Cross-border payments platform Routefusion secures $26.5 million in Series A funding to enhance its global payout network and accelerate expansion into new markets.
Highlights:
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Routefusion raises $26.5 million in Series A funding to expand its cross-border payments infrastructure.
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The investment will help enhance payout capabilities and accelerate growth in Latin America, Asia, and Europe.
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Investors include top fintech VCs, backing Routefusion’s vision to simplify global money movement for businesses.
Summary:
Routefusion, a leading fintech platform focused on simplifying cross-border payments, has secured $26.5 million in Series A funding to accelerate its expansion and strengthen its global infrastructure.
The funding round saw participation from notable fintech investors, highlighting growing confidence in Routefusion’s mission to make international payments faster, more secure, and more accessible for businesses of all sizes.
With this new capital, Routefusion plans to enhance its global payout capabilities, improve regulatory compliance frameworks, and expand into key markets across Latin America, Asia, and Europe.
Founded with the goal of reducing the complexity of cross-border transactions, Routefusion offers businesses an API-based payment platform that connects them to multiple banks and fintech providers worldwide. This allows companies to manage international transactions seamlessly, enabling faster settlements and better transparency.
The Series A funding marks a pivotal step in Routefusion’s growth journey, positioning it as a strong contender in the global B2B payments and remittance ecosystem.
