OpenFX
820 N French St, Wilmington, Delaware, 19801, United States
Overview
OpenFX is redefining the future of global money movement. We enable money to flow across borders as effortlessly as data, unbound by time zones, legacy systems, or banking hours. Our FX infrastructure transforms how finance teams operate, delivering cross-border transfers with industry-leading spreads, real-time settlement and 24/7 availability. We are a team of serial entrepreneurs from Affirm, BofA, Charles Schwab, Goldman Sachs, Intuit, JPM, Kraken, Microsoft, Meta, PayPal, and Slack.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 2
- Active investors
- 4
Sector focus
- Embedded Software
- Finance
- Financial Exchanges
- Foreign Exchange Trading
- Trading Platform
- Transaction Processing
Investment portfolio
- Cyclops
Participated · Series A · Jul 2026
Cyclops offers an all-in-one stablecoin platform purpose-built for payments companies, providing orchestration and full-stack integrations to enable stablecoin settlement, pay-ins, payouts and treasury optimization via a single API. The company emphasizes end-to-end integrations with leading providers across the stablecoin stack and proprietary technology layered on top to simplify payments use cases. Cyclops claims product and license redundancy in major markets, with dozens of partners and over 100 global licenses. Its founding team includes payments veterans Alex Wilson and Pat Duffy and international technology lawyer David Johnson, who shaped the company’s approach to global licensing. Operational metrics disclosed at the time of the raise include a merchant network of 300,000, 350% month-over-month volume growth, and a headcount of 31 with plans to double by year end. The company plans to use the Series A proceeds to accelerate product development, expand local teams and licensing, and scale its go-to-market efforts.
- Levl
Participated · Seed · Feb 2026
Levl operates an infrastructure layer that lets businesses collect, store, convert and transfer money across borders in either fiat currencies or stablecoins such as USDC and USDT. The platform replaces the 3–5-day delays of correspondent banking with same-day settlement while beating interbank FX rates and currently supports payouts to more than 75 countries. In its first four months, Levl surpassed an annualized $1 billion in transaction volume and now serves over 1 million end-users through clients like TerraPay, TapTap Send and Nala. Founded in 2023 after being spun out of Galaxy Digital, the company is led by former AQR FX trader Jaisel Sandhu and draws talent from PayPal, Deutsche Bank, BlackRock and other major institutions. Levl is regulated in Switzerland and Canada and maintains offices in London, New York, Canada and Switzerland. Future product expansion will target B2B cross-border transfers, card and stablecoin payment processing, and lending solutions, leveraging the new capital to deepen its feature set and geographic reach.