CFX Labs

Chicago, United States Founded: 2021 • Age: 5 yrs
Blockchain-enabled payment network for cross-border remittance
Annual revenue - Latest available
Total funding $23.5M 2 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 4 Services tracked
Competitors 2 Brand Intelligence

About CFX Labs

CFX Labs is a company based in Chicago (United States) founded in 2021 by Matthew Dixon and Nick Chicago. CFX Labs has raised $23.51 million across 2 funding rounds from investors including Antalpha, Shima Capital and Metropolitan Capital Bank & Trust. CFX Labs offers products and services including MOVEUSD Wallet, Smart Wallet, Liquid Treasury, and CFX MintWire. CFX Labs operates in a competitive market with competitors including Prepay Nation, among others.

  • Headquarter Chicago, United States
  • Founders Matthew Dixon, Nick Chicago
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Cfx Labs Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $23.51 M (USD)

    in 2 rounds

  • Latest Funding Round
    $14.01 M (USD), Series A

    Dec 13, 2024

  • Investors
    Antalpha

    & 8 more

  • Employee Count
    Not available
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Products & Services of CFX Labs

CFX Labs offers a comprehensive portfolio of products and services, including MOVEUSD Wallet, Smart Wallet, Liquid Treasury, and CFX MintWire.

Product name locked
Category locked
Primary

Wallet for issuing and managing fully-backed digital dollars.

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No-code wallet for cash acceptance in apps and websites.

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Service to maximize returns on stablecoin assets.

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Tool for fund collection and disbursement via digital dollars.

People of CFX Labs

Headcount 10-50
Employee Profiles 4
Employee Profiles
People
Darren Faulk, CPA
Chief Financial Officer
People
Nick Chicago
Co-Founder & CEO
People
Kesselle Macapagal
Partnerships & Growth
People
Chris Sillari
Chief Legal Officer & Chief Compliance Officer

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Funding Insights of CFX Labs

CFX Labs has successfully raised a total of $23.51M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14.01 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in CFX Labs

CFX Labs has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Antalpha, Shima Capital and Metropolitan Capital Bank & Trust.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage blockchain technology companies are invested in by the firm.
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Early-stage tech-focused VC firm funding companies in the US
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Investor details for CFX Labs

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Investments & Acquisitions by CFX Labs

Investments
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Investment portfolio details for CFX Labs

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Financial Statements - CFX Labs

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Detailed financials for CFX Labs

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Cfx Labs Comparisons

CFX Labs Primary company
Description
Blockchain-enabled payment network for cross-border remittan...
Location
Chicago, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CFX Labs

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Competitors of CFX Labs

CFX Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Prepay Nation, among others.

Company Name Domain Founded year HQ Location Description
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Cross-border airtime recharges are enabled via global API platform.
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Detailed competitors of CFX Labs

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Latest news on Cfx Labs

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Complete news archive for CFX Labs

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Frequently Asked Questions about CFX Labs

CFX Labs was founded in 2021 and raised its 1st funding round 2 years after it was founded.

CFX Labs is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Nick Chicago is the current CEO of CFX Labs. They have also founded this company.

CFX Labs is a funded company, having raised a total of $23.51M across 2 funding rounds to date.

Blockchain-enabled payment network for cross-border remittance. Provides payment processing solutions for app publishers, marketplaces, and retailers. Enables peer-to-peer money movement, allowing customers to send and receive funds. Enabling global users to leverage blockchain within a secure closed-loop system, to reduce international remittance costs, fraud, and settlement times.

CFX Labs's top competitors include Prepay Nation.

CFX Labs offers MOVEUSD Wallet, Smart Wallet, Liquid Treasury, and CFX MintWire.

CFX Labs has 9 investors. Key investors include Antalpha, Shima Capital, Metropolitan Capital Bank & Trust, Decasonic, and CMT Digital.

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