When was Latitude founded?

Latitude was founded in 2018 and raised its 1st funding round 8 years after it was founded.

Where is Latitude located?

Latitude is headquartered in Spring, United States.

Who is the current CEO of Latitude?

Cyril Mathew of Latitude. They have also founded 1 company.

Is Latitude a funded company?

Latitude is a funded company, having raised a total of $43M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 31, 2026.

When was the latest funding round of Latitude?

Latitude's latest funding was a $***** Series A round on Sep 09, 2026, with participation from 6 investors.

Where does Latitude rank among its competitors?

Latitude ranks 32nd amongst 434 active competitors, of which 65 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was dtcpay, which secured $25M in Sep, 2026.

Who are the top competitors of Latitude?

Latitude's top competitors include Simplex, Wirex and OpenFX. Among them, dtcpay secured the most recent funding round in September, 2026.

Latitude - 2026 Company Profile, Team, Funding & Competitors

Latitude is a series A company based in Spring (United States), founded in 2018 by Cyril Mathew and Vivek Morzaria. It operates as a Provider of digital infrastructure for cross border fiat currency payments. Latitude has raised $43M in funding from New Enterprise Associates and Oak HC/FT. The company has 434 active competitors, including 65 funded and 15 that have exited. Its top competitors include companies like Simplex, Wirex and OpenFX.

Company Details

Provider of digital infrastructure for cross border fiat currency payments. This technology facilitates the conversion of stablecoins into local currencies for delivery to bank accounts. The system utilizes integrated financial rails to enable the transfer of funds between different monetary systems. It provides tools for businesses to manage payouts and currency conversions through a unified interface. The infrastructure supports the movement of capital across various financial networks without requiring pre-funded accounts in destination regions.

Website: latitude.xyz
Email ID: *****@latitude.xyz, *****@latitude.xyz
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Spring, United States

Stage

Series A

Total Funding

$43M in 2 rounds

Latest Funding Round

Series A, Sep 09, 2026, $*****

Investors

New Enterprise Associates & 8 more

Ranked

32^nd among 434 active competitors

Similar Companies

Simplex & 679 more

View Latitude's full profile

Latitude has raised a total funding of $43M over 2 rounds. Its first funding round was on Mar 31, 2026. Its latest funding round was a Series A round on Sep 09, 2026 for $*****. 6 investors participated in its latest round. Latitude has 8 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Latitude:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 09, 2026	5921402	Series A	3180847	4703278	6247374	5416770
Mar 31, 2026	4869264	Seed	8430957	3175757	New Enterprise Associates	Faction VC & 4 more

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View details of Latitude's funding rounds and investors

The founders of Latitude are Cyril Mathew and Vivek Morzaria. Cyril Mathew is the CEO of Latitude.

Here are the details of Latitude's key team members:

Cyril Mathew: Co-Founder & CEO of Latitude.
Vivek Morzaria: Co-Founder of Latitude.
Contact Info: 1 email address

View details of Latitude's Founder profiles and Board Members

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Top competitors of Latitude include Simplex, Wirex and OpenFX. Here is the list of Top 10 competitors of Latitude, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
2nd	Wirex 2014, London (United Kingdom), Series B	Provider of digital asset wallets and stablecoin payment processing infrastructure	$22.2M	Love Capital, SBI Investment & 12 others	70/100
3rd	OpenFX 2024, Miami (United States), Series A	Provider of infrastructure for instant, low-cost, cross-border foreign exchange liquidity	$117M	Accel, Northzone & 10 others	70/100
4th	BVNK 2016, London (United Kingdom), Acquired	Online platform offering multiple crypto services	$93.2M	Haun Ventures, Tiger Global Management & 45 others	70/100
5th	Fin 2015, San Francisco (United States), Series A	Provider of a virtual assistant for assisting users in everyday tasks	$40M	Coatue, Expa & 7 others	69/100
6th	Bridge 2022, San Francisco (United States), Acquired	Developer of infrastructure and application programming interfaces for stablecoin transactions	$58M	Ribbit Capital, Haun Ventures & 8 others	68/100
7th	Zero Hash 2017, Chicago (United States), Series D	Embedded crypto solutions for financial institutions	$286M	Point72 Ventures, Interactive Brokers & 31 others	67/100
8th	CoinPayments 2013, Vancouver (Canada), Series A	Payment gateway solutions for cryptocurrencies	$30.1M	Newnote Financial	63/100
9th	dtcpay 2019, Singapore (Singapore), Series A	Provider of platform enabling multi-currency swaps and digital payment solutions	$51.5M	Vertex Ventures, SBI Group & 1 others	60/100
10th	Flexa 2018, New York City (United States), Series B	Provider of digital asset payment processing and merchant settlement tools	$14.1M	2020 Ventures, Nima Capital & 7 others	58/100
32nd	Latitude 2018, Spring (United States), Series A	Provider of digital infrastructure for cross border fiat currency payments	$43M	Oak HC/FT, New Enterprise Associates & 7 others	53/100