COMPANY detail

CONDUIT
Anymoney. Anytime. Anywhere

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CONDUIT
Company Overview.
Year Founded 2021
Status Private
Specialties Payment Infra, Onramp/Offramp
Company Size 51-200 Employees
Industry Financial Services
Location USA
Description.

Conduit is a next-generation payment network for businesses that move money across borders. Founded in 2021 and headquartered in Montana with a remote-first global presence, the company has raised $59M in funding across 3 rounds, including a $30M Series A in April 2025 backed by Dragonfly, Altos Ventures, and other top-tier investors. Conduit empowers companies to seamlessly transact in and out of stablecoins and local fiat currencies, between a wide range of networks and domestic payment rails, with deep connectivity across Latin America, Africa, and Asia.

By integrating with Conduit's cross-border operating system, payment service providers, fintechs and neobanks can provide stablecoin-assisted global payments for their customers. The platform offers virtual accounts in USD, EUR, and GBP, API-based integration for multicurrency account management, and access to local payment rails including SWIFT, SEPA, Fedwire, SPEI, Pix, and RTP. Conduit handles the complexity of stablecoin-to-fiat conversion internally, allowing clients to send and receive payments without managing crypto assets directly. The company is registered with FINTRAC in Canada and FInCEN as an MSB in Montana, USA.

Key Infrastructure.
Conduit Link (API) Embedded API for integrating multicurrency accounts, global payments, and FX directly into products
FX Exchange Built-in currency conversion between fiat and stablecoins
Virtual Accounts Named virtual accounts in USD, EUR, GBP plus stablecoin wallets
Global Payouts Send via SWIFT, SEPA, Fedwire, Fednow, SPEI, Pix, RTP, RTGS
Stablecoin Settlement USDC/USDT-powered cross-border payments for instant settlement
Receive Payments Named pay-ins to addressable bank accounts and IBANs
Additional Features.
Near-instant Settlement
Payment settlement in 5 minutes vs 48 hours traditional
Local Support
Dedicated local support team across markets
Competitive FX Rates
Mid-market rate for currency conversion
Deep Liquidity
High-volume, high-velocity payments network
Multi-currency Support
Dozens of currencies across fiat and stablecoins
Use Cases
Accounts payable, global cashflow, remote payroll

GENERAL Questions.

What does this company do?
Conduit provides B2B cross-border payment infrastructure allowing businesses to send/receive payments using stablecoins (USDC, USDT) or fiat currencies. Their API enables fintechs and payment service providers to embed multicurrency accounts and global payments into their products.
Who are their main clients?
Payment service providers, fintechs, neobanks, and enterprises that need cross-border payment capabilities. Notable clients include Yuno, Onafriq, and Mercado Bitcoin.
Are they licensed?
Yes - registered with FINTRAC (Canada) and FInCEN as MSB in Montana, USA. Not a bank but partners with licensed financial institutions for payment services.
What blockchains/stablecoins supported?
USDC and USDT on multiple chains. Platform handles stablecoin-to-fiat conversion internally, abstracting crypto complexity from end users.