Routefusion, a FinTech company specializing in modern financial infrastructure for cross-border payments, announced it has raised $26.5 million in a Series A funding round, bringing its total funding to $40.7 million.
The Series A round was led by PeakSpan Capital, with participation from Silverton Partners. Founded in 2018, Routefusion provides a unified API that enables platforms and financial institutions to embed seamless cross-border payments and multi-currency account capabilities.
The company’s offering consolidates fragmented payment rails, currency conversion tools, and compliance processes into one system. This allows clients to integrate a complex financial stack directly into their existing services.
The new capital will be used to accelerate the expansion of Routefusion’s partner network, enhance its liquidity and compliance capabilities, and scale its product, engineering, and go-to-market teams. The company also plans to deepen its platform coverage across accounts, foreign exchange (FX), and payments, while strengthening onboarding and launch operations for its customers, which are primarily platforms and financial institutions with large cross-border payment volumes.
Routefusion operates its infrastructure end-to-end, covering onboarding, compliance, and launch support to facilitate rapid and confident business scaling. Its network incorporates redundancy across multiple banks, non-bank providers, and payment rails such as SWIFT, RTP, and stablecoin networks, aiming to ensure operational continuity even amidst regulatory or political disruptions.
Colton Seal, CEO and co-founder of Routefusion, stated, “Cross-border commerce depends on networks that are secure, resilient, and universally accessible. Much like Visa transformed domestic commerce, Routefusion is unifying access to the global payments ecosystem. Our mission is to ensure that businesses, regardless of size or geography, can move money with the same speed, trust, and transparency as they operate locally.”
Justin Kelly, Vice President at PeakSpan Capital, who will join Routefusion’s board following the investment, commented, “Routefusion’s network represents the kind of infrastructure that underpins the future of global payments. The costs of building and maintaining these capabilities internally are prohibitive for most businesses. Routefusion delivers an enterprise-grade, turnkey solution that is deeply integrated, transparent, and compliant. We believe this is the type of infrastructure that will power the next generation of global platforms.”
