HK Cross-Border Payment Firm Currenxie Raises $10m in Series A Funding Round

Hong Kong-based cross-border payment startup Currenxie has closed the $10m Series A funding round led by BF Belmont.

Currenxie intends to use the fundraising to further expand its offerings, secure new licenses and authorisations, and extend footprints into new markets. Moreover, it plans to strengthen its work force.

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Reportedly, Gordon Kwong, a former partner of a big four international accounting firm, will be added to Currenxie’s board as the official investor representative.

“From the start, we have focused on building a platform that will give our clients access to a truly borderless economy. Thanks to BF Belmont, we’re now able to accelerate our global growth and expansion plans – creating more value that will be transferable to our clients. The demand for seamless cross-border solutions will only increase, and our high calibre team is ready for this opportunity,” said CEO Riccardo Capelvenere.