Walnut Creek, CA
Joined December 2007
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Brian Wrightson retweeted
I've been a fan of @TokenizedPod and have known hosts @cuysheffield and @sytaylor for several years, so it was great to finally be on the show.
It was also great to share the news about our $35 Series A funding round and more about what we're building at @rtp to connect stablecoins and local currencies around the world.
It was also great to hear from @mattgmarcus about their stablecoin wallet launch at @ModernTreasury, plus discuss many other topics in the industry.
Special thanks to @PetBerisha and @Elise_X_Digital for being such great hosts.
youtu.be/dMVG1wiVth0?si=9QwV…
Brian Wrightson retweeted
Really enjoyed this session with @drewrogers and the @stabledash crew.
I've been a fan of their platform for a while—a high-quality, thoughtful approach that let me dig deeper into the experiences that led to the start of Latitude (@rtp) and the problems we're trying to solve.
Check it out to learn more about the company, how we raised our Series A from @oakhcft, and more!
.@cyril_mathew spent a decade at Uber, Coinbase, and Stripe watching cross-border payments fail at the same point.
People receive stablecoins but have no simple way to convert them into the local currency that they can actually spend.
This led to building Latitude ( @rtp ), a settlement network that connects banks, exchanges, and payment aggregators to convert stablecoin payments into local currency across 50 countries, all in under two minutes.
This week, they announced @oakhcft led a $35 million Series A that closed in three to four weeks, bringing the total raised to $43 million.
Since launching in January 2025, it has secured licenses or approvals in 45 states.
Cyril's conversation with @drewrogers:
2:02 - Latitude closes $35M Series A led by Oak HC/FT
4:51 - Paying Uber drivers across 40 countries from Amsterdam
10:03 - Joining Coinbase and the first crypto Visa card
15:58 - "Without liquidity, these things don't take off"
22:20 - Joining Stripe and the 20-page paper on crypto
27:54 - Building stablecoin payouts inside Stripe Connect
31:44 - The founding thesis behind Latitude
35:34 - How settlement works in Mexico, corridor by corridor
42:37 - Raising $35M in under four weeks
51:05 - Why enterprise core flows matter more than pilots
Brian Wrightson retweeted
Latitude announced a $35M Series A today led by @oakhcft, with NEA, Coinbase Ventures, Lightspeed Faction and OpenFX participating. Total raised is now $43M.
Tomorrow, @cyril_mathew, Co-Founder & CEO of Latitude @rtp, tells the behind-the-scenes story on Stableminded Ep. 0060.
In this episode we cover:
> The 20-page memo he wrote when digital assets were banned at Stripe
> The first digital asset card from a major exchange
> The stablecoin payout pilot he ran with Twitter, and why nobody used it
> Why nobody could spend those payouts in Vietnam, Ghana or Colombia
> Why he doesn't think a dollar stablecoin works for everyone
> What it took to get the round done after a stretch of rejections
Today, we're proud to announce that Oak HC/FT led a $35 million Series A in Latitude, the global payments infrastructure company connecting stablecoin settlement to local payment rails worldwide.
Stablecoins have solved the middle of cross-border payments. The last mile – turning that settlement into money someone can actually spend – is still slow, expensive, or missing in most of the world. Latitude built that last mile: a single API that moves money into any market and lands it in local currency, in seconds, at transparent rates.
Before building go-to-market, the team spent its first year securing its own money transmitter licenses, reaching licensed or approved status across 45 U.S. markets in about eight months. That's the harder path – and the one that compounds.
We've tracked founders @cyril_mathew, Brian Wrightson, and Vivek Morzaria since before Latitude existed, and now we're proud to back them as they build.
Read more: oakhcft.com/blog-post/the-la…
Brian Wrightson retweeted
I'm speaking at @thestablecon this week in Washington, D.C.
Latitude (@rtp) is building regulated stablecoin infra to power many use cases (neobanks, payroll, gig economy, etc) and have some exciting news this week
If you're at the conference and want to connect, please DM.
Brian Wrightson retweeted
Over a decade ago at Uber, we were paying drivers across 40 countries. Their top ask: "Pay me faster." That stuck with me through Coinbase and Stripe, where I kept running into the same wall from different angles.
Today, Latitude (@rtp) is launching out of stealth. We raised an $8M seed round in Jan 2025 and have been building quietly since then.
Brian Wrightson retweeted
For people reading on the train WHILE STANDING how about you wait 10 minutes to dive back in book worm!!
Brian Wrightson retweeted
I don't live in San Francisco. But this fellow public defender in Brooklyn is inspired by Chesa, his commitment to justice, and his desire to do real transformation. chesaboudin.com/
Brian Wrightson retweeted
Love putting my Peloton bike in the most striking area of my ultra-modern $3 million house
