FinTech of the Day

Zynk – Simplifying AML compliance

Dmitry Prostov

24 Nov 2025 — 1 min read

Breaking liquidity barriers in cross‑border payments.

Zynk is building a settlement network that removes the need for pre‑funding and treasury operations, letting remitters, PSPs, and neobanks move money instantly across borders. The platform supports USD, EUR, AED, INR, MXN, and uses a hybrid of fiat and stablecoins to embed liquidity into the network.

Since launching in April, Zynk has grown 70% month‑over‑month and is handling settlements for global payment companies. A $5M seed round led by Hivemind with Coinbase Ventures, Alliance, and other investors provides fuel to open new payment corridors and strengthen compliance.

CEO Prashanth Swaminathan built this after stints at Morgan Stanley and Woodstock Fund. He is joined by CTO Manish Bhatia (ex‑Amazon Pay CTO) and COO Abhishek Pitti.

In a world of fragmented banking rails, instant settlement without trapped cash is a strategic moat.

Where do you see the biggest frictions in cross‑border commerce?

#fintechoftheday #settlement

Subscribe for Fintech of the Day. We handpick one fintech startup every day. Please don’t miss the next one and receive emails when new content is published!

Coming soon

This is FinTech of the day, a brand new site by Dmitry Prostov that's just getting started. Things will be up and running here shortly, but you can subscribe in the meantime if you'd like to stay up to date and receive emails when new content

IMTC – Platform for bond investors

The separate account market (SMA) for bonds is exploding, but asset managers are stuck with spreadsheets. IMTC built a cloud‑native investment management platform for fixed income that automates portfolio and order management and enables SMAs to scale. The New York firm just raised a $12M Series A led by

Liablix – Physics-driven AI for insurance claims

Your next car crash claim could be decided by physics, not paperwork. Anyone who has been through a car accident knows the script. Photos, forms, phone calls. weeks of waiting while someone somewhere assesses what really happened. For insurers, it is slow, expensive, and full of fraud risk. For drivers,

BON Credit – Credit AI co-pilot for Gen Z

Gen Z is drowning in debt and doesn’t trust banks to help. BON Credit thinks an AI co‑pilot can fix that. The San Francisco company’s app uses a model they call CredGPT to analyse spending, predict cash flows, and coach users on how to boost their credit

Read more

Coming soon

IMTC – Platform for bond investors

Liablix – Physics-driven AI for insurance claims

BON Credit – Credit AI co-pilot for Gen Z