Due Extends Seed Round to $7.3M to Launch Global Stablecoin Payments API

▤ Summary

Due extended its seed round to $7.3 million and will use the new capital to launch and scale its global stablecoin payments API. The company offers a borderless account and an embeddable API that lets businesses send, receive, and settle fiat and stablecoin payments through one integration. It already serves more than 500 companies and plans to expand coverage to more than 100 countries by year-end. The company also plans to add invoices, cards, and yield accounts while hiring engineering and compliance staff.

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