Established in 2021, CFX Labs Inc. is a U.S.-based fintech innovator enabling 350 million global users leverage state-of-the-art blockchain within a secure closed-loop system, to significantly reduce traditional international remittance costs, fraud, and settlement times. Projected to expand its network to over 1.2 billion individuals by the end of Q2 2024, CFX integrates with key payment infrastructures in the United States, Mexico, Brazil, India, Nigeria, and additional African countries. The platform ensures transactional security and compliance through robust AML / KYC measures, thereby offering a secure, efficient, and user-centric experience for global money movement.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
11/15/23 | $9,500,000 | Seed |
Antalpha CMT Digital Corazon Capital Decasonic Hard Yaka Kraken Ventures Metropolitan Capital Bank & Trust New Form Capital Shima Capital | undisclosed |