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OpenFX

Founded 2024 · 76 employees on LinkedIn · 12 known investors

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OpenFX operates a real-time settlement network for cross-border payments that replaces traditional international payment systems, enabling businesses to move money across borders significantly faster and cheaper. The platform serves financial institutions and companies needing FX and treasury management, with 24/7/365 operations and settlement within 60 minutes.

Fintech

Founders & leadership

OpenFX was founded in 2024 by Prabhakar Reddy.

PRPrabhakar Reddy
Prabhakar ReddyFounderHe previously founded FalconX, a cryptocurrency firm, and holds an MBA from Harvard.

Investors · 12

Factionlisted by FactionPalo Alto · $50K – $5M

How we know: Faction's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Flybridge Capital Partnerslisted by Flybridge Capital PartnersNew York · $250K – $10M

How we know: Flybridge Capital Partners's portfolio page · the VCSheet dataset · Not right? Tell us

Hash3 Capitallisted by Hash3 CapitalRidgefield · $250K – $1Mvia Hootie Rashidifard · inferred

How we know: Hash3 Capital's portfolio page · Not right? Tell us

M13listed by M13New York · $4M – $7M

How we know: M13's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

MARKHAM VALLEY VENTURESlisted by MARKHAM VALLEY VENTURESMarkhamvia Simu Liu · inferred
Northzonelisted by NorthzoneLondon · $1M – $50M

How we know: Northzone's portfolio page · a partner's Signal profile · open dataset · 5k.vc investor directory · Not right? Tell us

Pantera Capitallisted by Pantera CapitalSan Francisco · $5M – $100M

How we know: Pantera Capital's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Pharsalus Capitallisted by Pharsalus CapitalNew Yorkvia Anthony Ghosn · inferred
Valor Equity Partnerslisted by Valor Equity PartnersChicago

How we know: Valor Equity Partners's portfolio page · Not right? Tell us

Variant Fundlisted by Variant FundNew York · $250K – $750K

How we know: Variant Fund's portfolio page · Not right? Tell us

AtomicoreportedLondon

How we know: a partner's Signal profile · open dataset · 5k.vc investor directory · Not right? Tell us

Related companies · 3

613003This page is UK Financial Conduct Authority consumer guidance explaining how crypto investment scams work, how to spot warning signs, and how to report fraud.
ChainlinkChainlink is an oracle platform that connects onchain applications with offchain data and external systems, serving major financial institutions and DeFi protocols with standards for data, interoperability, compliance, and privacy. The platform enables developers to build tokenized assets, cross-chain workflows, and institutional-grade blockchain applications across capital markets and decentralized finance.
EqualsEquals Money is a spend management and payments platform that lets businesses issue virtual and physical USD expense cards, set spending limits, manage budgets, and reconcile receipts from one dashboard. It also provides USD business accounts with routing and account numbers plus domestic ACH and wire payments for company finance teams.

Companies working in the same space as OpenFX.

Frequently asked questions

What does OpenFX do?
OpenFX operates a real-time settlement network for cross-border payments that replaces traditional international payment systems, enabling businesses to move money across borders significantly faster and cheaper. The platform serves financial institutions and companies needing FX and treasury management, with 24/7/365 operations and settlement within 60 minutes.
Who founded OpenFX?
OpenFX was founded by Prabhakar Reddy in 2024.
Who are OpenFX's investors?
OpenFX's investors include Accel, Faction, Flybridge Capital Partners, Hash3 Capital, M13, MARKHAM VALLEY VENTURES, Northzone, Pantera Capital and 4 more.