Funding · Financial Services
OpenFX raises $94 million in funding
By Startup Enthusiast ·
- 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
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