Routefusion is a financial technology company focused on providing a solution for expanding banking and payment operations internationally.
Routefusion is the easiest and fastest way for tech companies to embed cross-border payments in their applications.
Routefusion was founded in 2018 by Colton Seal and Richard Scappaticci. The company is headquartered in Austin, Texas.
Routefusion with its onboarding API, enables neo-banks, payroll providers, platforms, crypto, and marketplaces to operate cross-border to get connected immediately with multiple banking, FX, and local payout partners across the world.
Routefusion's single integration let customers have access to more than a dozen different banking and foreign exchange providers, including AFEX, MoneyCorp, Cambridge, Tempus, ReserveTrust, Nium, and Buckzy.
Routefusion aims to bring its total reach to more than 180 countries and more than 150 currencies. Customers include Synapse, Jeeves, Rippling, GrainChain, Novel, PaymentLabs, and Wyre.
Routefusion is backed by Silverton Partners, Canvas Ventures, Initialized Capital, Haymaker Ventures, NextWorld Capital, and others. The company raised $10.5M in a Seed round on Jan 19, 2022. This brings Routefusion's total funding to $14.2M to date.