Latitude Raises $35M Series A

Latitude, a San Francisco-based global payments infrastructure company that simplifies cross-border money movement, has raised $35 million in a Series A funding round. This latest investment brings the total funding raised by the company to $43 million following an $8 million seed round earlier this year.

Investors

The funding round was led by Oak HC/FT, a firm focused on healthcare and fintech. Additional investors participating in the round include NEA, Coinbase Ventures, Lightspeed Faction, OpenFX, and Wilson Sonsini.

Latitude Use of Funds

Latitude plans to use the capital to continue scaling its global payments infrastructure, further develop its network of local currency ramps, and expand its regulatory licensing across international markets to facilitate seamless money movement between stablecoins and local financial systems.

About Latitude

Founded in 2026 by Cyril Mathew, Brian Wrightson, and Vivek Morzaria, Latitude provides a global payments platform that integrates stablecoin settlement with local payout rails. The company aims to simplify international money movement for businesses, such as payroll platforms and fintechs, by managing complex compliance and licensing requirements through a single API.

Funding Details

Company Website: https://latitude.xyz

Company: Latitude
Raised: $35M
Round: Series A
Funding Date: September 9, 2026
Lead Investor: Oak HC/FT
Additional Investors: NEA, Coinbase Ventures, Lightspeed Faction, OpenFX, Wilson Sonsini
Company Website: latitude.xyz
Software Category: Fintech
Source: https://www.businesswire.com/news/home/20260908626656/en/Latitude-Raises-%2435M-Series-A-to-Connect-Stablecoin-Payments-to-Local-Rails-Worldwide