Submission declined on 22 January 2026 by TheObsidianGriffon (talk).
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This draft is not adequately supported by reliable sources. Wikipedia's verifiability policy requires that all content be supported by reliable sources.
This draft's references do not show that the subject meets Wikipedia's criteria for inclusion for organizations and companies. The draft requires multiple published secondary sources that:
Declined by Timtrent 5 months ago.
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Comment: your references are normal corporate activities, nothing notable here. WP:ROTM 🇵🇸🇺🇦 FiddleTimtrent FaddleTalk to me 🇺🇦🇵🇸 20:06, 15 January 2026 (UTC)
Conduit (legally Conduit Technology Inc.) is a financial technology company focused on cross-border payment infrastructure for business-to-business (B2B) transactions involving fiat currencies and stablecoins, such as USDC and USDT. The company has been covered by international financial and technology publications in the context of the recent use of stablecoin-based settlement for cross-border transactions, particularly in regions characterized by complex payment corridors, including Latin America, Asia, and Africa.[1][2][3][4][5]
History
editFounded in 2021 and headquartered in Kalispell, Montana, United States, by Kirill Gertman, Mark Graves, and Andre Masse,[6] Conduit was established to develop application programming interfaces (APIs) that integrate local payment rails with blockchain-based settlement layers.
Conduit’s services include international payments, multi-currency accounts, and over-the-counter (OTC) trading capabilities for institutional clients.[7]
By 2024, Conduit had expanded its operations to regions including Mexico, Brazil, Ghana, Nigeria, and Kenya.[8][9]
Funding
editIn January 2022, Conduit raised US$17 million in a funding round led by Portage Ventures, with participation from other institutional investors.[10]
In August 2024, the company raised an additional US$6 million in a seed extension round led by Helios Digital Ventures, supporting its expansion into Africa.[11]
In May 2025, Conduit closed a US$36 million Series A round co-led by Dragonfly Capital and Altos Ventures.[12][13]
References
edit- ↑ Abuya, Kenn (June 24, 2025) “The fintech replacing banks in cross-border payments, one stablecoin at a time“ TechCabal.
- ↑ Sandor, Krisztian and Alpher, Stephen (May 28, 2025) “Conduit Raises $36M to Expand Stablecoin-Based Cross-Border Payments Beyond SWIFT” CoinDesk.
- ↑ Malar, João Pedro (September 4, 2025) “Stablecoins têm eficiência nunca antes vista, diz empresa que quer substituir o Swift” Exame.
- ↑ FXC Intelligence Report (July 17, 2025) "The state of stablecoins in cross-border payments: The 2025 industry primer"
- ↑ Tepedino, Christopher (May 28, 2025) "Conduit raises $36M for stablecoin, fiat cross-border payment network" CoinTelegraph.
- ↑ Bloomberg, Company Profile
- ↑ Kene-Okafor, Tage (January 31, 2025) "Stablecoins are finding product-market fit in emerging markets" TechCrunch.
- ↑ Albu, Sinziana (August 13, 2024) "Conduit expands in LATAM" The Paypers.
- ↑ Walk-Morris, Tatiana and Marek, Lynne (May 30, 2025) "Conduit, Palla raise cross-border capital" Payments Dive.
- ↑ Matsuda, Tom (January 13, 2022) "DeFi API startup Conduit raises $17 million from Portage Ventures" The Block.
- ↑ Kene-Okafor, Tage (August 12, 2024) "Conduit’s cross-border payments expand from LatAm into Africa with $6M round" TechCrunch.
- ↑ McGrath, Catherine (May 28, 2025) "Exclusive: Stablecoin company Conduit raises $36 million from Dragonfly Capital and Altos Ventures" Fortune Crypto.
- ↑ Emanuel-Burns, Cameron (June 2, 2025) "Stablecoin payments platform Conduit raises $36m Series" Fintech Futures.
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