Routefusion Raises $26.5M to Expand Global Payments Network

Routefusion, a financial infrastructure provider enabling platforms and financial institutions to embed seamless cross-border payments and multi-currency account capabilities, today announced the close of a $26.5 million Series A funding round. The round was led by PeakSpan Capital, with participation from Silverton Partners, bringing the company’s total funding to $40.7 million. Routefusion is building the next layer of financial infrastructure: a global network designed to make cross-border payments as reliable, transparent, and accessible as domestic ones....

Routable Launches Real-Time Payments to Enable Instant Payouts

Routable, a modern and intuitive business payments platform, with a focus on mass payouts, today announced the launch of Real-Time Payments (RTP®), which allows businesses to securely pay vendors and contractors within seconds. Routable built RTP® leveraging its extensive experience in mass payouts, so it can accommodate businesses as they scale from 250 payouts per month to over 100,000.  This is a significant competitive advantage for companies looking to strengthen relationships with key third parties...

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