Latitude raises $35 million in a Series A to help businesses convert stablecoins into local-currency payouts through bank accounts and mobile wallets. The Texas-based payments infrastructure startup, founded by Cyril Mathew, Brian Wrightson, and Vivek Morzaria, serves neobanks, payroll platforms, marketplaces, and financial firms; Oak HC/FT leads the round, with NEA, Coinbase, Lightspeed Faction, and OpenFX participating. Latitude plans to hire and pursue direct licenses in Southeast Asia, Latin America, and Africa.

Sep 2026FortuneNews article

WeatherXM builds a blockchain-based network of community-monitored weather stations that shares local data openly. The startup says it has deployed 5,000 stations in more than 80 countries, compensating volunteer monitors with its $WXM token and offering free personal data access alongside paid enterprise use. Its $7.7 million Series A, led by Faction, supports team expansion and preparations to monetize commercial users.

May 2024TechCrunchNews article