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.

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 110th amongst 5024 active competitors, of which 492 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was BharatPe, which secured $10M in Mar, 2026.

Who are the top competitors of Bastion?

Bastion's top competitors include PayPal, Stripe and Razorpay. Among them, BharatPe secured the most recent funding round in March, 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 5024 active competitors, including 492 funded and 449 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

110^th among 5024 active competitors

Investment & Acquisitions

Dibbs

Similar Companies

PayPal & 3373 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	1883161	Seed	7347146	7056955	5748834	6292743
Sep 18, 2023	4195252	Seed	1794976	7285998	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

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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	MDP, ING & 27 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 & 120 others	87/100
3rd	Razorpay 2014, Bengaluru (India), Series F	Provider of payment gateway, business banking, payroll, and credit solutions	$742M	Peak XV Partners, GIC & 35 others	86/100
4th	PayU 2002, Amsterdam (Netherlands), Series C	Provider of payment solutions and credit products for online merchants	$35.1M	Naspers, Prosus & 4 others	84/100
5th	Xendit 2015, Jakarta (Indonesia), Series D	Online payment and money transfer platform for businesses	$533M	Accel, Tiger Global Management & 28 others	83/100
6th	BharatPe 2018, Gurugram (India), Series E	Provider of payment solutions, lending, and investment opportunities for businesses	$584M	Ribbit Capital, Coatue & 56 others	83/100
7th	Flutterwave 2016, San Francisco (United States), Series D	Provider of payment solutions for online and physical business transactions	$489M	Greycroft, Mastercard & 71 others	83/100
8th	Airwallex 2015, San Francisco (United States), Series G	Provider of multi-currency business accounts, global payments, and spend management	$1.58B	Lone Pine Capital, Tencent & 41 others	81/100
9th	Adyen 2006, Amsterdam (Netherlands), Public	Provider of end-to-end payment, data, and financial management platform solutions	$266M	Iconiq Capital, Index Ventures & 14 others	80/100
10th	Corpay 2000, Atlanta (United States), Public	Provider of payment automation and expense management software solutions	$175M	Summit Partners, Performance Equity Management ... & 9 others	78/100
110th	Bastion 2023, United States, Seed	Provider of infrastructure for enterprises and institutions to manage stablecoins	$39.6M	Nomura, Samsung NEXT & 12 others	59/100