Company Directory › Fintech & cross-border payments › OpenFX
Profile not yet claimed. This profile was compiled by GlobleMatch from public sources on 31 October 2026. It has not been reviewed or endorsed by OpenFX, and a listing does not imply a partnership with GlobleMatch. If you represent OpenFX, you can claim this profile to verify and manage it — or request a correction or removal.
Directory Listing · United States
OpenFXNot yet claimed
Institutional FX infrastructure using stablecoins as a settlement rail — near-instant conversion and cross-border settlement across 40+ trading pairs, around the clock.
About OpenFX
OpenFX is an FX infrastructure company that connects traditional banking systems to stablecoin rails, using stablecoins as an intermediary settlement layer so that foreign-exchange conversion and cross-border settlement happen in minutes instead of the two to five business days correspondent banking usually takes. It sells to institutions — fintechs, neobanks, remittance providers and global payroll platforms — offering liquidity across more than 40 trading pairs, with the company stating that over 98% of transactions settle in under 60 minutes and that transfers are up to 90% cheaper than legacy routes (company-reported figures). Named customers in its announcement and on its site include established money-movement businesses in remittances, stablecoin payments and treasury management.
Founded in 2024, OpenFX grew annualized payment volume from US$4 billion to more than US$45 billion ahead of its Series A (company-reported), and in March 2026 raised US$94 million led by Accel, with Atomico, Lightspeed Faction, M13, Northzone and Pantera Capital participating; aggregator databases put total funding at about US$117 million including a 2025 seed round. The company says the new capital funds expansion into Southeast Asia — markets with strong domestic instant-payment systems such as UPI, PayNow and PromptPay — and deeper Latin American corridors, and that its team operates across the US, the UK, the UAE and India.
Products & services
- FX conversion and settlement API — near-instant conversion and cross-border settlement for institutions, available 24/7.
- Institutional liquidity network — liquidity across 40+ trading pairs, with last-mile sourcing models in local markets.
- Stablecoin settlement rail — stablecoins used as the intermediary rail between traditional banking systems.
- Corridor expansion — deepening Latin American pairs and building Southeast Asian corridors (per the company’s Series A announcement).
Why OpenFX is listed: OpenFX is one of the largest stablecoin-settlement rounds of 2026 and its customers are the household names of cross-border money movement — North American fintechs evaluating settlement partners will diligence it, and an accurate independent profile keeps aggregator numbers from doing that job instead.
How AI assistants describe OpenFX today
On 31 October 2026 we asked leading AI assistants the same question — what is this company, where is it based, when was it founded, and what funding has it raised? Their answers, checked against the public record, are summarised here. Full answers are archived by GlobleMatch. This is a snapshot, not an endorsement of either engine.
ChatGPT
Mostly consistent on founding, product and funding — but it states the company is ‘Miami, Florida–based’ as settled fact, where other sources, including the dateline of its own Series A release, say New York.
Claude
Consistent with the public record on founding, product and the announced Series A, and explicit that sources disagree on headquarters (New York versus Miami). No material errors found.
Perplexity
Not included in this snapshot.
Gemini
Not included in this snapshot.
Headquarters is disputed in public sources: the Series A release is datelined New York, while at least one database lists Miami — ChatGPT presents Miami as settled.
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Questions partners ask
Institutions that move money across borders at volume: fintechs, neobanks, remittance providers and global payroll platforms. It is infrastructure, not a consumer remittance app.
The company states that over 98% of transactions settle in under 60 minutes and that the platform runs 24/7/365 — company-reported figures, not independently audited by GlobleMatch.
A US$94 million Series A announced in March 2026, led by Accel with Atomico, Lightspeed Faction, M13, Northzone and Pantera Capital; databases put total funding near US$117 million including an earlier seed.
GlobleMatch Trust Signals
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| Public information coverage | 8 of 9 fields on the standard profile could be filled from public sources.This counts how much public information exists about the company — not how good the company is. The nine fields are listed in the methodology. Claiming the profile lets the company complete the remaining fields itself. |
|---|---|
| Last verified | 31 October 2026 — facts on this profile were checked against the sources listed below. Profiles are re-checked on a published 90-day cycle; this date is never quietly refreshed. |
Claim this profile to unlock response record, directory tenure and peer endorsements. The full methodology — what each signal measures and how it is calculated — is published in the Trust Signals methodology, including a change log.
3 questions to ask this company
- Your US$45B annualized volume is company-reported — how is it split across your 40+ pairs, and which corridors are actually live versus announced?
- Who holds the licences in each market — OpenFX entities, or banking and payout partners — and who carries FX risk intraday?
- Southeast Asia expansion was the stated use of the Series A — which markets there are live now, six months on?
Sources & verification
- Company website — https://openfx.com/ (product positioning, customer testimonials). Checked 31 Oct 2026.
- Series A announcement, 31 Mar 2026 — https://www.vcaonline.com/news/2026033102/openfx-raises-94-million-series-a-to-scale-cross-border-money-movement/ (US$94M round, 40+ pairs, US$45B annualized volume and 98%-under-60-minutes figures as reported by the company, expansion plans). Checked 31 Oct 2026.
- Headquarters reporting differs by source (New York in the company’s release dateline, Miami in at least one database); this profile records the disagreement.
Facts last verified: 31 October 2026. Something wrong? A listed company can request a correction or removal at any time; verified requests are actioned.
Related companies
More in Fintech & cross-border payments: Latitude (stablecoin payments infrastructure, United States) · Tazapay (cross-border payment rails, Singapore) · MetaComp (hybrid fiat and stablecoin platform, Singapore)
More from United States: Latitude (stablecoin payments infrastructure, United States) · Vitalize (hospital workforce platform, United States)
Country guides: GlobleMatch’s country guides do not cover United States yet; when a guide is published, it will list the companies from United States in this directory.
Profile facts
| Headquarters | New York or Miami — sources differ |
|---|---|
| Country | United States |
| Industry | FX infrastructure · stablecoin settlement |
| Founded | 2024 |
| Company size | — (not publicly disclosed; left blank rather than guessed) |
| Markets served | Global — 40+ trading pairs; team across the US, UK, UAE and India; expanding in Southeast Asia and Latin America (company-reported) |
| Official website | openfx.com |
| Public funding | Series A, US$94M, led by Accel (announced Mar 2026); total funding about US$117M including a 2025 seed (aggregator-reported) |
| Profile status | Not yet claimed |
| Facts last verified | 31 October 2026 |
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