FN

Fun

Backed byAndreessen Horowitz cryptoVariant Fund
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Fun provides the infrastructure for global stablecoin payments — an API that lets fintechs send money anywhere in the world in seconds at near-zero cost, without correspondent banks or SWIFT delays. Built on regulated stablecoin rails.

Location
New York, USA
Raised
$72M
Stage
Series A
Founded
2021
Category
Fintech
Funding
VC-backed
Team
10-50

Funding figures as of Jul 2025 · not independently verified

Founders of Fun

  • Sihao Lu

Investors backing Fun

  • Andreessen Horowitz crypto
  • Variant Fund

Frequently asked questions

What does Fun do?

Fun provides the infrastructure for global stablecoin payments — an API that lets fintechs send money anywhere in the world in seconds at near-zero cost, without correspondent banks or SWIFT delays. Built on regulated stablecoin rails.

Where is Fun based?

Fun is based in New York, USA.

When was Fun founded?

Fun was founded in 2021.

How much has Fun raised?

Fun has raised $72M in their Series A round as of Jul 2025.

Who founded Fun?

Fun was founded by Sihao Lu.

Who has invested in Fun?

Fun is backed by Andreessen Horowitz crypto, Variant Fund.

How Fun would pitch themselves

○ Auto-generated
01Target customer

Modern fintechs — the core audience Fun's product is built around.

02Problem they solve

Fun provides the infrastructure for global stablecoin payments — an API that lets fintechs send money anywhere in the world in seconds at near-zero cost, without correspondent banks or SWIFT delays. Built on regulated s… The category has historically been served by tools that miss the modern workflow this product is built around.

03Key differentiator

Fun differentiates on global stablecoin payments for modern fintechs. Backed by Andreessen Horowitz crypto + Variant Fund, $72M raised — the company has resources + validation to compound this thesis. Founded by Sihao Lu.

04Go-to-market strategy

Series-A scaling stage — building outbound sales motion, hiring first AEs, layering on customer success. Mix of PLG (where the product allows) + direct sales for higher-ACV deals.

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