Due is a financial technology company that specializes in cross-border payment networks and currency exchange solutions for businesses. Based in the United States, Due was founded in 2022 by Robert Sargsian and Alex Popov. The company has successfully raised a total of $3.3 million in funding and is currently valued at approximately £9.25 million. Due aims to simplify and secure international payment processes and has emerged as a significant player in the digital remittance industry.
As of the current year, 2025, Due has been actively involved in expanding its services and increasing its market presence.
| Attribute | Information |
|---|---|
| Founding Date | 2022 |
| Headquarters | United States |
| Founders | Robert Sargsian, Alex Popov |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | 22 investors |
| Industry | Financial Technology |
| Number of Employees | Not publicly disclosed |
Due was established in 2022, aiming to revolutionize the way businesses conduct international financial transactions. Recognizing a gap in the market for efficient and trustworthy cross-border payment solutions, founders Robert Sargsian and Alex Popov pooled their expertise and resources to develop an innovative platform that could address these needs. Within its first year, Due secured significant investment from 22 investors, amassing $3.3 million in funding. This initial capital injection allowed the company to develop its proprietary platform aimed at providing seamless and secure cross-border payments. Throughout its formative years, Due focused on enhancing the technological robustness of its solutions, ensuring its platform was capable of handling high-volume transactions securely.
Due operates with a clear focus on enhancing international business transactions through its cutting-edge platform. The company’s business model revolves around providing a stable, scalable, and secure payments ecosystem that leverages stablecoins and blockchain technology, enabling streamlined financial operations for businesses worldwide.
Currently, Due is actively expanding its market presence globally, particularly focusing on enhancing services in emerging markets like Nigeria. By offering virtual accounts, Due aims to facilitate easier access for businesses looking to engage in cross-border transactions. With a strong foundation in blockchain technology, Due maintains a competitive edge in the fintech industry by offering secure and efficient solutions tailored to meet the needs of diverse business clientele. The company is poised to broaden its impact within the financial technology sector, as it continues to innovate and develop new solutions to elevate the fintech landscape.
Due holds a significant position in the fintech industry, leveraging its innovative approaches to cross-border transactions and blockchain developments. Through strategic expansions and technology enhancements, Due demonstrates a robust potential for future growth and development in global markets. As the company continues to refine its offerings and expand its reach, it is well-positioned to become a leading provider of financial technology solutions, navigating the evolving landscapes of international business transactions with ease.