# OpenFX, a startup that focuses on foreign-exchange market making and remittances, raises $94 million.

*fintech · news · 2026-03-31 · MarketScreener*

## Key points

- OpenFX raised $94 million in a funding round, valuing the company at $500 million.
- Over 98% of OpenFX transactions settle in under 60 minutes using stablecoins.
- OpenFX processed $45 billion in annualized payment volume, up from $4 billion last year.
- The new funding will support expansion into Southeast Asia and Latin America.

**Countries:** United States, United Kingdom, United Arab Emirates, India

[Read the full story on MarketScreener](https://www.marketscreener.com/news/fx-payments-startup-openfx-raises-94-million-amid-cross-border-stablecoin-push-ce7e51dedb8cff26)

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