Latitude has raised $35 Million in New Series A Funding
According to filings with the U.S. Securities and Exchange Commission, Latitude has raised $35,000,000.00 in new Series A funding. The federal securities law requires the notice to be filed by...
According to filings with the U.S. Securities and Exchange Commission, Latitude has raised $35,000,000.00 in new Series A funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: Oak HC/FT, NEA, Coinbase Ventures, Lightspeed Faction, OpenFX and Wilson Sonsini
About Latitude
Latitude is a global payments infrastructure company building a new foundation for cross-border money movement using stablecoin-based settlement combined with local payout rails. It focuses on enabling businesses to move money instantly, predictably, and at scale, serving customers such as payroll platforms, marketplaces, fintechs, and digital wallets across more than 50 countries. The company positions itself as a modern alternative to traditional cross-border payments by integrating stablecoins with built-in compliance and global licensing, making global payouts and fiatstablecoin on/off-ramps faster and more accessible. Latitudes network is designed to connect modern stablecoin rails to local fiat currencies on every continent, highlighting its broad geographic reach and infrastructure ambition. The company emphasizes simplicity and reliability in global payments, aiming to become a core backbone for instant, low-friction international money movement for business users.
To learn more, visit https://latitude.xyz/
Linkedin: https://www.linkedin.com/company/latitudeglobal/
Contact:
Cyril Mathew, Chief Executive Officer
https://www.linkedin.com/in/cyrilm
SOURCE: http://www.intelligence360.io
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