OpenFX secures $94M Series A for cross-border payments infrastructure. The fintech startup, founded by FalconX co-founder Prabhakar Reddy, raised capital from Accel, Atomico, Lightspeed Faction, M13, Northzone, and Pantera. OpenFX operates a real-time money movement platform combining stablecoin rails with liquidity sourcing to enable near-instant international settlements. The company claims its technology makes cross-border transfers 99 percent faster and up to 90 percent cheaper than traditional methods, operating around the clock. With a global team spanning the U.S., UK, UAE, and India, OpenFX currently supports over 40 trading pairs and serves fintech companies, neobanks, remittance providers, and payroll platforms. The funding reflects growing investor interest in modernizing international payment infrastructure through blockchain and stablecoin technology.
