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About Routefusion
Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Seed
Total Funding
$14.2M
Headquarters
Austin, Texas
Founded
2018
Overview
Routefusion focuses on simplifying international payments and compliance for businesses around the world. It offers API solutions that allow eCommerce sites, platform companies, marketplaces, and payroll services to easily integrate various payment options. This integration helps businesses grow by making cross-border transactions easier for their customers. Routefusion caters to a wide range of clients, from small businesses to large enterprises, providing them with the necessary tools to operate internationally. The company stands out by offering API-based solutions that not only streamline payment processes but also ensure compliance with different regulations. Its revenue model is based on subscription fees and transaction charges, which supports its growth and sustainability.
Simplify's Take
What believers are saying
- Embedded finance trend aligns with Routefusion's API-based solutions.
- Rise of neo-banks increases demand for Routefusion's cross-border payment solutions.
- Global e-commerce growth boosts need for Routefusion's international payment services.
What critics are saying
- Emerging fintech startups pose competition to Routefusion's market share.
- Regulatory scrutiny may increase operational costs for Routefusion.
- Cybersecurity threats could compromise Routefusion's platform integrity.
What makes Routefusion unique
- Routefusion offers API solutions for international payments in over 130 countries.
- Their platform enables quick integration of cross-border payments for various businesses.
- Routefusion's business model includes subscription fees and transaction-based charges.
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Funding
Total Funding
$14.2M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Hybrid Work Options
Remote Work Options
Growth & Insights and Company News
6 month growth
↓ -8%1 year growth
↑ 0%2 year growth
↓ -8%Routefusion, an Austin TX-based fintech company, raised $10.5M in Seed funding.
Routefusion, an Austin TX-based company focused on fintech solution, raised $10.5M in Seed funding
Routefusion, the most comprehensive fintech solution for unlocking global expansion, today announces their $10.5 million Seed Prime Funding Round co-led by Canvas Ventures and Silverton Partners with participation from Haymaker Ventures, Initialized Capital, Sherwin Gandi (co-founder of Jeeves), and Aldrin Clement (co-founder of Novel Bank).
Routefusion, a cross-border payments fintech for other businesses, raised $3.6M in seed funding led by Silverton Partners.
Routefusion, a U.S.-based fintech focused on providing the easiest and fastest way for tech companies to embed cross-border payments in their applications, announced on Tuesday it raised $3.6 million through its seed investment round, which was led by Silverton Partners with participation from Initialized Capital, NextWorld Capital and William... Read More
Routefusion is Hiring for 1 Jobs on Simplify!
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Software Engineering
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About Routefusion
Industries
Fintech
Financial Services
Company Size
11-50
Company Stage
Seed
Total Funding
$14.2M
Headquarters
Austin, Texas
Founded
2018
Routefusion is Hiring for 1 Jobs on Simplify!
Find jobs on Simplify and start your career today
Software Engineering
1 Open Roles
People Also Viewed
Discover companies similar to Routefusion