
XWeave
Streamlined cross-border payments reducing FX risk and operational costs for corporates.
Date | Investors | Amount | Round |
---|---|---|---|
* | $3.0m | Seed | |
Total Funding | 000k |
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Xweave operates in the financial services sector, focusing on facilitating secure and efficient cross-border payments. The company primarily serves corporate clients, especially those involved in international transactions across exotic corridors. Xweave's business model revolves around providing a platform that reduces foreign exchange risk by eliminating the need for prefunding and minimizing exposure to fluctuating rates. This approach not only enhances the efficiency of international transactions but also reduces operational costs for its clients. By supporting the incremental addition of assets and networks, Xweave offers a hyper-scalable solution that allows businesses to expand their remittance operations into new markets without the necessity of establishing multiple liquidity pools in different countries. The company positions itself as a partner of choice by enabling rapid and secure transactions, thus giving its clients a competitive edge in the global market.
Keywords: cross-border payments, FX risk, corporate transactions, scalability, remittance, liquidity, operational efficiency, international markets, secure transactions, financial services.