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Dots raises $8.9M in Series A funding

San Francisco based global payouts software platform raised $8.9m in Series A funding led by DCM.

The payout layer is broken, with companies and marketplaces having to reinvent the wheel to handle compliance, onboarding and cross-border disbursements. As a result, payments are slow. Dots solves this problem by unifying bank transfers, PayPal, Venmo, Cash App, and stablecoins under a single API