Conduit

Kalispell, United States Founded: 2021 • Age: 5 yrs
Cross-border payment solutions are provided for businesses via multiple options.

About Conduit

Conduit is a Financial Services company based in Kalispell (United States) founded in 2021 by Kirill Gertman and Michael Gregson. Cross-border payment solutions are provided for businesses via multiple options. It operates on a API-as-a-Product, FinTech, and Commission-Based model. Conduit has raised $59 million across 4 funding rounds from investors including Gemini, Digital Currency Group and Helios Investment Partners. Its chief executive, as recorded, is Kirill Gertman. Its website conduitpay.com draws about 40 thousand monthly visits. Conduit offers products and services including Conduit Platform, Accounts Payable & Receivable, Global Treasury Management, and Remote Payroll. Its focus areas include FinTech and Payment Processing. Its legal entity is Conduit Technology Inc. Its competitors include Payoneer, Tipalti and Flywire; 3 of its 3 listed competitors have raised funding.

Company details

Conduit is engaged in providing innovative payment solutions for modern companies, particularly fintechs, by connecting domestic payment rails to a unified, on-chain payments layer. Operations are supported across various sectors including accounts payable, global treasury management, and remote payroll. Solutions are offered for faster, cheaper cross-border transactions in stablecoins or local currencies, with near-instant settlement speeds for many currency pairs. The platform is designed to integrate seamlessly into products via API, supporting high-volume global payments with deep liquidity and competitive rates in multiple currencies.

  • Headquarters Kalispell, United States
  • Founders Kirill Gertman, Michael Gregson
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website conduitpay.com
  • Social LinkedIn X
  • Legal Name Conduit Technology Inc.
Key Metrics
  • Total Equity Funding
    $59M (USD)

    in 4 rounds

  • Latest Funding Round
    $36M (USD), Series A

    May 2025

  • Investors
    Gemini

    & 19 more

Products & Services of Conduit

Conduit offers a comprehensive portfolio of products and services, including Conduit Platform, Accounts Payable & Receivable, Global Treasury Management, and Remote Payroll.

Conduit Platform
Payment Solutions

Cross-border payments are facilitated with near-instant transaction speeds.

Accounts Payable & Receivable
Financial Management

Payouts and payins are streamlined for efficient team operations.

Global Treasury Management
Financial Services

Forex transactions are enabled for rapid global operational expansion.

Remote Payroll
Payroll Solutions

Remote employee payments are processed in multiple currency options.

Funding Insights of Conduit

Conduit has successfully raised a total of $59M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $36 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $59M
  • Total Rounds 4
  • Last Round Series A β€” $36M
  • Investors Count 20

All 4 funding rounds of Conduit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2025$36MSeries A–DRAGONFLY
Aug 2024$6MSeed––
Jan 2022$17MSeed–Portage
Jun 2021Seed–Portage
–
Valuation history

20 investors in total: 15 institutional and 5 angel.

Investors in Conduit

Conduit has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gemini, Digital Currency Group and Helios Investment Partners.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity investments are managed across multiple sectors by Helios.
2004heliosinvestment.comLondon, United Kingdom
Early-stage tech startups are funded through venture capital investments.
discovery-ventures.comBerlin, Germany
A global fintech and financial services investment platform is operated.
2016portageinvest.comMontreal, Canada
Early-stage investments in insurance, financial services, and healthcare are targeted.
diagram.caMontreal, Canada
Venture capital firm focused on fintech and B2B SaaS companies
fin.capitalSan Francisco, United States
Venture capital arm of Alphabet Inc. investing in AI
gradient.comMountain View, United States
Investments are made in early-stage technology companies by Inovia Capital.
inovia.vcMontreal, Canada
Venture capital and equity principal services are provided by Dragonfly.
2018dragonfly.xyzOakland, United States
Early-stage companies are funded by this venture capital firm.
altos.vcMenlo Park, United States
Venture capital firm focused on multiple sectors
soundventures.com
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Investor details for Conduit

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People of Conduit

18 people are tracked at Conduit (11 in leadership, 7 in team).

NameRoleGroup
Kirill Gertman
Founder & CEOLeadership
Michael Gregson
Co-FounderLeadership
Mark Graves
Chief Legal & Compliance OfficerLeadership
Andre Masse
Chief Operating OfficerLeadership
Andrey Lesko
Head Of Revenue OperationsLeadership
Salma Elisa G.
Director Of ComplianceLeadership
Mihai Ciorba
Director Of FinanceLeadership
Rockland Pickard
Director Of MarketingLeadership
Tien Nguyen
VP Of FinanceLeadership
Federico Javin
Global Head Of SalesLeadership
Jeremy Berger
Chief Banking OfficerLeadership
Ana Batista
Fraud AnalystTeam
Tonya E.
Compliance Operations ManagerTeam
Ravi Patel
Strategy Ops LeadTeam
Kristen Tiscareno
People And Culture LeadTeam
Mauricio Andrés Madrigal Mayorga
BDLTeam
Brynna Randall
Financial Accounting AnalystTeam
Carla Aragon
Field Marketing ManagerTeam
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Complete people profiles for Conduit

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Timeline of Conduit

3 dated milestones of Conduit across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Conduit is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $36.0M.

Competitors of Conduit

Conduit has 3 listed competitors in our database, 3 of them funded. They include Payoneer, Tipalti and Flywire.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
payoneer.com2005New York, United States$269M2,407
Cross-border payments are enabled for businesses via diverse payout methods.
tipalti.com2010Foster, United States$553M360
Cloud-based procurement and invoice management solutions are offered to businesses.
flywire.com2009Boston, United States$263.2M1,250
Flywire is recognized as a global payments and software expert.
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Detailed competitors of Conduit

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Web traffic of Conduit

The website of Conduit (conduitpay.com) receives about 40.4K visits a month.

  • Monthly visits
    40.4K

    ▲ 13.3% vs previous month

Similar websites

Websites whose visitors overlap most with Conduit. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
payglocal.in
100%
83.9K#341,674View details
finix.com
86%
85.4K#470,243View details
latamfintech.co
86%
54.7K#623,070View details
marqeta.com
86%
836.8K#68,745View details
onbe.com
86%
25.2K#1,194,896View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 16 similar websites and full traffic analytics for Conduit

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  • 16 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Payments & Remittance Platforms

3 companies that operate in the same segment as Conduit (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B16,622
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B3,108
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.07 B6,209
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Related news about Conduit

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Frequently Asked Questions about Conduit

Conduit was founded in 2021.

Conduit is headquartered in Kalispell, United States. It is registered at Kalispell, Montana, United States.

Kirill Gertman is the CEO of Conduit, as recorded in our data. They have also founded this company.

Conduit is a funded company, having raised a total of $59M across 4 funding rounds to date.

Conduit is engaged in providing innovative payment solutions for modern companies, particularly fintechs, by connecting domestic payment rails to a unified, on-chain payments layer. Operations are supported across various sectors including accounts payable, global treasury management, and remote payroll. Solutions are offered for faster, cheaper cross-border transactions in stablecoins or local currencies, with near-instant settlement speeds for many currency pairs. The platform is designed to integrate seamlessly into products via API, supporting high-volume global payments with deep liquidity and competitive rates in multiple currencies.

Conduit's top competitors include Payoneer, Flywire and Tipalti.

Conduit offers Conduit Platform, Accounts Payable & Receivable, Global Treasury Management, and Remote Payroll.

Conduit has 20 investors. Key investors include Gemini, Digital Currency Group, Helios Investment Partners, Portage, and DRAGONFLY.

Conduit operates through Conduit Technology Inc..

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