MIAMI, Aug 7 (Bernama) -- OpenFX, the real-time cross-border money movement platform, announced today that it has acquired Global Ledger, founded by Tyler McIntyre. McIntyre previously built and co-founded Novo, a neo-bank serving >300,000 business last valued at over $700M. McIntyre is joining as Head of Banking to accelerate OpenFX’s product expansion and launch multi-currency accounts, with a waitlist available today.
These accounts will let a company's customers pay it locally in their own currency, and let the company hold what arrives rather than converting on receipt. OpenFX is launching with named USD accounts that send and receive over ACH, Fedwire and SWIFT, paying into and out of more than 100 countries, with more to follow. The rails on either side do not need to match: a company can hold dollars and pay a supplier in India over UPI, or give a counterparty a vIBAN and receive USDC in its wallet near instantly.