About PEXX
PEXX is a company based in Singapore (Singapore) founded in 2024 by Marcus Lim.. PEXX has raised $4.5 million across 2 funding rounds from investors including TNB Aura, Antler and Emo Capital. PEXX has completed 1 acquisition, including ChainDebrief. PEXX offers products and services including Money Transfer Service. PEXX operates in a competitive market with competitors including CoinPip, Chynge, Vodi X, Koinon and remiit, among others.
- Headquarter Singapore, Singapore
- Founders Marcus Lim
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pexx Technology Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.5 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
TNB Aura
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of PEXX
PEXX offers a comprehensive portfolio of products and services, including Money Transfer Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for sending USDT and USDC to bank accounts globally.
Funding Insights of PEXX
PEXX has successfully raised a total of $4.5M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(16 Jul 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Seed - PEXX | Valuation |
investors |
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| Jul, 2024 | Amount | Seed - PEXX | Valuation | TNB Aura |
| 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 |
Investors in PEXX
PEXX has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include TNB Aura, Antler and Emo Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are provided to early-stage tech startups.
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Founded Year | Domain | Location | |
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Early-stage investing and founder support services are offered globally by Antler.
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Founded Year | Domain | Location | |
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Emo Capital is engaged in venture capital investments focusing on blockchain.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PEXX
PEXX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ChainDebrief. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Latest blockchain and crypto news are provided via the platform.
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PEXX
| 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 |
Pexx Comparisons
Competitors of PEXX
PEXX 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 CoinPip, Chynge, Vodi X, Koinon and remiit, 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 |
Bitcoin-based salary remittances are enabled for international employees and freelancers.
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| domain | founded_year | HQ Location |
Digital payments are provided instantly, freely, and safely by Chynge.
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| domain | founded_year | HQ Location |
Blockchain-enabled wallets and decentralized ecosystems are provided for consumers.
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| domain | founded_year | HQ Location |
Diversified remittance solutions for cryptocurrencies are offered cross-border.
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| domain | founded_year | HQ Location |
A decentralized platform for secure remittance and payment solutions.
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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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Latest news on Pexx
Frequently Asked Questions about PEXX
When was PEXX founded?
PEXX was founded in 2024.
Where is PEXX located?
PEXX is headquartered in Singapore, Singapore.
Who is the current CEO of PEXX?
Marcus Lim is the current CEO of PEXX. They have also founded this company.
Is PEXX a funded company?
PEXX is a funded company, having raised a total of $4.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.5M, raised on Jul 16, 2024.
What does PEXX do?
PEXX was founded in 2024 in Singapore as a financial technology company. Stablecoins such as USDT and USDC are transferred directly to bank accounts worldwide, supporting cross-border remittances and payments. Operations focus on individuals and businesses, with services covering global transfers in the fintech sector. The company is headquartered in Singapore.
What products or services does PEXX offer?
PEXX offers Money Transfer Service.
How many acquisitions has PEXX made?
PEXX has made 1 acquisition, including ChainDebrief.
Who are PEXX's investors?
PEXX has 4 investors. Key investors include TNB Aura, Antler, Emo Capital, and Kadan Capital.