U.S. Fintech Routefusion Secures $3.6 Million Through Seed Investment Round Led By Silverton Partners
February 2, 2021 @ 1:40 pm By Samantha Hurst
Routefusion, a U.S.-based fintech focused on providing the easiest and fastest way for tech companies to embed cross-border payments in their applications, announced on Tuesday it raised $3.6 million through its seed investment round, which was led by Silverton Partners with participation from Initialized Capital, NextWorld Capital and William Hockey, co-founder of Plaid.
Founded in 2018, Routefusion stated its API enables neo-banks, payroll providers, platforms, and marketplaces to begin offering cross-border payments to their customers in as quickly as two days.