OpenFX
PrivateLast Round
Series A
Mar 31, 2026
Est. Valuation
$500M
Total Funding Raised
$117M
Company Overview
OpenFX is a financial technology company that is developing infrastructure for the foreign exchange (FX) market. Founded in 2024 by serial entrepreneur Prabhakar Reddy, the company aims to create a real-time, open, and transparent FX network for near-instant settlement of cross-border transactions. Its platform is designed to make international money transfers significantly faster and cheaper, operating 24/7/365. OpenFX emerged from stealth with $23 million in funding to build what it terms the financial market infrastructure for the AI economy, targeting remittance providers, digital brokerages, and payment platforms. The team operates globally across the US, UK, UAE, and India.
Sector
FinTech
Verticals
Foreign Exchange, Digital Payments, Lending & Credit, Corporate Banking
Business Model
B2B
Customer Profile
Payment Processing Fee, Revenue Share, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
OpenFX Comps
Public and private peers based on sector, stage, and business model.
OpenFX Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Mar 31, 2026 | ||||
| Seed | May 22, 2025 |
OpenFX Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Flybridge | Series A, Seed |
| Faction VC | Series A |
| NFX | Seed |
| Castle Island Ventures | Seed |
| M13 | Series A |
| Northzone | Series A |
| Atomico | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 12, 2026
Opened a new location in downtown Miami, Florida.
- Mar 31, 2026
Launched a real-time FX settlement network for wholesale clients.
OpenFX Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about OpenFX's valuation, stock price, and market status.
