About Forex Express Corp
Forex Express Corp is a company based in Los Angeles (United States) founded in 2005. It operates as a B2C. Forex Express Corp has raised $1 million across 1 funding round. Forex Express Corp operates in a competitive market with competitors including TransferMate, Wallex, Fable Fintech, Payall and Keeta, among others.
- Headquarter Los Angeles, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Series A
Feb 11, 2011
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Investors
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Employee Count
Employee Count
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Funding Insights of Forex Express Corp
Forex Express Corp has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Series A round of $1 million completed in February 2011. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $1.0M
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First Round
First Round
(11 Feb 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2011 | Amount | Series A - Forex Express Corp | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Forex Express Corp
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Forex Express Corp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Forex Express Corp Comparisons
Competitors of Forex Express Corp
Forex Express Corp 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 TransferMate, Wallex, Fable Fintech, Payall and Keeta, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
International B2B payments and receivables are processed globally.
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| domain | founded_year | HQ Location |
Cross-border payments acceptance and management solution for businesses
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| domain | founded_year | HQ Location |
End-to-end cross-border payment solutions are provided for businesses via SaaS.
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| domain | founded_year | HQ Location |
Cross-border remittance solutions for banks are developed and provided.
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| domain | founded_year | HQ Location |
Cross-border monetary transactions are enabled via global payment integration.
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| domain | founded_year | HQ Location |
Cross-border payments acceptance and exchange solutions for merchants and financial institutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Forex Express Corp
When was Forex Express Corp founded?
Forex Express Corp was founded in 2005 and raised its 1st funding round 6 years after it was founded.
Where is Forex Express Corp located?
Forex Express Corp is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Forex Express Corp a funded company?
Forex Express Corp is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Series A of $1M, raised on Feb 11, 2011.
What does Forex Express Corp do?
Forex Express Corp, founded in 2005 in Los Angeles, United States, focuses on finance, fintech, remittances, and online marketplace. Operates an online marketplace for remittances and financial transfers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Forex Express Corp?
Forex Express Corp's top competitors include Fable Fintech, Wallex and TransferMate.