Latitude – Cross-Border Payments API & Global Payouts | Quasa.io

#Quasa #QUA #Latitude

Latitude is a cross-border payments company, not a chat tool. A US business sends dollars through one API, and the recipient gets local currency in a bank account. The first product is Global Fiat Payouts, aimed at sellers, contractors, and vendors across 50-plus markets. The second is an embeddable stablecoin on- and off-ramp for wallets, exchanges, and fintechs. The company says pricing is the interbank rate plus a flat fee, with no setup fee, no minimum, and no volume lock-in. Public messaging cites 0.5% in every market. It says it is licensed in 45 US jurisdictions, with BSA/AML, OFAC, and KYB/KYC checks. SOC 2 Type I is cited; Type II is listed as a Q4 2026 target.

𝐂𝗢𝗥𝗘 𝗦𝗧𝗥𝗘𝗡𝗚𝗧𝗛𝗦
• One payout API instead of a local account in each country
• Published fee, not a hidden FX spread
• Fiat payouts and stablecoin ramps on the same story
• Compliance checks are part of the product, not an add-on
• No volume commitment to start  

𝗜𝗗𝗘𝗔𝗟 𝗙𝗢𝗥
US companies paying people abroad, and fintechs that want a fiat-to-stablecoin ramp without building banking rails.

𝗛𝗜𝗚𝗛𝗟𝗜𝗚𝗛𝗧𝗦
• Local currency into bank accounts, not only a wallet
• Corridor coverage claimed at 50-plus countries
• Embeddable ramp for neobanks and exchanges
• Direct ties to stablecoin issuers and US bank partners, per the company
• Onboarding pitched in days, not a quarter  

𝗣𝗢𝗧𝗘𝗡𝗧𝗜𝗔𝗟 𝗖𝗢𝗡𝗦𝗜𝗗𝗘𝗥𝗔𝗧𝗜𝗢𝗡𝗦
• License coverage is not all 50 states yet
• SOC 2 Type II is a target, not a finished report
• Corridor fees and speed still vary by market
• A flat rate does not cover the recipient bank’s own charges
• This is regulated money movement; a demo is not a live payout  

𝗢𝗩𝗘𝗥𝗔𝗟𝗟 𝗩𝗘𝗥𝗗𝗜𝗖𝗧
4.2/5 stars. Use Latitude when the job is “pay this person in their currency.” Confirm the corridor, the license, and the all-in fee before you wire volume. Earn 1 QUA reward by reviewing on Quasa.io too!

𝗚𝗘𝗧 𝗦𝗧𝗔𝗥𝗧𝗘𝗗: https://quasa.io/projects/latitude