Cybrid Closes $3.1M Seed Round to Simplify Crypto Integration for Fintech Platforms

Cybrid Technology Inc, a B2B crypto infrastructure provider, has wrapped up a $3.1 million seed funding round led by Golden Ventures, with backing from Luge Capital and Harvest Venture Partners. The Toronto-based startup, which launched in June 2021, is on a mission to make it frictionless for fintechs, challenger banks, and payment processors to embed cryptocurrency and DeFi capabilities into their products.

Why The Market Is Hungry for This

Here’s the thing: while the crypto industry keeps growing, most traditional financial platforms treat crypto integration like it’s rocket science. The complexity of connecting to DeFi, managing custody, and building compliant crypto features has kept tons of fintech companies on the sidelines. Cybrid is flipping that script by abstracting away all the hard parts.

“Easy, developer-friendly access to crypto and DeFi is the magic ingredient for bringing these products to mainstream consumers,” said Avinash Chidambaram, Co-Founder and CEO. The startup is basically removing the engineering headache that would typically take months and cost serious resources to build in-house.

What Cybrid Actually Does

The platform lets enterprises launch crypto products in weeks rather than months. We’re talking about enabling direct-to-consumer crypto investing, DeFi savings accounts, crypto-backed rewards programs, and other next-gen financial services. The tooling includes full SDKs for iOS, Android, and web, plus pre-built UI components that teams can white-label and customize.

Since January 2022, platform registrations have been climbing steadily. New users can spin up a developer sandbox in minutes and start experimenting immediately. No months-long legal and compliance reviews required.

Why Investors Are Pumped

“Cybrid has an incredible founding team and deep engineering bench,” said Ameet Shah, General Partner at Golden Ventures. “They’re building the connective tissue between traditional finance and the future.”

Karim Gillani from Luge Capital added: “Avinash and Brent have assembled a world-class team laser-focused on unlocking crypto and DeFi for everyday people.” The $3.1M raise will fuel team expansion and accelerate product development.

The Opportunity

The trillion-dollar crypto market is still largely untapped by traditional finance. For fintechs and payment companies, crypto integration isn’t just about offering new products—it’s a retention and revenue play. Cybrid’s developer-first approach is positioned to unlock this opportunity faster than building everything from scratch.

With the new capital, expect Cybrid to expand its team and build out more enterprise features to keep pace with growing demand for embedded crypto experiences.