XanPool is a technology company.
XanPool has raised $68.0M across 2 funding rounds.
XanPool has raised $68.0M in total across 2 funding rounds.
XanPool is a fintech company building open finance infrastructure that enables faster, cheaper, and lower-risk global money transfers by connecting bank accounts, e-wallets, and cryptocurrency wallets through custom software APIs.[1][2][3] It primarily serves cryptocurrency exchanges, wallets, businesses, and consumers in APAC and beyond, solving cross-border payment inefficiencies like high costs, slow settlements, and limited local payment access by creating a non-custodial C2C liquidity network.[1][2][3] With operations in 12 countries, integrations with apps like Toss, ViettelPay, GoPay, PayNow, and PayID, and over 400 companies using its services, XanPool has raised $72.4 million total, including a $41 million round in 2022, demonstrating strong growth momentum toward 10 million users.[1][2]
Founded in 2019 in Hong Kong (with some sources noting Singapore ties), XanPool was established by CEO Jeffrey Liu to address gaps in crypto-fiat settlements and cross-border payments.[1][2][5] Liu, drawing from fintech expertise, created a decentralized network leveraging idle liquidity from crypto funds, money service operators, and businesses, enabling trustless connections without XanPool holding funds.[2] Early traction came from rapid APAC expansion to 12 countries and 500,000 users by 2021, fueled by a $27 million Series A led by Valar Ventures (with Taavet Hinrikus, CMT Digital, Gumi Cryptos, and Antler), bringing total funding over $32 million at that point and enabling KYC automation and local payment integrations.[2]
XanPool rides the wave of crypto adoption and fast payment systems in emerging markets, particularly ASEAN, where unbanked foreigners and businesses need local-like transactions without traditional banking.[1][2] Its timing aligns with rising crypto liquidity challenging cross-border payments, APAC's e-wallet boom (e.g., Toss, ViettelPay), and regulatory pushes for compliant gateways, positioning it as a SWIFT-like network for crypto, fiat, and e-wallets.[2][4] By enabling 400+ platforms and targeting 10 million users, it democratizes global liquidity, reduces remittance costs, and influences fintech by bridging Web3 with real-world payments in high-growth regions.[2]
XanPool is poised to expand beyond APAC as crypto regulations mature and fast payments proliferate globally, potentially hitting scale with deeper dApp and exchange integrations.[2][3] Trends like tokenized assets and CBDCs could amplify its non-custodial model, evolving it into a universal settlement layer amid rising demand for efficient, compliant crypto ramps.[2][4] Its influence may grow by powering more "super apps" and liquidity networks, solidifying its role in open finance—much like its origins in making global money movement as seamless as local transfers.[1]
XanPool has raised $68.0M in total across 2 funding rounds.
XanPool's investors include Altair Capital Management, Illuminate Financial Management, Target Global, 100X.VC, Valar Ventures.
XanPool has raised $68.0M across 2 funding rounds. Most recently, it raised $41.0M Series B in March 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2022 | $41.0M Series B | Altair Capital Management, Illuminate Financial Management, Target Global | |
| Sep 1, 2021 | $27.0M Series A | 100X.VC, Valar Ventures |