OpenFX to acquire Embed, adding European payments infrastructureLONDON, June 02, 2026 (GLOBE NEWSWIRE) -- OpenFX has agreed to acquire Embed B.V., a licensed payments infrastructure business based in Amsterdam. The transaction marks OpenFX's first regulated presence in the European Economic Area and the United Kingdom. Closing is subject to regulatory approval and expected in Q3 2026. Terms were not disclosed.
OpenFX Raises $94 Million Series A to Scale Cross-Border Money Movement
OpenFX, the FX infrastructure company revolutionizing the rails powering cross-border money movement, today announced it has raised $94 million in Series A funding from Accel, Atomico, Lightspeed Faction, M13, Northzone, & Pantera.
OpenFX Raises $23M in Initial Funding to Revolutionize Cross-Border Payments with Real-Time FX Settlement Capabilities
OpenFX, the FX infrastructure company revolutionizing cross-border payments, today announced its emergence from stealth with $23 million in funding led by Accel, with participation from NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3 and strategic fintech investors. This milestone follows the company's unprecedented growth from $0 to $10 billion in annualized transaction volume in under 12 months since its stealth launch in early 2024.
