Exclusive: Foreign exchange startup XFX raises $17 million to help businesses go between cash and stablecoins

In a world increasingly dependent on instant access and seamless global interactions, money no longer moves at the pace of banks—it moves at the speed of technology.
Legacy systems for cross-border payments are slow, opaque, and costly. Funds often get stuck in transit, require pre-funded accounts, and incur layers of hidden fees. But a new wave of infrastructure is changing that. Emerging fintech solutions are setting a new standard, enabling businesses to move money globally in minutes—with the kind of efficiency and control once reserved for only the largest institutions.

Direct Access to Wholesale Liquidity & Settlement Rails

One of the key breakthroughs in modern finance is the ability to bypass intermediaries and tap directly into wholesale liquidity and multi-network payment rails. This means companies operating in high-volume or complex markets can access capital faster and more efficiently. By streamlining liquidity access, businesses can respond to market demands in real time—no more waiting days for international wires to clear or battling friction between incompatible banking networks.

Real-Time Settlement: Unlocking Trapped Capital

Real-time settlement goes beyond speed—it’s about freeing capital. Traditional finance often requires maintaining balances in multiple currencies or jurisdictions to cover payment delays and exchange risk. With instant settlement, that capital is no longer locked in pre-funded accounts. Businesses can move funds across borders instantly, optimize their working capital, and reduce reliance on credit lines—unlocking opportunities to reinvest and grow.

Cross-Asset Liquidity: Fiat Meets Digital

In today’s financial environment, the lines between fiat currencies and digital assets are blurring. Forward-looking payment platforms offer access to deep liquidity pools that support not just dollars and euros, but also stablecoins and other digital assets. This allows for competitive pricing across asset types, supporting new use cases like global payroll in stablecoins, treasury management in digital dollars, and remittance services that sidestep volatile exchange rates.