It’s fitting to announce our acquisition as the industry comes together in Amsterdam for @money2020 Europe. @openfx_ acquires Embed, an Amsterdam-based payments infrastructure company. It’s our first acquisition, a major step in our European expansion, and a clear statement about how we think financial infrastructure should be built. Many companies claim to operate across Europe. In practice, many are reselling someone else’s license, relying on a partner’s BIN, or sitting one step removed from the regulated rails their customers depend on. That can work for a while. But when a corridor breaks, a partner changes terms, or a customer needs certainty, the difference between renting access and owning the regulated layer becomes very real. With Embed, OpenFX is moving deeper into that regulated layer. Embed holds two licenses that matter: a Dutch PI regulated by DNB and a UK EMI regulated by the FCA. The transaction is subject to regulatory approval, but once complete, OpenFX will have regulated entities in two of Europe’s most important financial jurisdictions. For our customers, that means more control, more resilience, and a stronger foundation for moving money across markets. We’re also building the team locally. We now have offices in London and Amsterdam, with 20 people across Product, Engineering, Compliance, and Go-To-Market. With backing from European investors, including @northzoneVC and @atomico, and $60B in annualized TPV across the network, Europe has become our largest commitment outside the United States. We’re here to build locally, own the infrastructure that matters, and make global money movement more reliable from the ground up. openfx.com/blog/openfx-doubl…

The most misleading phrase in global finance: “instant settlement.” In most corridors, money doesn’t simply jump from the vendor to the recipient, arriving in their hands instantly after the transfer is initiated. It passes through sometimes dozens of hands, where it is screened, run through a compliance gauntlet, and converted between one or more intermediary currencies. At every step, fees and the risk of slippage mount. @openfx_ understands this problem deeply at each phase of the payment process and has started with FX conversion to improve. I wrote a quick, practical explainer with numbers and a mental model you can reuse to understand this process. #MoneyManagement #CrossChain #remittance openfx.com/blog/anatomy-of-a…