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

MeNews · 2026-04-02T21:15:59+00:00

ME News Report, March 31 (UTC+8), foreign exchange market maker and cross-border remittance startup OpenFX completed a $94 million funding round. The round was led by Accel, Lightspeed Faction, M13, Northzone, and Pantera, with a post-money valuation of approximately $500 million. OpenFX bridges the banking system and blockchain infrastructure using stablecoins to provide faster and lower-cost settlement services for large-scale cross-border transactions. OpenFX

MeNews

2026-04-02 21:15:59

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

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