London, United Kingdom
AbbeyCross, founded in 2021 and headquartered in the United Kingdom, positions itself as "The FX payment network of the future, today." The company aims to revolutionize the foreign exchange (FX) payment market infrastructure. By collaborating with global banks, money service businesses (MSBs), non-governmental organizations (NGOs), and their payment providers, AbbeyCross seeks to remove technical integration hurdles, address compliance and continuity concerns, and enhance price transparency in the otherwise fragmented and inefficient FX sector.
The AbbeyCross ABX Platform provides a streamlined and flexible approach to FX payments. It encompasses two pivotal products: ABX Studio, delivering unique market pricing data for enhanced transparency and insight, and ABX Sync, enabling users to execute trades and manage payments with EM FX partners.
In their most recent funding round, AbbeyCross secured a $6.50M seed investment from prominent investors including Gaingels, Third Prime, Valar Ventures, and BNY Mellon as of December 2023.
