Conduit
Provides with a branded and customized mobile app, valuable business insights, and a wide range of personalized loyalty programs.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 | round | |
N/A | Merger | ||
| Total Funding | 000k | ||
Related Content
Conduit is a fintech company that has developed a platform to streamline international money movement using blockchain technology and stablecoins. The company aims to provide a faster, more transparent, and less expensive alternative to traditional cross-border payment rails like SWIFT.
Conduit's core service allows businesses to send and receive payments globally by converting funds into stablecoins, which are cryptocurrencies pegged to stable assets like the US dollar. This process bypasses the complexities and fees associated with correspondent banking networks. The platform is designed for businesses of all sizes that conduct international trade and require efficient treasury management.
By leveraging blockchain, Conduit offers real-time tracking and visibility of transactions, reducing the uncertainty and delays common in the traditional system. The company has raised significant venture capital to expand its operations and infrastructure. Its business model is based on transaction fees, which are lower than those of conventional international payment providers.
Keywords: cross-border payments, stablecoins, blockchain, fintech, international trade, treasury management, payment rails, B2B payments, financial technology, digital assets
