Cross-Border Payments Startup OpenFX Raises $94 Million at $500 Million Valuation
OpenFX has raised $94 million in a funding round led by Accel and Lightspeed Faction, valuing the fintech infrastructure startup at around $500 million.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $94 M |
| Stage | Seed |
| Valuation | $500 million |
| Lead investor | Accel |
| Sector | Openfx |
| Coverage | Startup Funding |
OpenFX, a fintech infrastructure startup focused on cross-border payments, has raised $94 million in a new funding round led by Accel, Lightspeed Faction, M13, Northzone, and Pantera.
The Raise
Key Highlights:
What OpenFX Does
OpenFX is building the rails for modern cross-border payments:
Market Opportunity
Cross-border payments remain one of fintech's largest unsolved problems:
Growth Trajectory
From a $23 million seed to a $94 million round in under a year signals explosive product-market fit and rapidly scaling transaction volumes across OpenFX's payment corridors.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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