# OpenFX > Move money faster OpenFX is a cross-border payment infrastructure provider. It helps institutional clients settle FX transactions in real time with transparent pricing. OpenFX is a cross-border payment infrastructure company that builds a real-time settlement network for institutional money movement. It replaces layered correspondent banking with direct routing, letting clients execute foreign exchange transactions, settle payments within an hour, and access transparent pricing across a range of currency pairs. The platform is designed for continuous, always-on operation rather than being limited to standard banking hours. The company positions its network as an alternative to a payments system built decades ago, addressing multi-day settlement delays, high transaction costs, and limited operating windows common to traditional correspondent banking. Its infrastructure combines fiat and stablecoin settlement rails, giving clients programmatic access through an API for automating quotes, trades, deposits, and withdrawals. This approach is intended to reduce the working capital that would otherwise sit locked in transit during multi-day transfers. OpenFX offers treasury management tools alongside its core settlement network, supporting predictable pricing at varying transaction volumes. Its services are used by remittance companies, neobanks, brokerages, payment processors, payroll providers, and other payment service providers seeking faster and lower-cost international transfers. The company serves institutional clients across multiple regions rather than individual consumers. - Type: Company - Sector: Payments - Status: Active - Founded: 2024-01-01 - Profile: https://thegrid.id/profiles/openfx ## Products - [OpenFX](https://thegrid.id/profiles/openfx): OpenFX is a payment network providing real-time cross-border FX settlement infrastructure for institutions such as remittance companies, fintechs, payment processors, and digital banks. The platform routes transactions through direct local payment rails and stablecoin settlement, bypassing traditional correspondent banking to shorten settlement times and reduce fees. Users access multi-currency account management, quoting, and treasury automation through a web interface or a trading API supporting programmatic quotes, trades, deposits, and withdrawals. It supports a range of currency pairs and settlement in stablecoins alongside fiat, operating on a continuous basis rather than standard banking hours. (Payment network, Live, Main Product) ## Links - [Main](https://www.openfx.com) - [Privacy policy](https://www.openfx.com/privacy-policy) - [Terms of Service](https://www.openfx.com/terms-and-conditions) - [Blog](https://www.openfx.com/blog) - [Media Kit/branding](https://www.openfx.com/press-kit) - [LinkedIn](https://linkedin.com/company/openfx) - [Twitter / X](https://x.com/openfx_) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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