Infinia, a Uruguayan financial infrastructure startup, raised a $13.5M Series A round led by Bain Capital and Variant Fund. Y Combinator, Lattice, Varrock, Reverie, Decacorn, G2, and Tekton Ventures also participated.
Founded in 2023, Infinia enables businesses to move money between traditional payment systems and stablecoin networks. Its platform connects payment rails such as Brazil’s Pix and Mexico’s SPEI while managing regulatory requirements across multiple markets.
The company will use the funding to secure additional regulatory licenses and expand across Latin America, Africa, and Asia.
Infinia has a team of 20 employees and serves customers including Stripe Bridge, OpenFX, Kast, and Despegar. The company was founded by Ianai Urwicz, a member of dLocal’s founding team, and Alejandro Rettig, who has more than 25 years of experience in telecommunications and financial systems. Both founders participated in Y Combinator’s Winter 2023 batch.
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