Tuesday, May 19, 2026

Light/Dark

Breaking News

The Rise of Private Credit and the Need for Flexible Loan Servicing 88% of UK Customers Would Switch Banks Due to Financial Crime Failures, ThetaRay Report Finds Axiology and Profitus Set Baltic Record with €3.4M Digital Bond Equifax and Mifundo Open Access to Brazilian Credit Data for European Banks SGX FX Adopts Chainlink to Make its Premium OTC FX Data Available to Thousands of On-chain Apps Triathlon Ireland Reduces Financial Reporting From Days to Minutes with AccountsIQ MoneyHash Names Hwan Lee Regional Director for Africa Souhoola Opens Its New Branch at City Stars, Expanding the Reach of Its Financial Services Across the Egyptian Market Instant Payments and the Proliferation of QR-Driven Transactions Sustainable Growth and Building Strategic Capability in Digital Transformation Sygnum Completes First Live AI-Agent Driven Digital Asset Transactions by a Regulated Swiss Bank CMC Markets Launches Spectre Trading Account for Retail Clients Ingenico and Arrive Partner to Power Seamless Payments for On‑Street Parking and Urban Transport Worldwide Zurich Scales Agentic AI to Five Countries in 90 Days Cutting Manual Risk Processing Time by 80% JCB and Wonder Advance Cashless Taxi Payments in Hong Kong

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