FX payments startup OpenFX raises $94 million amid cross-border stablecoin push

By Manya Saini and Anirban Sen NEW YORK, March 31 (Reuters) - OpenFX, a startup that focuses on foreign-exchange market making and remittances, on Tuesday raised $94 million in a funding ‌round led by several venture capital firms, as it looks to use stablecoins to speed ‌up cross-border payments. The capital raise, led by investors including Accel, Atomico, Lightspeed Faction, M13, Northzone and Pantera, comes amid growing ​interest in using stablecoins to modernize cross-border payments and overcome hi ...