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Funding · Financial Services

OpenFX raises $94 million in funding

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Date
Company
OpenFX
What it does
Financial services platform
Kind
Funding
Amount
$94M
Founded
2024
Sector
Financial Services

What they do

OpenFX is a financial services platform for businesses

What happened

It raised $94 million as part of a weekly roundup of 21 Indian startups

Why it matters

The funding was the largest among startups that raised over $190M that week

The details

  • OpenFX raised $94 million in funding.
  • It was one of 21 Indian startups that raised over $190 million from March 30 to April 04, 2026.
  • The funding round was the largest among those disclosed that week.
  • Other startups that raised money include Palmonas ($40M), Bachatt ($12M), and Gnani.ai ($10M).
  • Several startups like GPSR Arya and KuKu FM kept their funding figures undisclosed.
  • The previous week Indian startups raised over $331 million, led by Rocketlane's $60M round.

The bigger picture

  • OpenFX raised the most capital among startups in that week's roundup.
  • The overall weekly funding dropped from $331M to $190M compared to the prior week.

The deal

Type
funding

About OpenFX

Product
fintech infrastructure startup
Customers
B2B treasury and remittance users
How it makes money
Charges businesses for cross-border foreign exchange and payments infrastructure
What sets it apart
Stablecoin-native network that settles faster and cheaper, with transfers under an hour

Other articles talking about it

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Same day

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