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.
Management Team
Title
Name
Email & Social
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