Latitude Announces Completion of $8 Million Funding Round Led by NEA

AirdropBlackHole · 2026-04-01T06:38:03+00:00

Cross-border payment company Latitude has secured $8 million in funding, led by NEA, to enhance its Global Payments service for U.S. businesses. The startup converts dollars into stablecoins for payments in over 50 countries, leveraging the co-founders' tech and crypto expertise.

AirdropBlackHole

2026-04-01 06:38:03

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On March 31, Fortune reported that cross-border payment company Latitude has completed an $8 million funding round, led by NEA, with participation from Lightspeed Faction, Coinbase, Paxos, and the Solana Foundation. Latitude’s main product is a service called Global Payments, which allows U.S. businesses to make payments to individuals in over 50 countries. When U.S. companies send dollars through Latitude, the startup’s network first converts the dollars into stablecoins, and then exchanges them into the local currency of the recipient’s country. The three co-founders have previously worked at companies such as Uber, Coinbase, Meta, and Stripe. They stated that their experience in crypto, technology, and payments has made them aware of the importance of efficient global capital flow.

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