That's a wrap on day one.
Head over to our co-founder and CEO @cyril_mathew's blog post for the full story behind why we built Latitude.
https://t.co/LIRem9Hlsg
Enjoyed this conversation with Greg Myers, discussing my background and what we're building at Latitude (@rtp) to help companies "go global on day one."
Thanks to @Leadersinpymnts for having me on 🤝🏽
https://t.co/KRiBdMdaPS
We're hiring our first legal hire under our GC at @rtp: Counsel, Commercial and Regulatory.
Looking for a builder. New partners, new customers, and structuring new concepts across 50+ markets. AI-native. High integrity.
Apply or DM if interested.
https://t.co/UcYUogE6Fh
🧵 We launched Latitude (@rtp) last week. Lots covered, so I want to double-click on Global Fiat Payouts.
Fund us in USD. Pay anyone in 50+ countries in local currency. Under 2 minutes on average.
It runs on stablecoin rails, but you don't need to think about that any more than you think about the protocol behind email when you hit send.
Huge week for stablecoin fundraising
Over $150M announced in the past 7 days by very exceptional teams across payments, credit, and FX.
Follow the companies below and if you're looking to enter the space check out their hiring pages
@cyril_mathew at Latitude - $8M Seed
@SamBroner and Adam Zuckerman at The Better Money Company - $10M Seed
Santiago Alvarado at @OfficialXFX - $17M Series A
Lily Yarborough and Connor Dougherty at @ValinorDigital - $25M Seed
@prabhakar2reddy at @openfx_ - $94M Series A
Congrats to the teams!
Hello World!
Latitude is live.
We built stablecoin-to-local-fiat infrastructure across 50+ countries so businesses can move money globally at a flat 0.5% rate, with no hidden spreads or volume commitments.
Global payments are broken. We're fixing the rails.
$8M seed led by NEA. Team from Uber, Coinbase, Stripe, and more.
Full story in Fortune (in comments)