OpenFx funding, investors and company details
OpenFx is an emerging Financial Services - Fintech - Payments startup from Bengaluru, working in the space of Fintech infrastructure company building real-time, cross-border payment systems that make global money movement. Founded by Prabhakar Reddy.
- Company: Red Envelope Delta, Inc
- Sector: Financial Services - Fintech - Payments
- Location: Bengaluru
- Founders: Prabhakar Reddy
- Total funding raised: ₹1,093.86 Cr
Company overview
OpenFX is a fintech infrastructure company building real-time, cross-border payment systems that make global money movement as seamless as the internet. Its platform replaces outdated banking rails with a 24/7 network offering instant FX settlements that are up to 99% faster and 90% cheaper than traditional systems. Founded in 2024 by serial entrepreneur Prabhakar Reddy, OpenFX enables businesses to move money globally with speed, transparency, and reliability using API-based integrations and multi-layer liquidity architecture. The company positions itself as the foundational financial infrastructure for the AI-driven global economy.
Funding rounds
- Latest round: $ 94.00 Mn (₹897.14 Cr.), 2026-04-01. Investors: Lightspeed Faction, M13, Northzone, Pantera Capital
- Past round (Seed): $ 23.00 Mn (₹196.72 Cr.), 2025-05-23. Investors: Accel, NFX, Lightspeed, Castle Island Ventures, Flybridge, Hash3