OpenFX

Stub active Updated Apr 3, 2026

This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.

Founded 2024
Latest Stage Series A
Total Raised $94M+
Website https://www.openfx.com
Sector
fintech payments crypto

Investors

Accel series-a (2026)
atomico series-a (2026)
m13 series-a (2026)
Northzone series-a (2026)
Pantera Capital series-a (2026)

Founders

Prabhakar Reddy Founder (FalconX co-founder)

About

OpenFX is a cross-border payments platform founded in 2024 by FalconX co-founder Prabhakar Reddy 1. The company uses stablecoins as an intermediary settlement rail to enable near-instant FX conversion and cross-border settlement, processing over $45 billion in annualized payment volume across 40+ trading pairs 12.

Funding History

Date Round Amount Lead Co-investors
2026-03-30 Series A $94M Accel, Atomico M13, Northzone, Pantera Capital, Flybridge Capital, Hash3 12

What Investors Say

No verified investor quotes available at this time.

What Founders Say

No verified founder quotes available at this time.

Sources

  1. BusinessWire / OpenFX, “OpenFX Raises $94 Million Series A to Scale Cross-Border Money Movement,” March 30, 2026. https://www.businesswire.com/news/home/20260330586743/en/OpenFX-Raises-$94-Million-Series-A-to-Scale-Cross-Border-Money-Movement↩↩↩

  2. CoinDesk, “FX startup OpenFX raises $94 million to expand stablecoin-powered cross-border payments,” March 31, 2026. https://www.coindesk.com/business/2026/03/31/forex-startup-openfx-raises-usd94-million-to-expand-stablecoin-powered-cross-border-payments↩↩