OpenFx

Financial ServicesSeries ANew York, USopenfx.com

Latest round

Series A

Last raised

Mar 2026

Total raised

$117M

Investors

12

About OpenFx

OpenFx, founded in 2024 in New York, US, focuses on enabling real-time cross-border payments.OpenFx specializes in providing a modern financial infrastructure designed for real-time cross-border payments. Their core offerings include a comprehensive platform that integrates an extensive range of currency pairs, facilitating instant settlements and seamless payouts across 25+ countries. The platform operates 24/7, enabling finance teams to execute transactions without the constraints of traditional banking hours. OpenFx focuses on industries such as remittance companies, neo-brokers, and payment service providers, serving a diverse client base that values speed, competitive pricing, and operational efficiency.OpenFx generates revenue primarily through transactional fees associated with cross-border payments. Clients, which include businesses in the remittance and payment processing sectors, benefit from a transparent pricing model that typically offers lower costs compared to traditional payment rails. For instance, a payment service provider using OpenFx may conduct transactions that enable them to settle funds up to 15 times a day, taking advantage of both local and global currency transfers. The pricing structure is designed to accommodate various business models, including B2B direct transactions and partnerships with financial institutions.

Who invested in OpenFx

12 investors across 2 rounds

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Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.

Funding rounds

  1. Series A

    Mar 31, 2026

    Amount

    $94M

    Investors

    Locked

  2. Seed

    May 22, 2025

    Amount

    $23M

    Investors

    Locked

Questions about OpenFx

Who invested in OpenFx?

OpenFx has 12 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has OpenFx raised?

OpenFx has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did OpenFx last raise money?

OpenFx's most recent round on record is a Series A, in Mar 2026.

What does OpenFx do?

OpenFx, founded in 2024 in New York, US, focuses on enabling real-time cross-border payments.

Where is OpenFx headquartered?

OpenFx is headquartered in New York, US.

Which VCs invest in companies like OpenFx?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at OpenFx's stage. Their profiles are linked below.

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