Routefusion secures $26.5 million in Series A funding to expand its global payments network.

dominic Avatar

Financial infrastructure provider Routefusion has recently received USD 26.5 million in Series A funding, which will be utilized to enhance its global payments network.

This investment is anticipated to drive the expansion of Routefusion’s partner ecosystem, expand its liquidity and compliance capabilities, and bolster its product, engineering, and market penetration teams.

Furthermore, these funds will be dedicated to improving platform coverage in areas such as accounts, foreign exchange (FX), and payments. Additionally, they will optimize onboarding and launch processes for Routefusion’s key customers—high-volume, cross-border payment platforms and financial institutions (FIs).

Details of the USD 26.4 million Series A funding round

The funding was primarily led by PeakSpan Capital, with support from Silverton Partners, bringing total capital to Routefusion up to USD 40.7 million. This investment will enable Routefusion to continue addressing the evolving needs of its clients and users, prioritizing regulatory compliance.

Routefusion’s global network was designed to make cross-border payments as reliable, transparent, and accessible as domestic ones by integrating fragmented payment rails, currency conversion capabilities, and compliance requirements into a single API. This allows customers to easily integrate this complex infrastructure directly into their services.

The company operates its infrastructure end-to-end, handling onboarding, compliance, and go-live support, enabling platforms to launch faster and scale more confidently. By structuring the network to withstand regulatory, political, or banking disruptions, Routefusion aims to provide continuous service for its customers and partners.

Every integration is managed in-house, ensuring Routefusion can offer access to partners, from partner validation to compliance workflows and post-launch support. This comprehensive model allows platforms to focus on their core business, avoiding the need to build or manage fragmented infrastructure themselves.

Latest Posts