frex

According to Eletsonline, Indian blockchain remittance startup Frex announced the completion of a Pre-Seed funding round of 95 million Indian Rupees (approximately 1.05 million USD), led by Zeropearl VC and White Venture Capital, with participation from a group of angel investors. The company has built a real-time remittance solution leveraging blockchain technology and the advantages of local banking partners, primarily providing cross-border remittance services for immigrants and overseas workers.

Indian blockchain remittance startup Frex announced the completion of a ₹95,000,000 (approximately $1.05 million) Pre-Seed funding round, led by Zeropearl VC and White Venture Capital, with participation from a group of angel investors. The company has built a real-time remittance solution leveraging blockchain technology and the advantages of local banking partners, primarily targeting immigrants and overseas workers for cross-border remittance services.