Why OpenFX?
Financial institutions benefit from:- Access to multiple currency pairs on a single platform at institutional exchange rates.
- Immediate trading without the need to pre-fund accounts on the platform.
- Same-day (T0) settlement into web3 wallets and bank accounts globally.
- Round-the-clock conversions with 24/7 liquidity and operational support.
Who we serve
OpenFX APIs are used by financial services institutions and fintechs across the following segments.Remittance firms
- Margin improvement through institutional FX rates that beat traditional banking spreads.
- Balance sheet efficiency by compressing settlement cycles to same-day execution.
- Activate new remittance corridors without capital-intensive pre-funding.
Neobanks
- Offer customers better FX conversion rates through institutional liquidity.
- Manage global treasury with multi-currency holdings and conversions.
- Equip trade-operations teams with trade routing, cash management, and liquidity controls.
Payment processors
- Reduce payment processing costs by using stablecoin infrastructure and local-currency settlement.
- Continuous 24/7 payment capability across weekends, holidays, and non-banking hours.
- Near-instant global payment experiences.
Neo-brokers
- Stablecoin-to-fiat exchange rates through direct connectivity with stablecoin issuers.
- Avoid extra conversion steps by tapping local fiat–stablecoin liquidity channels.
- Manage liquidity across 9+ blockchain networks from one integration.
Global payroll companies
- Distribute global payroll at competitive FX rates, lowering transaction costs.
- Faster payroll settlement via stablecoin and fiat infrastructure.
- Reduce operational overhead and capital needs by removing global pre-funding requirements.