Karan Shah

building @openfx_ | previously @Accel @ycombinator @MIT

[Karan Shah @karan705]

@jevgenijs This is exactly what we’ve built at @openfx_ … we now onramp in sub-10 mins and off-ramp in ~30m. Banks may enter, but do not allow for realtime settlement (as they don’t in FX either)

[Karan Shah @karan705]

@Plasma 🔥🚀

[Karan Shah @karan705]

@Hootie_R This is the bit we see playing out live - clients are building payment flows that literally weren't possible when settlement took days. We keep finding use cases we never modelled for.. speed doesn't just improve existing markets - it creates ones that didn't exist!

[OpenFX @openfx_]

There are two ways to touch 8 billion lives: acquire 8 billion individual customers, or build the infrastructure for the institutions that already serve them.

We chose the latter.

Today we're announcing OpenFX’s $94M Series A from @Accel, @atomico, @FactionVC, @M13Company , @northzoneVC, @PanteraCapital, and with support from existing investors @flybridge and @hash3xyz.

[Karan Shah @karan705]

When my ex colleague and dear friend @prabhakar2reddy was gearing up for his next big thing, it felt like an opportunity of a lifetime to hop aboard to @openfx_ .

Cut to 2 years later - $45Bn in payments volume, $100M+ capital raised, 100 people spanning SF to Singapore. We're just getting started! 🚀

Thank you for the support @Accel, @atomico, @FactionVC, @flybridge, @hash3xyz, @M13Company, @northzoneVC, @PanteraCapital

[Prabhakar Reddy @prabhakar2reddy]

https://t.co/TWbSq4wYki

[BobCasey @BobCasey]

https://t.co/Lb8DfW62tW

[Karan Shah @karan705]

@AlanaDLevin Rising tide lifts all boats! 🙌 @openfx_

[Karan Shah @karan705]

@thazhmon @JamavarLondon Pleasure was all mine! Next meal we swipe on a @jeeves_inc card ;)

[Alana Levin @AlanaDLevin]

Very few companies operating at the same level as @openfx_

What a rocketship

[Karan Shah @karan705]

@EverettRandle @benchmark Congrats mate! 🚀

[OpenFX @openfx_]

One more thing... We raised $23M in our early funding from @Accel as we blazed past $10 Bn in annualized TPV in FX volume!

https://t.co/og7IrXm5lW

[Karan Shah @karan705]

Excited to kick off my next innings! 🚀🚀

[OpenFX @openfx_]

https://t.co/9p7gYKvyDQ

[Karan Shah @karan705]

@JamesAlcorn94 @lightspeedvp 🔥🔥🔥🔥

[Karan Shah @karan705]

@deedydas 🤣 best one so far! 👏👏

[Karan Shah @karan705]

@ankurnagpal @LoganUllyot ✈️

[Karan Shah @karan705]

@arnavsahu341 Narrative violation: there’s more people working longer hour workweeks in NYC vs SF (fin/consulting/law hours vs tech).

[Karan Shah @karan705]

@kalemayank29 Atleast their targeting systems are running accurately ;)

[Karan Shah @karan705]

@YourStoryCo @vivekanandahr @bounceshare Congrats folks!! Good to see you guys cranking 🔥🔥

[Karan Shah @karan705]

@_ram_ @OctahedronCap Thanks Ram! I had a good teacher 😃

[Anu Hariharan @anuhariharan]

1/ New post on @brexHQ: The Future of Business Banking with @ndardenn and @karan705
https://t.co/CuhuZWPobG