Tech Company Financing Transactions
Routefusion Funding Round
Routefusion, based in Austin, raised $3.6 million from Silverton Partners, Initialized Capital and private investors.
Transaction Overview
Company Name
Announced On
2/3/2021
Transaction Type
Venture Equity
Amount
$3,600,000
Round
Seed
Investors
Silverton Partners (Lead Investor)
private investors (William Hockey)
Proceeds Purpose
The company intends to use the funds to continue its self-serve product expansion, help facilitate new global banking partnerships, and expand upon its current partnerships with AFEX, MoneyCorp, Cambridge, Tempus, ReserveTrust, Nium, and Buckzy.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1305 E 6th St. 4
Austin, TX 78702
USA
Austin, TX 78702
USA
Phone
Website
Email Address
Overview
Routefusion's API enables neo-banks, payroll providers, platforms, and marketplaces to begin offering cross-border payments to their customers in as quickly as 2 days. Routefusion's easy on-boarding allows you to immediately connect with multiple banking, FX, and local payout partners around the globe, ensuring that all of your requirements are met.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Colton Seal
Chief Technical Officer
Richard Scappaticci
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