XFX raises $17M
XFX announced a Series A round of $17M on 26 March 2026. The company operates in FinTech and is based in United States. It was founded by Santiago Alvarado, CEO & Co-founder.
Founder
Santiago Alvarado
CEO & Co-founder, XFX
Outreach angles
- -Santiago Alvarado and his co-founders all came from Bitso, Latin America's largest crypto exchange, giving them insider knowledge of cross-border FX bottlenecks.
- -Before founding XFX, Alvarado applied civil-engineering systems thinking to financial infrastructure, a combination rare among fintech founders.
- -The $17M Castle Island Ventures-led Series A will fund hiring of quantitative traders and expansion of XFX's currency coverage beyond USD, MXN, and COP.
Signals
Series AFinTechHiringB2BAPI-FirstNew MarketAI-Native
Round details
Company: XFX
Domain: xfx.io
Amount: $17M
Stage: Series A
Industry: FinTech
Country: United States
Announced: 26 March 2026
Other FinTech raises
Recently funded in United States