The PEXX USD neo-bank aims to fill gaps such as a full-feature USD account, fast, global crypto-to-fiat transfers, and tokenised T-Bills.
Cross-border USD platform PEXX launched its full neo-banking suite to customers in more than 50 countries. The launch delivers four connected products that aims to replace legacy bank functions with real-time settlement and transparent pricing.
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. The funds will fuel the company’s next phase spanning global licensing, product innovation, and expansion across Asia, Latin America, and the Middle East.
The USD neo-bank features borderless virtual USD accounts, a daily interest wallet, a PEXX Visa Debit Card, and global off-ramp transfers.
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.”
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