Munify
YC S25Orlando, US · Founded 2025 · 4 employees · 8 known investors
Munify is a blockchain-powered financial platform enabling individuals and businesses to manage multiple currencies, send money instantly globally, and access stablecoin-backed virtual cards without traditional banking infrastructure. The platform serves the MENA region as an embedded finance solution for cross-border money movement and fintech operations.
Crypto & Web3FintechConsumerB2BConsumer FinanceNeobankUnited States of AmericaAmerica / CanadaFully Remote
Founders & leadership· Y Combinator alumni (S25)
Munify was founded in 2025 by Khalid Ashmawy.
KA
Khalid AshmawyinFounderKhalid Ashmawy previously founded Huspy, a Series B-backed company facilitating billions in annual transactions, and spent a decade leading engineering teams at Microsoft and Uber. He is now founder and CEO of Munify, a cross-border neobank focused on the Middle East and its diaspora.
Investors · 8
1confirmationIncline Village
Digital Currency GroupNew York
LoftyInc CapitalHouston
MyAsiaVCSeattlevia Aabhas Khanna · inferred
White Star CapitalLondon · $500K – $7M
Y CombinatorSan Francisco · $500K
Also in the syndicate · 2
BYLDDCG
Funding
SEC filings, press & company announcements$6M disclosed across 2 rounds · 2025
- $3Mseed fundingSep 2025 · 4 sources
Y Combinator (lead), BYLD, DCG, Digital Currency Group
Source ↗ - $3Mseed fundingAug 2025 · 2 sources
BYLD, DCG
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 4
by search overlap
ValidiFI7 shared keywordsValidiFI provides alternative data and predictive analytics solutions to financial institutions, fintechs, and payment companies for fraud reduction, risk management, and lending decisions. The company uses non-permissioned and permissioned data to deliver insights across account, payment, and lending lifecycles.
Knowify7 shared keywordsKnowify offers a project and financial management platform for trade contractors and subcontractors, with tools for job costing, AIA billing, WIP reporting, and integration with QuickBooks Online. It targets small and medium construction businesses looking to manage projects, teams, and finances in one place.
Fixify6 shared keywordsFixify provides an AI-assisted IT service desk that integrates with a customer's existing ticketing and productivity tools to automate routine support tasks, backed by a human team that handles designated issue categories. It targets organizations looking to offload help desk and IT support work.
Uniify5 shared keywordsUniify builds digital customer onboarding software for financial companies, aiming to reduce risk and simplify the onboarding process. The product targets the compliance and customer-journey needs of businesses in the financial sector.
Companies competing with Munify for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Munify do?
- Munify is a blockchain-powered financial platform enabling individuals and businesses to manage multiple currencies, send money instantly globally, and access stablecoin-backed virtual cards without traditional banking infrastructure. The platform serves the MENA region as an embedded finance solution for cross-border money movement and fintech operations.
- Who founded Munify?
- Munify was founded by Khalid Ashmawy in 2025.
- Who are Munify's investors?
- Munify's investors include 1confirmation, Digital Currency Group, LoftyInc Capital, MyAsiaVC, White Star Capital, Y Combinator.
- How much funding has Munify raised?
- Munify has disclosed $6M raised across 2 rounds.
- Where is Munify headquartered?
- Munify is headquartered in Orlando, US.