FundedIQ
Financial Services

OpenFX: Funding, Investors & Team (Sep 2026)

OpenFX is reshaping the way money is transferred internationally, making it as easy and seamless as sending data. Our infrastructure revolutionizes the way finance teams work by providing low spreads, instant settlement, and round-the-clock availability for cross-border transfers. Our team consists of experienced entrepreneurs from various well-known companies.

www.openfx.com LinkedIn New City, United States 11-50 employees
Embedded Software Embedded Systems Finance Financial Exchanges Financial Services Foreign Exchange Trading Trading Platform Transaction Processing
Total raised
$117M
Rounds
2
Latest
Series A
Mar 2026

OpenFX has raised $117M across 2 funding rounds on record, the most recent a Series A of $94.0M announced in Mar 2026.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

OpenFX Company Profile and Key Stats

Total funding raised
$117M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$94.0M in Mar 2026
Employees
11-50
reported band
Headquarters
New City, United States

Latest funding round on record: Mar 2026.

OpenFX Funding Rounds

Date
Round
Amount
Series A
$94.0M
Undisclosed round
$23.0M

OpenFX raised $23.0M in an undisclosed round announced in May 2025.

10 months later, a Series A of $94.0M was announced in Mar 2026.

OpenFX Founders and Leadership Team

Name
Role
Contact
Prabhakar Reddy
Founder
Locked

Contact details for the OpenFX team: 1 of 1 has an email address on file.

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OpenFX Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,981
$7.5M
8,457
$15M

OpenFX's latest round of $94.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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OpenFX Funding FAQs

What does OpenFX do?

OpenFX is reshaping the way money is transferred internationally, making it as easy and seamless as sending data. Our infrastructure revolutionizes the way finance teams work by providing low spreads, instant settlement, and round-the-clock availability for cross-border transfers. Our team consists of experienced entrepreneurs from various well-known companies.

How much funding has OpenFX raised?

OpenFX has raised $117M across 2 rounds on record. The most recent is a Series A of $94.0M announced in Mar 2026.

When did OpenFX last raise funding?

OpenFX's most recent funding round on record is a Series A of $94.0M, announced in Mar 2026.

Who founded OpenFX?

FundedIQ lists Prabhakar Reddy (Founder) at OpenFX.

Where is OpenFX headquartered?

OpenFX is based in New City, New York, United States.

How many employees does OpenFX have?

OpenFX is in the 11-50 employee band.

How does OpenFX's funding compare to other Financial Services startups?

OpenFX's latest round of $94.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.

About FundedIQ's OpenFX Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for OpenFX is left off this page rather than filled in.

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