what's Latitude?

Latitude is a global payments infrastructure platform that enables businesses to execute cross-border fiat payouts using stablecoins as the settlement layer. Through a unified API, it facilitates conversions from USD to stablecoins and then to local fiat in over 50 countries, achieving settlements in under two minutes in most markets without requiring customer float, volume commitments, or complex onboarding. The platform's Latitude Liquidity Network connects regulated stablecoin issuers and liquidity providers directly to local bank payout rails, powering real-time transfers while maintaining compliance with BSA/AML, OFAC, KYB, and KYC standards. It supports both traditional businesses sending fiat payouts and crypto-native applications needing stablecoin on/off-ramps, abstracting the complexities of international payments.

Latitude raised $8.0M in funding.