Latitude

Latitude (operating at latitude.xyz) is a global payments infrastructure platform engineered for seamless cross-border fiat currency transactions. Founded by payments veterans from Stripe, Coinbase, and Uber—including Cyril Mathew as co-founder and CEO—Latitude redefines money movement by bridging modern stablecoin rails with local fiat networks across every continent. Under the hood, the Latitude Settlement Network™ enables real-time settlements, eliminating traditional friction in global payouts. This allows businesses to disburse funds instantly to workers, partners, or customers in over 50 countries at a flat 0.5% fee, with no volume commitments. Backed by an $8 million seed round, the company leverages its founder-led expertise to deliver a scalable alternative to legacy payment systems, catering to payroll platforms and enterprises seeking efficiency in international transactions.