PEXX, a cross-border USD platform built for today’s mobile workforce, has opened its full neo-banking suite to customers in more than 50 countries. The launch delivers four connected products that let users "Bank different, pay different, send different and earn different"—replacing legacy bank delays, paperwork and hidden fees with real-time settlement and transparent pricing. Since its initial launch in 2024, PEXX has empowered users across over 50 countries to move money faster, easier and more affordably than traditional finance. With its expanded platform, PEXX fills three gaps no single provider closes: ● What legacy banks won’t offer: a full-feature USD account you can open from anywhere—no branch visits, no US residency required. ● What crypto exchanges can’t deliver: fast, global crypto-to-fiat transfers that arrive as spendable dollars, off-chain and straight into bank accounts. ● What most neo-banks still lack: on-demand tokenised US-Treasury yield (T-Bills) and real-time stablecoin settlement, working seamlessly and interchangeably with your dollars and Visa card. Together, these capabilities hand the borderless, digital-first generation one modern way to hold, move and grow dollars—wherever life goes next. PEXX gives users everything they expect from a USD bank—without the barriers. Key features include: Borderless virtual USD accounts, daily interest wallet, PEXX card and global off-ramp transfers. In key payment corridors, PEXX has developed stablecoin payment infrastructure to outperform leading global fintech players. PEXX is accessible worldwide—purpose-built for: ● Freelancers, remote workers and creators earning in USD and stablecoins. ● Expats, students and digital nomads managing cross-border payments. ● Startups and small and medium-sized enterprises (SMEs) paying global teams or suppliers. ● Everyday users who want to store—and grow—USD securely. Banking without borders Marcus Lim, CEO and founder of PEXX said, “PEXX gives you everything you expect from a USD bank—except the borders, high fees and friction. Our mission is simple: if you’ve got a passport and a phone, you should have full access to USD, just like anyone else. That’s the future we’re building.” Seed funding and growth roadmap PEXX recently closed over $4 million seed round led by TNB Aura, with participation from Antler and LongHash Ventures, alongside angel investors including Dexter Lo, Kenneth Low. This strategic funding will fuel the company’s next phase—spanning global licensing, product innovation and expansion across Asia, Latin America and the Middle East. PEXX also partners with Fireblocks for secure asset custody and Ripple for ultra-fast global blockchain payments. As an AUSTRAC-registered Digital Currency Exchange (DCE) and remittance dealer and Money Service Business in the US, PEXX combines cutting-edge technology with regulatory compliance to deliver a truly borderless banking experience. Redisseminated by The Asian Banker
