Anyflo acquires Native, secures $1M from Mysten Labs

Anyflo, a stablecoin payments orchestration service, has acquired Native, described in some reports as a Sui-based bitcoin lending platform, and secured $1 million in funding from Mysten Labs. The deal was announced at Sui Basecamp on 8 October, marking Anyflo’s formal exit from stealth.

The acquisition appears to bring Native’s team into Anyflo, with the combined entity positioning itself to address enterprise stablecoin payment needs. Mysten Labs’ investment may reflect confidence in Anyflo’s focus on the Sui blockchain, where Native had been active. Anyflo’s emergence follows a wave of fintech startups targeting stablecoin rails—including Latitude, which raised $35 million in September to expand payment corridors in emerging markets.

Anyflo’s move contrasts with Fin.com, another payments startup that exited stealth in September with $20 million to grow its own corridors. While Fin.com’s funding was led by a Pakistani founder, Anyflo’s deal centers on Sui’s ecosystem, raising questions about whether enterprise adoption of stablecoins will favor interoperable solutions or blockchain-specific tools. Observers will watch whether Anyflo’s orchestration layer can compete with broader payment platforms like Latitude.

Sources: finextra.com