PEXX Raises $4.5 Million in Seed Funding to Revolutionize Cross-Border Payments
PEXX, a fintech startup specializing in cryptocurrency and blockchain technology, has raised $4.5 million in seed funding. This funding will help PEXX develop its innovative stablecoin-to-fiat payment platform, which is designed to make it easier for people to transfer money across borders.
How PEXX Works
The PEXX platform allows users to convert stablecoins like USDT and USDC directly into fiat currencies and send them to bank accounts around the world. This eliminates the need for intermediaries and bank accounts, making cross-border payments faster and more efficient.
Investor Confidence in PEXX’s Vision
The funding round was led by TNB Aura, with participation from Antler, EMO Capital, and other notable investors. These investors believe that PEXX has the potential to disrupt the traditional financial system and make it easier for people to access and use cryptocurrencies.
PEXX’s Plans for the Future
PEXX plans to use the funding to grow its engineering and product teams, as well as expand its marketing and business development efforts. The company is focused on building a compliant and secure platform that meets the needs of its users.
A Bridge Between Web3 and the Real World
EMO Capital, a research-driven investment player, believes that PEXX is building a bridge between the Web3 world and the real world. This will make it easier for people to convert their digital assets into everyday purchases.
PEXX is a promising company with a solid vision and a strong team. The company is well-positioned to become a leader in the rapidly growing cross-border payments market.
If you’re interested in learning more about PEXX, visit their website: [linktr.ee/pexxme](https://linktr.ee/pexxme)
