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Conduit Pay
Conduit offers a platform for modern money movement, connecting domestic payment rails to a unified, on-chain payments layer. This enables fintechs and businesses to make nearly instant cross-border payments in stablecoins or local currencies. The platform is designed to manage operations, client transactions, and scale cost-effectively. With a team experienced in fintech, Conduit aims to simplify access to payments and make better financial products more accessible to everyone. It serves institutional clients and is registered as a financial service provider in Canada and the USA.
Distributed
Description
Conduit Technology Inc. provides a global money network and software products for modern money movement, accessible via its website and API. The platform connects domestic payment rails to a unified, on-chain payments layer, facilitating nearly instant cross-border business payments in both fiat and digital assets like stablecoins. It is designed for fintechs and businesses to manage internal operations and thousands of client transactions, offering a smarter, more cost-effective way to scale. Key services cater to use cases like accounts payable & receivable, global treasury management, and remote payroll. Functionalities include creating asset accounts, converting between digital assets and fiat, domestic and international transfers, and earning yield through decentralized finance (DeFi) protocols. Established in 2021 and backed by top investors, Conduit serves institutional clients and requires identity verification to comply with AML/CTF regulations. The company is registered with FINTRAC in Canada and as a Money Services Business (MSB) with FinCEN in the USA. It is important to note that Conduit is not a bank, and payment services may be provided by licensed financial institutions.Grant Funding
VC Funding
None
2025
$0
$36M