What is Trace Finance?
Trace Finance operates at the intersection of decentralized finance and traditional banking infrastructure, specifically targeting the pain points faced by startups in the LatAm region. By providing a seamless, cost-effective, and accelerated mechanism for moving capital into local operations, the company addresses the systemic inefficiencies inherent in legacy cross-border financial systems. Their platform serves as a critical financial conduit, enabling high-growth startups to manage liquidity and treasury functions with greater agility. As the firm scales, it is positioning itself as an essential utility for the burgeoning digital economy in Latin America, effectively reducing the friction associated with international currency conversion and regulatory compliance.
How much funding has Trace Finance raised?
Trace Finance has raised a total of $32M across 1 funding round:
Series A
$32M
Series A (2026): $32M with participation from Haun Ventures, Jump Capital, Hof Capital, Coinbase, Paxos, CoinFund, Chainlink Labs, SNZ, and Valor Capital Group
Key Investors in Trace Finance
Haun Ventures
A venture capital firm focused on the web3 ecosystem, providing strategic support to companies building the next generation of internet infrastructure.
Jump Capital
A multi-stage venture capital firm that invests in data-driven technology companies, with a strong emphasis on fintech and enterprise software.
Hof Capital
A global investment firm that partners with ambitious founders to scale technology companies across international markets.
What's next for Trace Finance?
Following this major strategic investment, Trace Finance is poised to accelerate its product development roadmap and expand its footprint across key Latin American markets. The capital will likely be deployed to enhance the platform's underlying banking architecture, improve transaction throughput, and deepen integration with local financial institutions. By focusing on the specific needs of startups, the company aims to capture a larger share of the regional fintech market, potentially setting the stage for future expansion into broader enterprise-level financial services. The focus remains on maintaining a competitive edge through technological innovation while navigating the complex regulatory landscapes of the region.
See full Trace Finance company page