Conduit

Conduit

Business currency exchange and settlement platform

Overview

Conduit Financial provides a platform for currency exchange and payment settlement for businesses. It enables funding international transfers and settling invoices in USD, delivering faster and cheaper global payments via a SaaS platform that simplifies the process. The system supports local funding options and built-in AML, sanctions screening, and transaction monitoring to ensure compliance and security. Its goal is to help businesses move money across borders quickly, with transparent pricing and reduced development effort for integration.

Significant Headcount Growth

About Conduit

Simplify's Rating
Why Conduit is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Fintech

Financial Services

Company Size

51-200

Company Stage

Series A

Total Funding

$59M

Headquarters

Montana

Founded

2021

Simplify Jobs

Simplify's Take

What believers are saying

  • Transaction volume surged 16x in 2024, exceeding $10 billion annually.
  • $36M Series A from Dragonfly, Altos Ventures fuels Asia expansion.
  • Partnerships with Tempo, Braza Group, Onafriq boost emerging markets.

What critics are saying

  • Stripe's Bridge integration captures B2B volume, erodes Conduit's clients.
  • Ripple's XRP Ledger undercuts Brazil FX swaps with 10x cheaper settlements.
  • US Stablecoin Act audits expose USDC/USDT to depegging, halting settlements.

What makes Conduit unique

  • Conduit connects stablecoins to global rails like Fedwire, SEPA, Pix, SPEI.
  • Provides on-ramp/off-ramp infrastructure for Tempo blockchain payments.
  • Integrates automatic AML, KYC, KYT compliance for B2B transactions.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$59M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$36M
Conduit

Benefits

Health Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

Stock Options

Equity

Growth & Insights and Company News

Headcount

6 month growth

16%

1 year growth

22%

2 year growth

15%
Conduit
Dec 9th, 2025
Conduit and Tempo join forces to elevate stablecoin payments

Conduit and Tempo join forces to elevate stablecoin payments. Conduit partners with Tempo to expand global payments with faster settlement and seamless stablecoin-to-traditional integration. December 9, 2025. Conduit is announcing a new partnership with Tempo, a new blockchain designed for real-world payments that combines high performance with a simple experience. Incubated by industry leaders Stripe and Paradigm, Tempo was created with the goal of enabling companies to integrate payment solutions using stablecoins with speed, reliability, and scale. Unlike other blockchains built to support a wide range of crypto-related activities such as DeFi and trading, Tempo was developed specifically for everyday payment use cases, with a strong focus on moving money quickly, at low cost, and with infrastructure designed for global-value operations. About the partnership. With this partnership, Conduit will support transactions on Tempo, expanding its network coverage and providing a standardized payments infrastructure for companies building stablecoin-based products. While Tempo offers an environment optimized for settlement, scalability, and distribution, Conduit serves as the infrastructure layer for on-ramp and off-ramp, enabling funds to move between stablecoins and fiat-backed systems in a fast and secure way. By connecting domestic payment rails to a blockchain built specifically for payments, Conduit reduce even more of the friction typically found in cross-border transactions. Everyday use cases such as fintech operations, international marketplaces, global payroll, and treasury management start to operate with the same speed and transparency as a local payment. Here is an example of how transactions flow using the Conduit and Tempo infrastructure: The combination of Tempo and Conduit adds an extra layer of trust, since its infrastructure integrates robust compliance processes (KYB, KYC, and KYT), risk management, and connections with regulated financial institutions. This broad integration with banking networks and global instant payment systems (Fedwire, SEPA, Pix, SPEI, and others) enables stablecoins to connect to the traditional financial ecosystem quickly and efficiently. Benefits this integration brings to the ecosystem. This partnership further enhances the stablecoin payment experience. Since Tempo's blockchain was designed exclusively for payments, there is no competition between different types of operations on the network, which tends to optimize settlement times and reduce transaction costs. This strengthens the reach of its infrastructure and reinforces its presence among companies seeking modern and efficient payment solutions. "We share a very similar vision with Tempo: making everyday cross-border payments more direct, predictable, and accessible. Today, many companies still rely on a fragmented and friction-heavy network to move money across countries through legacy systems. We believe this new generation of infrastructure, combining stablecoins with modern networks like Tempo, has the potential to completely transform how money moves globally." - Kirill Gertman, CEO of Conduit Be part of the new era of payments with Conduit. Conduit provides the infrastructure companies need to integrate stablecoin payments into real products, with a focus on stability, security, and compliance. With Tempo joining its ecosystem, Conduit is elevating the cross-border payment experience even further. If your company wants to operate globally with greater efficiency and predictability, its team is here to help. Contact its team and discover how to take your operations to the next level.

PYMNTS
Jun 16th, 2025
Are Closed-Loop Financial Instruments The Future Of Institutional Stablecoins?

As the world of information goes digital, the world of money is taking things a bit slower. But that doesn’t mean that things aren’t heading in the same direction.Stablecoins, which have become a buzzword du jour for the traditional financial and payments space, are one potential vector of travel. Bank of America, for example, is reportedly eying its own stablecoin, as well as the creation of a separate coin issued by a banking consortia, pending U.S. regulation. “We have this pretty well understood … but the problem before was it wasn’t clear we were allowed to do it under the banking regulations,” Bank of America CEO Brian Moynihan said at a recent conference. In another regulation-pending stablecoin move being considered, the Depository Trust Clearing Corporation (DTCC), which is responsible for the clearing and settlement of nearly all U.S

CoinDesk
Jun 12th, 2025
Conduit, Braza Group Debut Stablecoin Forex Swaps for Cross-Border Payments in Brazil

Conduit, a stablecoin-focused cross-border payments provider, said on Thursday it has teamed up with Brazil's Braza Group for real-time foreign exchange (FX) swaps between the Brazilian real and major foreign currencies using stablecoins.

Conduit
Jun 11th, 2025
Conduit Raises $36M for Stablecoin Payments

Conduit has raised $36 million in Series A funding to enhance stablecoin-powered payments in Latin America, Africa, and Asia. The round was co-led by Dragonfly and Altos Ventures, with participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures, Helios, and Portage, bringing total funding to $53 million. The funds will support expansion into five new Asian countries, increase currency and stablecoin coverage, and grow the team. Transaction volume grew 16x in 2024, exceeding $10 billion annually.

PYMNTS
Jun 9th, 2025
Openledger Invests $25 Million To Combat ‘Extractive’ Ai Economy

As CoinDesk reported Monday (Jun 9), the capital will be available via OpenCircle, a launchpad created by OpenLedger to help developers create artificial intelligence (AI)-focused protocols. The report notes that the funding is happening amid increased interaction between the blockchain and AI industries. For example, Telegram said recently it would incorporate the xAI chatbot Grok onto its messaging app, while also accepting the TON token for crypto payments

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Conduit right now.

Find jobs on Simplify and start your career today

We update Conduit's jobs every few hours, so check again soon! Browse all jobs →