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Stablecoin neobank issuing Visa cards that spend USDC and USDT in local currency

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Stablecoin-based neobank founded in 2023 by ex-Circle executive Raagulan Pathy and ex-Quona partner Daniel Bertoli, issuing Visa cards that convert USDC, USDT and other stablecoins into local currency at the point of sale. Raised a $10M seed (Dec 2024) led by HSG and Peak XV; an $80M Series A at a $600M valuation was reported in March 2026.

#neobank#stablecoins#visa-card#consumer#solana

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