Thursday, October 16, 2025

Light/Dark

Breaking News

BNP Paribas & Proxymity Transform Shareholder Meetings With Real-Time Connectivity SGX FX and BBVA Announce Partnership to Expand Liquidity in The Americas AmFi and Helix Forge Strategic Partnership to Open Latin America’s Private Credit Market to Asian Investors EXCLUSIVE: “Sharing is Caring” – Jamie Renehan, Bank of Ireland in ‘The Fintech Magazine’ Chainlink Enables Banks to Transact On-Chain Securely and Seamlessly Backbase on AI Execution & Banking Transformation Primer Sets a New Standard for All Checkouts, Combining Simplicity and a Brand-Perfect Experience Klarna Launches Flexible Debit Card and Digital Wallet in UK Zurich Strengthens Its Fraud Defences With Real-time AI, Connecting Industry-Wide Claims Data ACI Worldwide and BitPay Partner to Power Crypto and Stablecoin Payments for Global Merchants and Payment Service Providers Mastercard Survey: 91% of Jamaican SMEs Using Digital Payments Says It Has Led to Business Growth U.S. Bank Establishes New Digital Assets and Money Movement Organization Cross-Border Payments Startup Grey Targets $64B North Africa Market with Morocco and Egypt Launch Yaspa Unveils New Brand Identity as Payments and Identity Fintech Accelerates Global Growth Juspay Partners With HSBC to Build a Full-Stack, Future-Ready Acquiring Solution

Home » People » Shekhar Kirani

Connect

About Shekhar Kirani

https://accel.com/

News

News

OpenFX Raises $23M in Initial Funding to Revolutionize Cross-Border Payments with Real-Time FX Settlement Capabilities

June 23 2025

OpenFX, the FX infrastructure company revolutionizing cross-border payments, today announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company's unprecedented growth from $0 to $10 billion in annualized transaction volume in under 12 months since its stealth launch in early 2024.

Related Companies