Conduit operates in nine countries and supports 14 fiat currencies, with a network of more than 20 banking partners providing access to localised payment infrastructure in regions such as the United States, Mexico, Brazil, Nigeria and Kenya

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Conduit supports 14 different fiat-currencies and operates in nine countries including the United States, Mexico, Brazil, Nigeria, and Kenya. “We have a network of over 20 banks across nine countries that we work with very closely that gives us the best access to local rails,” Gertman said, referring to the different payment infrastructure in each country.

They are also increasingly popular vehicle for payments, savings and remittances, especially in developing countries, as a cheaper and speedier alternative to traditional banking rails.