Zebec Network is a real-time payment streaming protocol built originally on Solana, incorporated in the United States. The project launched in 2021 with a focus on continuous, programmable money flows – enabling payroll, subscriptions, and treasury disbursements to stream on a per-second basis rather than in periodic lump sums. The core idea: instead of waiting two weeks for a paycheck, workers receive value continuously as they earn it.
In early 2022, Zebec raised an $8.5 million seed round led by Multicoin Capital and Solana Ventures, with participation from Jump Crypto, Republic Capital, and Spartan Group, among others. The round positioned Zebec as one of the better-funded payment-layer projects in the Solana ecosystem at the time. As the protocol matured, the company expanded its product suite to include Zebec Pay (crypto payroll infrastructure for businesses) and a crypto-linked debit card product, broadening its target market beyond DeFi-native users toward enterprise treasury teams.
Public information about Zebec Network's total assets under management or a dedicated venture fund is limited. The five portfolio investments listed in public databases likely reflect strategic ecosystem investments – a common practice among protocol companies that co-invest in projects building on their infrastructure, rather than operating a formal venture fund with disclosed AUM.
Notable investments
Zebec Network's disclosed investment activity is not extensively documented in public filings or press releases. Its one lead investment and four co-investments appear to be concentrated in the Solana payments and DeFi infrastructure space, consistent with its corporate strategy of growing the ecosystem around its streaming payment rails. Specific portfolio company names have not been publicly confirmed in detail. Any attribution beyond the counts above would be speculative.
Team
- Sam Thapaliya – Co-founder and CEO. Originally from Nepal, Thapaliya studied in the United States and built Zebec after earlier work in fintech and blockchain tooling. He has been the primary public spokesperson for the project and has spoken at Solana-focused conferences on the topic of real-time finance.
- The broader founding team included engineers with backgrounds in distributed systems and financial infrastructure. Full team composition is not comprehensively disclosed in public sources.
Recent activity
Between 2023 and 2025, Zebec moved to expand beyond Solana, announcing integrations with additional Layer-1 and Layer-2 networks as part of a multi-chain strategy. The company also pursued partnerships with payroll providers and DAOs seeking on-chain salary disbursement tools. In 2024, Zebec rebranded elements of its product stack under the Zebec Network umbrella to reflect ambitions beyond a single-chain protocol.
The broader context matters: the Solana ecosystem recovered significantly after the FTX collapse in late 2022, and Zebec – like many Solana-native projects – navigated that turbulent period while continuing to ship product updates. No major security incidents or fund losses have been publicly reported in connection with the Zebec protocol as of available records.
Looking ahead, Zebec's investment thesis as a corporate entity appears tied closely to its core business: backing projects that create demand for programmable payment infrastructure. Whether the company formalizes this into a standalone fund remains unclear. Its competitive position depends heavily on Solana's continued growth and enterprise adoption of on-chain payroll – a niche that remains early-stage but is attracting increasing attention from HR technology incumbents. For verified current details, see Zebec on Crunchbase and the official Zebec Network site.