KAST Raises $80M Series A

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.

This funding round was co-led by QED Investors and Left Lane Capital.

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.

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