Conduit Pay raised $36 million in a Series A round to expand its crypto-native banking services, co-led by Dragonfly and Sound Ventures.

May 31, 2025•7 months ago

Amount Raised

$36 Million

KalispellFintechFinance

Investors

Sound VenturesRibbit CapitalDragonfly

Description

Conduit Pay secured $36 million in a Series A round to scale global stablecoin payments, backed by investors such as Dragonfly, Ribbit Capital, and Sound Ventures. This funding highlight showcases investor confidence in the crypto sector despite market fluctuations. The investment signifies a generational change in how money moves. Conduit aims to enhance Bitcoin adoption through its services.

Company Information

Company

Conduit

Location

Kalispell, Montana, United States

About

Conduit is a next-generation payment network for businesses that move money across borders. We provide fast, reliable global payments by combining instant local payment rails with the efficiency of stablecoins. With a single API, Conduit connects banks, local payment rails, and blockchains to create a resilient network spanning key markets worldwide — including deep connectivity across Latin America, Africa and Asia.

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