When was Bastion founded?

Bastion was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Bastion located?

Bastion is headquartered in United States. It is registered at 1999 S. BASCOM AVE., SUITE 700, OFFICE 727,CAMPBELL,CA,95008.

How many employees does Bastion have?

As of Sep 30, 2026, the latest employee count at Bastion is 51.

Is Bastion a funded company?

Bastion is a funded company, having raised a total of $39.6M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 18, 2023.

When was the latest funding round of Bastion?

Bastion's latest funding was a $***** Seed round on Sep 24, 2025, with participation from 5 investors.

Where does Bastion rank among its competitors?

Bastion ranks 90th amongst 6063 active competitors, of which 513 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Flutterwave, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of Bastion?

Bastion's top competitors include PayPal, Stripe and Razorpay. Among them, Flutterwave secured the most recent funding round in July, 2026.

Bastion - 2026 Company Profile, Team, Funding & Competitors

Bastion is a seed company based in United States, founded in 2023 by Nassim Eddequiouaq. It operates as a Provider of infrastructure for enterprises and institutions to manage stablecoins. Bastion has raised $39.6M in funding from Coinbase and Andreessen Horowitz. The company has 6063 active competitors, including 513 funded and 480 that have exited. Its top competitors include companies like PayPal, Stripe and Razorpay.

Company Details

Provider of infrastructure for enterprises and institutions to manage stablecoins. The platform offers services to issue, custody, on/off-ramp, and use stablecoins. It supports stablecoin issuance, reserve and liquidity management, and compliance. The platform provides API integrations for branded custodial wallets and handles compliance, key management, and policy enforcement. It facilitates movement between fiat and stablecoin deposits and withdrawals.

Website: www.bastion.com/
Registered Address: 1999 S. BASCOM AVE., SUITE 700, OFFICE 727,CAMPBELL,CA,95008

Key Metrics

Founded Year

2023

Location

United States

Stage

Seed

Total Funding

$39.6M in 2 rounds

Latest Funding Round

Seed, Sep 24, 2025, $*****

Investors

Coinbase & 13 more

Ranked

90^th among 6063 active competitors

Employee Count

51 as on Sep 30, 2026

Investment & Acquisitions

Dibbs

Similar Companies

Flutterwave & 3781 more

View Bastion's full profile

Bastion is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Bastion Platforms US LLC CIN: 10245939 , United States, Active	Sep 17, 2023	-	-	-

Bastion has raised a total funding of $39.6M over 2 rounds. Its first funding round was on Sep 18, 2023. Its latest funding round was a Seed round on Sep 24, 2025 for $*****. 5 investors participated in its latest round. Bastion has 14 institutional investors.

Here is the list of recent funding rounds of Bastion:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 24, 2025	3366450	Seed	2133228	7418698	2671220	5841673
Sep 18, 2023	2742662	Seed	4978083	8018577	Andreessen Horowitz	Robvc & 6 more

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View details of Bastion's funding rounds and investors

The founders of Bastion is Nassim Eddequiouaq.

Here are the details of Bastion's key team members:

Nassim Eddequiouaq: Co-Founder of Bastion.

View details of Bastion's Founder profiles and Board Members

Bastion's employee count trend

Bastion has 51 employees as of Sep 26. Here is Bastion's employee count trend over the years:

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Top competitors of Bastion include PayPal, Stripe and Razorpay. Here is the list of Top 10 competitors of Bastion, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PayPal 1998, United States, Public	Provider of online payment solutions, money transfers, and virtual wallets	$216M	ING, MDP & 29 others	87/100
2nd	Stripe 2010, San Francisco (United States), Series I	Provider of financial infrastructure solutions for revenue growth and payment processing	$9.81B	General Catalyst, Sequoia Capital & 135 others	86/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment and business banking solutions for enterprises	$742M	Peak XV Partners, GIC & 35 others	85/100
4th	Flutterwave 2016, San Francisco (United States), Series E	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 73 others	83/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$554M	Accel, Amasia & 28 others	83/100
6th	Airwallex 2015, San Francisco (United States), Series H	Provider of financial infrastructure for processing payments and managing treasury	$1.9B	Lone Pine Capital, Addition & 52 others	83/100
7th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Index Ventures, Iconiq Capital & 15 others	82/100
8th	Pine Labs 1998, Noida (India), Public	Provider of in-store and online payment, prepaid, and financial solutions	$954M	Peak XV Partners, Actis & 186 others	80/100
9th	PayU 2002, Amsterdam (Netherlands), Funding Raised	Provider of online payment solutions and financial services for businesses	-	PROSPER, Gecad Ventures & 4 others	79/100
10th	Mercado Pago 2003, Buenos Aires (Argentina), Series D	Provider of online payment processing and digital financial services	$233M	Goldman Sachs, Citi & 1 others	77/100
90th	Bastion 2023, United States, Seed	Provider of infrastructure for enterprises and institutions to manage stablecoins	$39.6M	Nomura, Sony Innovation Fund & 12 others	61/100