From Dealroom · · 40s
Miami's OpenFX Launches Venture Arm
OpenFX starts venture fund backing payments startups in Miami.
In brief
OpenFX starts venture fund backing payments startups in Miami. OpenFX launched a venture arm to invest in early-stage payments startups using stablecoins. Originally reported by Dealroom.
OpenFX launches venture arm
OpenFX, the cross-border payments company, has launched OpenFX Ventures, a corporate investment arm backing early-stage payments startups.
Backs Jeeves and Cyclops
It has already backed two other Miami fintechs: Jeeves, which raised $110 million in September, and Cyclops, which raised $20 million in July.
Invests in payments infrastructure
The fund will back founders across the US, Europe, Latin America, and APAC targeting credit on blockchain, routing and clearing infrastructure, and AI-native payment operations.
What matters most
OpenFX launched a venture arm to invest in early-stage payments startups using stablecoins.
