Conduit Technology Inc. Secures $36M Series A Funding to Revolutionize Global Cross-Border Payments

Conduit Technology Inc. is excited to announce that we have successfully raised $36,000,000 in our latest funding round, positioning us to accelerate our mission of revolutionizing global payments. At Conduit, we believe in simplifying the complexities of cross-border transactions by leveraging technology that offers faster speed, enhanced transparency, and fewer steps compared to traditional payment rails. This capital infusion will not only bolster our operational capacity but will also drive our expansion into new market segments, enhancing our innovative payments dashboard—a seamless, elegant, and intuitive solution designed for global businesses. With the funds raised, we plan to further develop our suite of financial tools that empower companies to efficiently move money worldwide, whether converting local fiat currencies in emerging markets to USD or settling cross-border invoices without the traditional requirement of a U.S. entity or bank account. This new injection of capital is a testament to the belief that businesses worldwide are ready for a more efficient, cost-effective method to conduct cross-border B2B transactions. Our early-mover advantage in this space remains a strategic asset as we continue to unlock new financial opportunities, streamline commercial operations, and foster growth. The investment underscores our commitment to delivering a better way for businesses to grow their money and optimize their cash flows without the complications of legacy payment infrastructure. We invite partners, customers, and investors to join us on this journey as we set a new standard in the evolution of global financial transactions. Get started today by exploring the power of seamless payments at conduit.fi.