CFX provides regulated digital dollar infrastructure for businesses seeking real-time global payment solutions. The platform facilitates the issuance of fully-backed stablecoins redeemable 1:1 for USD, integrated with major U.S. payment rails like ACH and FedWire. This ecosystem enables partners to offer services such as retail cash loading, global payouts across 220+ markets, and yield generation on digital assets.
Funding
$14M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional cross-border transactions often involve high fees, slow processing times, and regulatory complexities, hindering efficient money movement for individuals and businesses. Existing solutions lack seamless integration between digital assets and local currencies, creating friction and limiting accessibility in many markets.
Solution
CFX provides a regulated payment network that facilitates cross-border transactions between digital assets and local currencies. The platform offers real-time payouts and compliance services in over 200 markets, enabling efficient and secure money movement. CFX bridges the gap between digital assets and traditional financial systems by providing wholesale direct access to programmable money services, allowing businesses to grow revenue and increase profits. The platform supports various U.S. payment rails, including retail cash load, Automated Clearinghouse (ACH), and FedWire, and allows users to accept cash at major retail chains.
Target Audience
CFX primarily targets businesses and individuals seeking efficient, regulated, and cost-effective cross-border payment solutions, including fintechs, remittance providers, and enterprises with global operations.
Features
- Real-time global payouts in over 200 markets
- Support for major U.S. payment rails, including retail cash load, ACH, and FedWire
- Ability to accept cash at Walmart, CVS, Walgreens, and 7-Eleven
- Fully-backed dollar stablecoins redeemable 1:1 for U.S. dollars
- KYC/KYB passport for quick user onboarding
- Liquid Treasury feature for maximizing risk-adjusted returns on on-chain assets
- Smart wallet solution for cash acceptance within existing mobile apps or websites