# OpenFX

**Source:** https://www.startuphub.ai/startups/openfx
**Profile type:** Startup

> FX infrastructure company revolutionizing cross-border money movement.

## About

OpenFX is an FX infrastructure company focused on revolutionizing the rails that power cross-border money movement. They connect traditional banking systems with digital-native infrastructure, utilizing stablecoins as an intermediary settlement rail to enable near-instant FX conversion and cross-border payments.

## Key facts

- **Slug:** openfx
- **Location:** New York, New York, USA
- **Founded:** 2024-01-01
- **Operating status:** Active
- **Total funding:** $94M
- **Sectors / tags:** Fintech, Blockchain, Payments, Cross-border Payments, Digital Assets

## Frequently asked

### What does OpenFX do?

OpenFX is an FX infrastructure company focused on revolutionizing the rails that power cross-border money movement. They connect traditional banking systems with digital-native infrastructure, utilizing stablecoins as an intermediary settlement rail to enable near-instant FX conversion and cross-border payments.

### What is OpenFX's revenue?

StartupHub estimates OpenFX's annual revenue at $44.9M (range $25.5M to $100.2M, 30% confidence), based on comparable companies in the sector.

### What is OpenFX's valuation?

StartupHub estimates OpenFX's effective valuation at $377.9M (range $235.0M to $564.0M, 24% confidence), based on comparable companies in the sector.

### How much funding has OpenFX raised?

OpenFX has raised a total of $94M in funding. The most recent round on record is Series A.

### Where is OpenFX headquartered?

OpenFX is headquartered in New York, New York, USA.

### When was OpenFX founded?

OpenFX was founded in 2024.

### What industry does OpenFX operate in?

OpenFX operates in Fintech, Blockchain, Payments, Cross-border Payments, Digital Assets.

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