Conduit Secures $36 Million Funding to Revolutionize Global Payments

Boston-based fintech startup Conduit has raised a significant $36 million Series A funding round, led by Dragonfly Capital, to enhance global payments. This investment will fuel the company’s expansion into Asian and Mexican markets, addressing inefficiencies in international transactions and reducing costs for businesses and individuals alike. The funds will also support the integration of Conduit’s services with over 20 banks across nine countries, enabling seamless access to local currency exchanges. Rob Hadick of Dragonfly Capital joins the company’s board, bringing valuable experience in financial markets to drive strategic growth.