XREX Inc. logo — Redefine banking together

XREX Inc.

Redefine banking together

Founded 2018 Taiwan Taiwan 108 employees Corporate Round Total: $42.75M Crypto, Financial Services +1

General Information

Company Name XREX Inc.
Founded Year 2018
Location Taiwan Taiwan
Employees 108
Industries Crypto, Financial Services, Fintech
Funding Stage Corporate Round
Social

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About XREX Inc.

XREX Inc. is a blockchain-enabled financial institution that aims to redefine banking by collaborating with banks, regulators, and users. Founded in 2018, XREX holds a Monetary Authority of Singapore's Major Payment Institution license and a Taiwan Financial Supervisory Commission's Registered VASP status. The company offers a comprehensive range of services including digital asset custody, wallet, cross-border payment, fiat-crypto conversion, cryptocurrency exchange, asset management, and fiat currency on-off ramps. XREX prioritizes financial inclusion and leverages blockchain technologies to enhance financial participation, access, and education. With its headquarters in Taiwan, XREX has received funding from a diverse group of supporters, including the Taiwan Government National Development Fund, Tether, SBI Holdings (TYO: 8473), CDIB Capital Group (TWSE: 2883), E.Sun Financial Holding (TWSE: 2884), ThreeD Capital (CSE: IDK), Systex (TWSE: 6214), Global Founders Capital (Berlin), Seraph Group (US), Metaplanet Holdings (Estonia), AppWorks (Taipei), WI Harper (San Francisco), BlackMarble (Taipei), and New Economy Ventures (Hong Kong). The most recent corporate round investment of $18.75M was led by Tether on 05 June 2024. XREX's focus on serving small to medium-sized businesses (SMBs) in or dealing with emerging markets, as well as providing novice-friendly financial services to individuals worldwide, positions it as a promising player in the Financial Services and Fintech industries. With its backing from public companies, banks, prominent VCs, and the Taiwanese Government, XREX is well-positioned to continue its mission of redefining banking for the better.

Business keywords: cryptocurrency, financial institution, crypto exchange, remittance, cross-border payment, digital asset custody, escrow services, financial inclusion, regulatory compliance, emerging markets, enterprise-grade banking

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round $18.75M 1
Tether
05 Jun 2024
Seed Round $17.00M 9
CDIB Capital, Outliers Fund +7
20 Apr 2021
Seed Round $7.00M -
01 Jan 2019

XREX Inc. Alternatives & Competitors

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XREX Inc. vs
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XREX Inc. vs
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FAQ About XREX Inc.

Redefine banking together
XREX Inc. was founded in 2018.
XREX Inc. is headquartered in Taiwan.
XREX Inc. operates in Crypto, Financial Services and Fintech. Its work centres on cryptocurrency, financial institution, crypto exchange and remittance.
XREX Inc. has approximately 108 employees.
XREX Inc. has completed 3 funding rounds, raising a total of $42.75M. The latest funding stage is Corporate Round.
Top alternatives and competitors to XREX Inc. include Grey (YC W22), HAYVN, Dollarize, BitOasis, KuBitX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
XREX Inc. and Grey (YC W22) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for XREX Inc., https://bouncewatch.com/company/xrex-inc, updated 1 December 2024. When citing, please name BounceWatch and link this page.

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