Startup profile

Fun

Series ANew York, NY, United States$72M raised

Open roles395
Total raised$72M
Team size11-50
Founded · Stage2022 · Series A

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About the company

What they build and who they serve.

Fun is a New York-based payments infrastructure company that builds unified deposit, withdrawal, and settlement rails spanning fiat currencies and digital assets. Its API-first money layer powers high-volume consumer platforms including Polymarket, Lighter, and Aave, processing over $18 billion in annual transaction volume across more than 100 countries. Founded in 2022 by Stanford dropout Alex Fine, the company positions itself as a neutral bridge between banks, stablecoins, and onchain markets for fintechs adopting tokenized money.

Team & contacts

Key people at the company—reach out on LinkedIn or email.

Why it matters

Signals from funding, traction, and product direction.

  • Processes more than $18 billion in annual payments volume across its network.
  • Powers deposit and withdrawal infrastructure for prediction market Polymarket, crypto derivatives platform Lighter, and DeFi lending app Aave.
  • Series A closed in late January 2026 and follows a previously unannounced $3.9M seed round raised in 2022.
  • Founded in 2022 by 26-year-old Stanford dropout Alex Fine; serves more than 20 clients with a team of nearly 30 employees.
  • Reports a 99.999% transaction success rate and supports users across more than 100 countries.

Funding history

Rounds and investors over time, newest first.

  1. Series A

    $72M
    SignalFire · LeadMulticoin Capital · LeadInfinity VenturesPharsalus CapitalJustin Mateen

In the news

Press, announcements, and coverage about this company.

Investors

SignalFireMulticoin CapitalInfinity VenturesPharsalus CapitalJustin Mateen

Focus areas

API-firstSeries AFintechPayments
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