Due, a cross-border payment provider, has secured $6,000,000 in new investment capital. This funding round marks a significant milestone for the company as it seeks to expand its global reach and enhance its payment solutions.
The company specializes in facilitating cross-border payments for modern businesses and individuals. Due enables money transfers to and from over 80 countries worldwide, supporting more than 30 local currencies and various digital assets. Its service offering includes digital dollar accounts opened in minutes, international transfers that are significantly cheaper, instant payments, and competitive exchange rates, complemented by robust on/off-ramp capabilities for digital assets.
This newly raised capital is earmarked to accelerate Due's growth initiatives. The investment will support the expansion of its comprehensive payment network and the continuous enhancement of its technological infrastructure. Due's extensive coverage currently spans Europe, the UK, Americas, LATAM, Africa, APAC, and the Middle East, along with global SWIFT payouts and crypto-native infrastructure including USDC and USDT across multiple chains.
Looking ahead, Due plans to leverage this funding to further penetrate key markets and broaden its service portfolio. The company aims to continue simplifying complex international transactions, providing more accessible and efficient financial solutions for its expanding global clientele. This strategic investment positions Due for sustained development and innovation in the evolving cross-border payment sector.
