OpenFX revenues grow 11x with $80B in annualized payments volume

OpenFX achieved an 11x growth in revenue and an 8x increase in payments volume, reaching $80 billion annualized transactions, up from $10 billion a year ago.

The company fosters growth by building reliable financial infrastructure for markets with inefficient FX systems, like Latin America, and enables real-time cross-border payments.

A client grew from $0 to $100M TPV in 17 days, saving $30–50M capital that would otherwise have been tied up.

Operating in 12 currencies, OpenFX has less than one-tenth of 1% of the cross-border payments market, indicating significant future growth potential.