Lithuanian startup Kashimi raises $1.36M to scale payment infrastructure and expand globally

On By admin

Lithuanian startup Kashimi raises $1.36M to scale payment infrastructure and expand globally

Kashimi, a Vilnius-based startup which develops alternative payment infrastructure for regulated and licensed financial institutions globally, has raised $1.36 million in pre-seed funding to expand its alternative payment infrastructure for licensed financial institutions. The round was co-led by Coinvest Capital and Impellent Ventures, joined by Plug and Play Tech Center and several international angel investors.

About Kashimi

  • Kashimi provides fintechs and financial institutions with secure, scalable payment infrastructure through a single, unified open banking API. 

  • The platform simplifies integrations with hundreds of banks across regions, adapts automatically to API changes, ensures regulatory compliance, and accelerates time to market. 

  • According to the company, with real-time monitoring, analytics, and enterprise-grade reliability, Kashimi helps companies launch and scale payment services efficiently.

“Kashimi payment initiation infrastructure stands out for its convenience and completeness. This segment is gaining momentum in the U.S., and Kashimi has a great opportunity to ride the wave of growth. We are happy to have experienced US investors joining the round,” says Viktorija Trimbel, CEO of Coinvest Capital.

Investment details

The round was co-led by Coinvest Capital and Impellent Ventures, joined by Plug and Play Tech Center and several international angel investors. Coinvest Capital share in this investment totals $749,984.

  • Coinvest Capital is an early-stage venture capital fund established by Lithuania’s national development institution, Investicijų ir Verslo Garantijos (INVEGA). The fund invests public capital entrusted by the EU and the Republic of Lithuania. 

  • Its recent portfolio includes Commody, Airvolve and Pixevia.

  • Impellent Ventures, a US-based VC fund, provides startups in investment for pre-seed, seed, and series A

Kashimi will use investment to expand into European, UK, and U.S. markets, scale its payment infrastructure, and participate in Plug and Play’s 6-week GOAL program in Silicon Valley, gaining workshops, expert guidance, and opportunities to connect with potential partners.

Read more: Lithuanian deeptech GREÏ raised €650K in pre-seed funding to expand AI-powered platform for operational intelligence

Powered by WPeMatico

https://en.ain.ua/2025/09/10/kashimi-raises-136m/