Xrex: Launches crypto fiat Exchange-as-a-Service platform

  • Xrex, a blockchain TradeTech company serving cross-border businesses that operate in emerging economies
  • Announced the launch of MyXchange, a first-of-a-kind digital currency Exchange-as-a-Service (EaaS) platform
  • MyXchange makes it easy for any MTO to run a secure crypto-fiat exchange that features full KYC
  • MyXchange simplifies creating a secure exchange, passing along low fees with seamless cross-border escrowed payments across emerging markets
  • XREX backed by well-known venture capital firms AppWorks, WI Harper, BlackMarble, and CDIB
  • XREX provides all of the technology needed for MTOs to facilitate international trade finance
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Visa and Ramp Boost Bill Pay Automation with Agentic AI

New integration aims to streamline corporate expense management processes. Highlights: Visa and Ramp announce partnership to automate corporate bill...

TikTok Seeks Financial Services Licenses in Brazil, Expanding Digital Reach

The platform aims to tap into Brazil's growing fintech market. Highlights: TikTok is applying for financial services licenses in...

CaixaBank Strengthens Crypto Investment Services for Clients

The bank expands its offerings to include digital asset investments. Highlights: CaixaBank introduces cryptocurrency investment services to its clients.Clients...

Monzo Shuts Down US Business to Focus on European Expansion

The UK-based fintech firm redirects efforts towards Europe amid challenges. Highlights: Monzo announces the closure of its US business.The...