain payment tools for SMEs in Africa. Cybrid's approach of combining stablecoin and fiat rails under a single compliant infrastructure layer addresses a key gap for regulated institutions entering the digital asset space.