Fundz

PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform

PRIVATEJul 16, 2024

Amount Raised

$4.5 Million

Round Type

Seed

SingaporeFinancial ServicesFintech

Investors

Emo CapitalAntlerTNB Aura

Description

PEXX, a pioneering fintech startup specialising in cryptocurrency and blockchain technology, has successfully closed a $4.5 million seed funding round. This significant investment will propel the development of the company’s innovative stablecoin-to-fiat payment platform, set to revolutionise the way people transfer currencies across borders.

Quick answer

PEXX raised $4.5 Million in a Seed round, dated July 16, 2024. Investors: Emo Capital, Antler and TNB Aura. PEXX is based in Singapore, Southeast Asia, Singapore.

How much did PEXX raise?
PEXX raised $4.5 Million in a Seed round on July 16, 2024.
Who invested in PEXX?
Emo Capital, Antler and TNB Aura are named as investors in this round.
What does PEXX do?
PEXX is a pioneering stablecoin cross-border payment platform that simplifies global money transfers.
Where is PEXX based and how big is it?
PEXX is based in Singapore, Southeast Asia, Singapore.
Who are the decision-makers at PEXX?
Fundz holds 1 contact at PEXX. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as PEXX that raised within 45 days of this round, from Fundz verified event records.

  • QNB raised $40M on August 30, 2024.
  • Bee Informatica raised an undisclosed amount (Seed) on August 30, 2024.
  • Kredete raised $2.3M (Seed) on August 30, 2024.
  • Ensysce Biosciences raised $5.1M on August 29, 2024.
  • TBC Bank Uzbekistan raised $25M (Debt Financing) on August 29, 2024.
  • Parafin raised $93M (Funding Round) on August 28, 2024.

Who to call at PEXX, and when

A new round usually means PEXX is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day PEXX raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at PEXX, from your own LinkedIn network

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Company Information

Company

PEXX

Location

Singapore, Southeast Asia, Singapore

About

PEXX is a pioneering stablecoin cross-border payment platform that simplifies global money transfers. By offering secure, fast, and cost-effective solutions, PEXX enables users and businesses to off-ramp stablecoins like USDT and USDC to fiat in 16 currencies directly into bank accounts. PEXX has obtained AUSTRAC registration, ensuring regulatory compliance and fostering customer trust.

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PEXX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.