Wind, a Singapore-based fintech startup simplifying global payments, has closed US$3.8Mn in pre-seed funding led by Global Founders Capital and Spartan Group with participation from Saison Capital, Alumni Ventures, and TinyVC. The company enables businesses and individuals to open free USD accounts, receive payments, earn yields on USD, and withdraw to banks and e-wallets. In the process, it streamlines transactions for freelancers, remote teams, and businesses, emphasizing efficiency and cost-effectiveness from anywhere in the world. 

Since launch, Wind has achieved an annualized Gross Transaction Volume (GTV) exceeding US$3 million.

Wind distinguishes itself through its non-custodial wallet, allowing users to manage their assets without the firm holding customer funds. Founded by Hussain Elius and Ahmed Fahad, both of whom previously co-founded Pathao, the largest consumer tech platform in Bangladesh and Nepal, Wind’s team also includes blockchain engineer Arman Bhuiyan and business development expert Simo Figuigui.

CEO Hussain Elius expressed optimism about Wind's future, stating, “This funding marks a significant milestone for Wind. We are excited to continue our mission of simplifying cross-border payments and expanding our global reach.”

While Wind currently focuses on Southeast Asian markets, particularly the Philippines, its user base extends to Nigeria, Cambodia, Estonia, and other locations. In 2024, Wind plans to achieve steady user growth in existing markets and broaden its networks, scaling the countries where customers can send and receive funds.