OpenFX

OpenFX

Infrastructure powering instant, borderless finance with transparent fees and minimal market impact.

HQ location
New York City, United States
Website
Launch date
Enterprise value
$92—138m
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OpenFX is at the forefront of transforming global finance by facilitating seamless, real-time cross-border foreign exchange payments. The company operates in the financial services sector, targeting institutional clients and money remitters who require efficient and cost-effective solutions for international money transfers. OpenFX's business model revolves around providing a robust infrastructure that enables 24/7 money movement, offering institutional-grade pricing with transparent fees and minimal market impact. By leveraging advanced technology, OpenFX achieves 90% faster settlement times and reduces costs by 80% compared to traditional FX methods. The company generates revenue through transaction fees and service charges, positioning itself as a key player in the evolving landscape of modern finance.

Keywords: cross-border, finance, FX payments, real-time, settlement, institutional, remitters, infrastructure, transparent, global.

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