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

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