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Latitude Raises $35M Series A to Connect Stablecoin Payments to Local Rails Worldwide

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SAN FRANCISCO--(BUSINESS WIRE)--Sep 9, 2026-

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Latitude raises $35M in Series A funding led by Oak HC/FT to build stablecoin payment rails

Latitude's funding could accelerate stablecoin adoption by simplifying cross-border transactions, potentially reshaping global payment systems.

An Uber driver in London who delivers an envelope of cash to an intermediary to get his savings to Morocco, losing 20% along the way. It is from this scene, told in Fortune by founder Mathew during his years leading Uber's international payments in Europe, that the idea comes from the [...]

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Fortune broke the news in New York, United States on Wednesday, September 9, 2026.
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