Routefusion

Routefusion is a fintech startup founded in 2018 and headquartered in the United States. The company's slogan "We help companies expand their products & services by using our APIs to simplify cross-border payments & compliance." succinctly encapsulates the business's core mission.

Routefusion aims to revolutionize international payments and compliance, simplifying the process for companies looking to expand their operations globally. By leveraging its APIs, the company empowers a diverse range of businesses, including eCommerce sites, platform companies, marketplaces, and payroll services, to offer a myriad of payment options, ultimately facilitating business growth and enhancing customer experience.

The startup recently received a significant boost with a $10.50M Seed Round investment on 19 January 2022. This financial injection came from a consortium of esteemed investors, including Silverton Partners, Initialized Capital, Canvas Ventures, Haymaker Ventures, Sherwin Gandhi, and Aldrin Clement.

Routefusion's innovative approach to streamlining cross-border payments and compliance, coupled with the substantial Seed Round investment and the backing of notable venture capital firms, positions the company as a promising player in the competitive finance and payments sector.