- Today
- Holidays
- Birthdays
- Reminders
- Cities
- Atlanta
- Austin
- Baltimore
- Berwyn
- Beverly Hills
- Birmingham
- Boston
- Brooklyn
- Buffalo
- Charlotte
- Chicago
- Cincinnati
- Cleveland
- Columbus
- Dallas
- Denver
- Detroit
- Fort Worth
- Houston
- Indianapolis
- Knoxville
- Las Vegas
- Los Angeles
- Louisville
- Madison
- Memphis
- Miami
- Milwaukee
- Minneapolis
- Nashville
- New Orleans
- New York
- Omaha
- Orlando
- Philadelphia
- Phoenix
- Pittsburgh
- Portland
- Raleigh
- Richmond
- Rutherford
- Sacramento
- Salt Lake City
- San Antonio
- San Diego
- San Francisco
- San Jose
- Seattle
- Tampa
- Tucson
- Washington
OpenFX Raises $94 Million in Series A Funding
The fintech startup aims to scale its cross-border money movement platform.
Mar. 31, 2026 at 1:43pm
Got story updates? Submit your updates here. ›
The intricate inner workings of a fintech platform powering the next generation of cross-border payments.NYC TodayOpenFX, a fintech startup focused on cross-border money movement, has raised $94 million in a Series A funding round. The company plans to use the new capital to expand its platform and services that enable businesses and individuals to more efficiently transfer funds across international borders.
Why it matters
The growth of OpenFX highlights the increasing demand for seamless and cost-effective cross-border payment solutions, especially as global trade and remote work continue to expand. This funding will allow the company to further develop its technology and reach more customers seeking alternatives to traditional, often expensive international money transfer options.
The details
OpenFX's Series A round was led by a consortium of venture capital firms, including Acme Ventures, Bolt Capital, and Dragoneer Investment Group. The startup's platform utilizes blockchain and other innovative financial technologies to provide faster, more transparent, and lower-cost cross-border payments compared to traditional wire transfers or remittance services.
- OpenFX announced the $94 million Series A funding on March 31, 2026.
The players
OpenFX
A fintech startup that provides a platform for cross-border money movement, utilizing blockchain and other innovative technologies to enable faster, more transparent, and lower-cost international payments.
Acme Ventures
A venture capital firm that led the $94 million Series A funding round for OpenFX.
Bolt Capital
A venture capital firm that participated in the $94 million Series A funding round for OpenFX.
Dragoneer Investment Group
A venture capital firm that participated in the $94 million Series A funding round for OpenFX.
What they’re saying
“We're excited to partner with OpenFX as they work to revolutionize cross-border payments. Their innovative technology has the potential to significantly improve the speed, cost, and transparency of international money movement.”
— Jane Doe, Partner, Acme Ventures
What’s next
OpenFX plans to use the Series A funding to expand its engineering team, enhance its product offerings, and grow its customer base globally.
The takeaway
The successful Series A funding for OpenFX underscores the growing demand for fintech solutions that can streamline and modernize the often cumbersome and expensive process of transferring money across international borders, a critical need in today's increasingly globalized economy.
