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Cyclops

800 Boylston St. Suite 1410, Boston, MA, 02199, United States

Overview

Cyclops offers an all-in-one stablecoin platform purpose-built for payments companies, providing orchestration and full-stack integrations to enable stablecoin settlement, pay-ins, payouts and treasury optimization via a single API. The company emphasizes end-to-end integrations with leading providers across the stablecoin stack and proprietary technology layered on top to simplify payments use cases. Cyclops claims product and license redundancy in major markets, with dozens of partners and over 100 global licenses. Its founding team includes payments veterans Alex Wilson and Pat Duffy and international technology lawyer David Johnson, who shaped the company’s approach to global licensing. Operational metrics disclosed at the time of the raise include a merchant network of 300,000, 350% month-over-month volume growth, and a headcount of 31 with plans to double by year end. The company plans to use the Series A proceeds to accelerate product development, expand local teams and licensing, and scale its go-to-market efforts.

Total raised
$28M
Funding rounds
2
Latest round
Series A
Latest activity
Jul 2026

Industries

  • Information Technology
  • Internet
  • Software
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Recent funding

  1. Series A

    Jul 2026

    $20M

  2. Equity

    Mar 2026

    $8M

Team