Austin based provider of cross-border payments software raised $10.5m in Seed funding led by Canvas Ventures.
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Routefusion raises $10.5m in Seed funding
“Banks and other financial services companies are really just risk companies. They’re not payments companies, and that’s not necessarily their fault – that could be because of regulation or whatever else. But as two outsiders kind of coming into the industry, there were so many hurdles around how to partner with a bank and how to get compliance [approval],” Seal said.
