KAST Raises $80M Series A
KAST raises an $80M Series A round co-led by QED Investors and Left Lane Capital to expand its stablecoin-powered financial platform and product offerings.
KAST Raises $80M Series A
KAST, a stablecoin-powered financial platform, has announced the launch of USD stablecoin cashback for cardholders. This move follows the company's $80 million Series A funding round.
Investors
This funding round was co-led by QED Investors and Left Lane Capital.
KAST Use of Funds
The cashback launch is part of a wider product expansion planned for 2026. KAST also intends to introduce savings products, credit offerings, and KAST Business later in the year.
About KAST
KAST is a stablecoin-powered financial platform that offers USD stablecoin cashback for cardholders, moving away from traditional point-based reward structures towards direct, spendable value on every transaction. The company was founded by CEO Raagulan Pathy.
Funding Details
Company: KAST
Raised: $80M
Round: Series A
Funding Date: April 2026
Lead Investor: QED Investors, Left Lane Capital
Software Category: FinTech
Company Website: https://kast.xyz
Source: https://fintech.global/2026/05/06/kast-launches-stablecoin-cashback-for-card-users/
