## Introduction

OpenFX is on a mission to **move money as freely as data, unrestricted by time zones, banking hours, or legacy systems.**

We provide financial institutions with access to enterprise-grade FX & stablecoin liquidity and lightning-fast settlements globally. Traders and developers can use the OpenFX API suite to fully automate the end-to-end trading and settlement process - ensuring instant deposit detection, continuous quote streaming with the tightest spreads in the market, low-latency trade execution and rapid settlements for multiple fiat currencies and stablecoins.

### Why OpenFX?

Financial institutions benefit from:

- Access to multiple currency pairs on a single platform at best-in-class exchange rates
- Immediate trading without the need to pre-fund accounts on the platform
- Instant settlement (T0 i.e. same day) into web3 wallets and bank accounts globally
- Round-the-clock conversions with 24/7 always-on liquidity and white-glove support


### Who we serve:

OpenFX APIs power leading financial services institutions & fintech scale-ups across:

#### Remittance Firms

- Capture significant margin improvement through institutional-grade FX rates that consistently beat traditional banking spreads.
- Unlock substantial balance sheet efficiencies by compressing settlement cycles to same-day execution, enhancing liquidity management.
- Instantly activate new remittance corridors without the need for capital-intensive pre-funding, accelerating market expansion.


#### Neobanks

- Strengthen competitive differentiation by offering customers unmatched FX conversion rates through low-cost, institutional-level liquidity.
- Streamline global treasury functions with seamless multi-currency holdings and conversions, significantly simplifying balance sheet operations.
- Elevate trade operations teams with advanced software solutions providing intelligent trade routing, optimized cash management, and proactive liquidity control.


#### Payment Processors

- Reduce payment processing costs up to 10x by leveraging stablecoin infrastructure and local currency settlement solutions.
- Ensure continuous, 24/7 payment capabilities, enabling funds movement seamlessly across weekends, holidays, and non-traditional banking hours.
- Deliver near-instantaneous global payment experiences, significantly boosting customer satisfaction and operational efficiency.


#### Neo-brokers

- Access market-leading stablecoin-to-fiat exchange rates through direct connectivity with trusted stablecoin issuers, ensuring maximum cost efficiency.
- Eliminate unnecessary and costly conversion steps by directly tapping into local fiat-stablecoin liquidity channels.
- Streamline operations and reduce cross-chain complexities by effortlessly managing liquidity across 9+ leading blockchain networks.


#### Global Payroll Companies

- Distribute global payroll seamlessly at superior FX rates, slashing transaction costs and boosting margins.
- Achieve instant payroll settlements via robust stablecoin and fiat infrastructure, improving reliability and employee/contractor satisfaction.
- Minimize operational overhead and capital needs by removing global pre-funding requirements, freeing capital for strategic growth.