Conduit provides a unified payments platform that lets developers and treasury teams create virtual multi‑currency accounts and execute cross‑border fiat and stablecoin transfers via a single API. The service connects to over 30 global payment rails and includes an on‑chain FX engine for instant settlement, real‑time monitoring, and compliance reporting.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses that need to send and receive payments across borders face fragmented legacy banking networks, high transaction fees, and settlement delays that hinder cash flow and limit growth. Managing multiple fiat currencies and stablecoins requires separate accounts and manual reconciliation, creating operational overhead and regulatory complexity.
Solution
Conduit delivers an end‑to‑end payments platform that unifies fiat and stablecoin flows through a single API. The service provisions virtual multi‑currency accounts, connects to local payment rails (e.g., Fedwire, SEPA, RTP, Pix) and leverages an on‑chain FX engine that mints, swaps, and burns stablecoins to achieve near‑instant settlement. Transaction data are streamed to a cloud‑hosted dashboard where compliance checks, audit trails, and real‑time reporting are available. By abstracting the underlying banking and blockchain layers, Conduit enables developers and treasury teams to embed global payouts, inbound collections, and currency conversion directly into their products with minimal code. The network’s deep liquidity pool supports high‑volume, high‑velocity payments while maintaining competitive FX rates.
Target Audience
Primary customers are fintech platforms, payment service providers, and enterprise treasury or finance departments that require programmable, cross‑border payment capabilities and multi‑currency account management.
Features
- RESTful and SDK‑based API for creating and managing virtual accounts in USD, EUR, GBP and major stablecoins (USDC, USDT)
- Integrated on‑chain FX engine that mints fiat‑backed stablecoins, executes automated swaps in DeFi liquidity pools, and burns tokens to release destination fiat
- Direct connectivity to over 30 local and international payment rails (Fedwire, Fednow, SEPA, RTP, RTGS, Pix, SPEI, etc.) for same‑day or near‑instant payouts
- Real‑time transaction monitoring and compliance module with AML/KYC screening, audit logs, and configurable risk rules
- Web‑based operations console for manual payouts, account reconciliation, and bulk payment uploads (CSV, API batch)
- Scalable architecture with high‑throughput settlement engine capable of processing millions of transactions per day
- SDKs for popular languages (Python, Node.js, Java) and detailed OpenAPI documentation to accelerate integration