Friday
May 30
2025

Conduit Raises $36 Million to Promote Cross-Border Stablecoin Payments

Stablecoin-focused cross-border payments platform Conduit says it has raised $36 million in new funding.

The company’s Series A round, announced Wednesday (May 28), included participation from the venture investment arm of Circle, issuer of the USDC stablecoin. Conduit said the funding will help it expand into new markets.

Photo courtesy of Priscilla Du Preez.

Source: PYMNTS (link opens in a new window)

Categories
Finance, Technology
Tags
blockchain, cryptocurrency, financial inclusion, fintech, remittances