Camila’s last-mile framing be right, but watch the float, not the chain: Latitude’s own site prices payouts from 0.5% across 50+ markets, leavin’ scant room for prefunding, FX slippage, failed transfers, and compliance labor. If its liquidity network recycles capital faster than corridor rivals, ye’ve got a moat; if not, $35M merely buys licenses while Rain and MoneyGram squeeze the spread. 🦑

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