Tech Company Financing Transactions
OpenFX Funding Round
OpenFX, based in New York, secured $23 million in funding from Accel Partners, Castle Island Ventures and Faction.
Transaction Overview
Company Name
Announced On
5/23/2025
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand into key Latin American and Asian markets, launch its treasury management solutions, and extend its regulatory framework across strategic jurisdictions.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Our FX infrastructure transforms how finance teams operate, delivering cross-border transfers with industry-leading spreads, real-time settlement and 24/7 availability - no exceptions.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Prabhakar Reddy
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We document every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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