Conduitβs cross-border payments expand from LatAm into Africa with $6M round
TechCrunch | Tage Kene-Okafor - Aug 12, 2024

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- The value of cross-border payments is projected to reach $250 trillion by 2027.
- Conduit is a B2B cross-border payments platform that facilitates payments to businesses in Latin America and Africa.
- Conduit has experienced substantial growth and plans to expand into other African markets.
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The untapped potential of cross-border payments in emerging markets presents a significant opportunity for businesses. Conduit's pivot from crypto to traditional banking and its focus on B2B payments has proven successful, leading to substantial growth. Expanding into other African markets will further solidify Conduit's position in the industry.
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