OpenFX (Series A)
Funding Details
- Awarder
- RSS - feeds.feedburner.com
- Date Award
- May 22, 2025
- Vertical
- Financial Technology
- Funding URL
- View Funding Page
- Funding Amount:
- $23,000,000
Company Info
- Founding Year
- 2024
- Traction
- The company achieved $10 billion in annualized transaction volume in under 12 months since its stealth launch.
- Company Description
- OpenFX is creating the financial market infrastructure for the AI economy through its real-time cross-border payments platform and settlement network. By combining the power of new-age payment rails and innovative last-mile liquidity sourcing models, OpenFX enables near-instant FX settlements across borders-making money transfers 99% faster, up to 90% cheaper, and available 24/7/365.
- Market
- Cross-border payments
- Location
- New York, NY, USA
- Coinvestors
- Accel, NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3