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§ Private Profile · Menlo Park, CA, USA
Fintech platform providing cash management, global payouts, and payments for SMBs, focused on cross-border operations and the U.S.–Mexico corridor.
EFEX is a financial technology company based between Palo Alto, California, and Mexico City, Mexico, that provides a comprehensive cash management and cross-border payments platform for small and medium-sized business customers. The software features multi-currency business accounts, transparent foreign exchange execution, hedging tools like forwards, and partner credit facilities accessed through a centralized digital interface. Utilizing an artificial intelligence system and a broker-led model, the platform empowers foreign exchange brokers to deliver enterprise-grade services, enabling same-day settlement across the United States and Mexico trade corridor alongside global payouts to over 140 countries. The organization generates operational revenue by charging for its payments, treasury tools, and credit services, recently raising $8 million in seed funding co-led by PayPal Ventures to support expansion into markets beyond Latin America. EFEX was founded in 2022 by Dimitri Zaninovich and Santiago Bustamante.
EFEX has raised $8.0M across 1 funding round.
EFEX has raised $8.0M in total across 1 funding round.
EFEX has raised $8.0M in total across 1 funding round.
EFEX's investors include Floodgate, Ian Cox, Contour Venture Partners, Nido Ventures.
EFEX has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Seed in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 20, 2026 | $8M Seed | Floodgate, IAN COX | Contour Venture Partners, Nido Ventures | Announced |