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Day: June 19, 2026

  • Trace Finance Raises $32M Series A to Expand Global Payments Infrastructure

    Trace Finance Raises $32M Series A to Expand Global Payments Infrastructure

    Cross-border payments remain one of the most complex areas of financial services, particularly when money moves between developed and emerging markets. Regulatory requirements, fragmented banking systems, foreign exchange settlement, and local compliance obligations continue to create operational challenges for global businesses.

    Against this backdrop, Trace Finance has announced a $32 million Series A funding round led by CoinFund, with participation from investors including Coinbase Ventures, Haun Ventures, Valor Capital, Jump Capital, Paxos, and HOF Capital.

    The funding will support the company’s efforts to expand its financial infrastructure platform across the United States, Latin America, APAC, and other regulated markets.


    Building Infrastructure for Complex Payment Corridors

    Trace Finance focuses on providing infrastructure for cross-border banking, payments, foreign exchange, and settlement. The company was founded with a focus on connecting the United States and Latin America, a region often characterized by high fees, operational friction, and fragmented payment systems.

    According to the company, this corridor became the foundation for a broader strategy aimed at helping large technology companies, payment providers, exchanges, and financial institutions connect global liquidity with local financial systems.

    Trace states that it has processed more than $10 billion in cross-border transaction volume and has become the primary provider for the four largest global payments companies operating in Latin America.


    Regulatory Expertise Becomes a Competitive Advantage

    The international payments landscape continues to evolve as regulators place greater emphasis on compliance, licensing, and trusted financial infrastructure.

    Trace’s strategy centers on operating through regulated structures while providing banking connectivity, settlement capabilities, and compliance infrastructure across multiple jurisdictions. The company currently operates across more than five regulated markets, including the United States, Brazil, broader Latin America, and APAC regions.

    As institutional payment flows grow in scale and complexity, providers that can combine technology with regulatory expertise are increasingly becoming critical infrastructure partners.


    Supporting the Next Phase of Global Money Movement

    The new capital will be used to increase transaction capacity, expand into additional regulated corridors, and strengthen products focused on FX, compliance, banking connectivity, and international settlement.

    Trace also revealed that it is developing new settlement products designed to further connect local financial systems with global payment liquidity, including solutions that leverage stablecoin technology.

    The announcement highlights a broader trend across financial services: the growing demand for regulated infrastructure capable of supporting real-time global money movement while remaining connected to local financial systems.

    Key takeaways

    • Trace Finance raised a $32 million Series A led by CoinFund.

    • The company has processed more than $10 billion in cross-border transaction volume.

    • Trace serves the four largest global payments companies operating in Latin America.

    • The funding will support expansion across regulated markets including the U.S., LatAm, and APAC.

    • Regulatory compliance, settlement infrastructure, and banking connectivity remain key growth areas in global payments.

    • Trace is developing new settlement products that include stablecoin-enabled capabilities.

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