When was KAST founded?

KAST was founded in 2024 and raised its 1st funding round within a year of its incorporation.

Where is KAST located?

KAST is headquartered in Mutsamudu, Comoros.

Who is the current CEO of KAST?

Raagulan Pathy of KAST. They have also founded 1 company.

How many employees does KAST have?

As of May 31, 2026, the latest employee count at KAST is 168.

Is KAST a funded company?

KAST is a funded company, having raised a total of $90M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 12, 2024.

When was the latest funding round of KAST?

KAST's latest funding was a $***** Series A round on Mar 09, 2026, with participation from 5 investors.

Where does KAST rank among its competitors?

KAST ranks 3rd amongst 320 active competitors, of which 72 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was JPYC, which secured $31.4M in May, 2026.

Who are the top competitors of KAST?

KAST's top competitors include Circle, Terra and Celo. Among them, JPYC secured the most recent funding round in May, 2026.

KAST - 2026 Company Profile, Team, Funding & Competitors

Company Details

App-based platform offering stablecoins. It enables users to receive and spend money, stablecoins, or cryptocurrency globally. The company lets consumers hold and spend stablecoins through traditional payment avenues and also issues credit card that work with standard merchant networks.

Website: www.kast.xyz/
Social
Email ID: *****@kastcard.com

Key Metrics

Founded Year

2024

Location

Mutsamudu, Comoros

Stage

Series A

Total Funding

$90M in 2 rounds

Latest Funding Round

Series A, Mar 09, 2026, $*****

Investors

QED Investors & 4 more

Ranked

3^rd among 320 active competitors

Employee Count

168 as on May 31, 2026

Similar Companies

Circle & 534 more

View KAST's full profile

KAST has raised a total funding of $90M over 2 rounds. Its first funding round was on Dec 12, 2024. Its latest funding round was a Series A round on Mar 09, 2026 for $*****. 5 investors participated in its latest round. KAST has 5 institutional investors.

Here is the list of recent funding rounds of KAST:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 09, 2026	7823055	Series A	9361979	6934585	4326121	9257306
Dec 12, 2024	6978447	Seed	1442963	5502822	HSG	Peak XV Partners

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View details of KAST's funding rounds and investors

The founders of KAST are Daniel B and Raagulan Pathy. Raagulan Pathy is the CEO of KAST.

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

Daniel B: Co-Founder of KAST.
Raagulan Pathy: Co-Founder & CEO of KAST.
Contact Info: 1 phone number

View details of KAST's Founder profiles and Board Members

KAST's employee count trend

KAST has 168 employees as of May 26. Here is KAST's employee count trend over the years:

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Top competitors of KAST include Circle, Terra and Celo. Here is the list of Top 10 competitors of KAST, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Circle 2013, Boston (United States), Public	Cross-border payment solution for businesses focusing on cryptocurrency	$1.51B	Fidelity Investments, Marshall Wace & 55 others	89/100
2nd	Terra 2018, Singapore (Singapore), Series B	Blockchain network for payments	$125M	Huobi, Binance Labs & 42 others	76/100
3rd	KAST 2024, Mutsamudu (Comoros), Series A	App-based platform offering stablecoins	$90M	QED Investors, DST Global & 3 others	75/100
4th	Celo 2011, San Francisco (United States), Acquired	Blockchain-based stable coins for social payments and money transfers	$65M	Andreessen Horowitz, Polychain & 52 others	71/100
5th	StableCorp 2019, Toronto (Canada), Series A	Decentralized stable coin used for enabling B2B payments	$8.51M	FTP Ventures, Genesis & 11 others	59/100
6th	JPYC 2019, Chiyoda City (Japan), Series B	Prepaid Japanese Yen Stablecoin made on public blockchain	$67.5M	Headline, Ds Hd & 17 others	57/100
7th	TrustToken 2017, San Francisco (United States), Series A	Decentralized platform for physical asset tokenization	$32.5M	BlockTower, StartX & 29 others	57/100
8th	MakerDAO 2014, San Francisco (United States), Series A	Stable coin based on Ethereum blockchain	$63M	Andreessen Horowitz, Transform Capital & 25 others	56/100
9th	1Money 2024, Bermuda, Seed	Provider of a stablecoin payments network	$20M	F-Prime Capital, Ethereal Ventures & 26 others	56/100
10th	Schuman Financial 2024, Paris (France), Seed	Developer of infrastructure for on-chain finance	$7.36M	RockawayX, Bankless Ventures & 5 others	44/100