Cross-border remittance startup OpenFX completes $94 million funding round, led by Pantera and others

MeNews · 2026-04-02T18:27:40+00:00

Foreign exchange startup OpenFX completes $94 million funding round, with a valuation of approximately $500 million. The company leverages stablecoins to connect banks and blockchain, offering low-cost cross-border settlement services, and plans to expand into Southeast Asia and Latin America markets.

MeNews

2026-04-02 18:27:40

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ME News update: On March 31 (UTC+8), FX market-making and cross-border remittance startup OpenFX completed a $94 million funding round. The round was led by Accel, Lightspeed Faction, M13, Northzone, Pantera, and others, and the post-investment valuation is about $500 million. OpenFX connects banking systems and blockchain infrastructure by using stablecoins as a bridge, providing faster, lower-cost settlement services for large cross-border transfers. OpenFX plans to use this round of funding to expand into Southeast Asia and Latin America. (Source: ODAILY)

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