Oxus Finance Raises US$2.4M To Simplify International Payments Using Stablecoins
Brazilian fintech Oxus Finance raised US$2.4M to develop an aggregator combining stablecoins and SWIFT, helping companies find the fastest and cheapest route for international payments.
Oxus Finance, a Brazilian fintech focused on cross-border payments, stablecoins and tokenization solutions, has raised US$2.4 million in a funding round aimed at developing a platform that helps companies find the most efficient route for international transactions.
Investors back Oxus Finance’s cross-border payments infrastructure
The round was led by Echo3 Participações, with participation from Underblock, Boost Research and Defiers. The new capital will support the development of an aggregator that combines stablecoins with the traditional SWIFT system, enabling businesses to identify the cheapest and fastest option for each international payment.
The platform aims to allow companies to benefit from crypto-based efficiency without needing to understand the complexities of the crypto market.
The “Skyscanner” of international payments
Oxus Finance was founded by Rafael Castaneda, a crypto industry influencer with a master’s degree in systems and informatics from the Instituto Militar de Engenharia in Rio de Janeiro, and Fillipe Trentin Coruja, a graduate of the Massachusetts Institute of Technology.
The founding team also includes lawyers Gustavo Nogueira, the company’s Chief Legal Officer, and Thiago Barbosa, Chief Commercial Officer. Among the angel investors in the round is Ernani Assis, former Director of Business Development at Nomad.
Oxus’ core product analyzes more than 50 possible payment routes in real time, including stablecoin rails and traditional banking correspondents, automatically selecting the most efficient option for each transaction.
In practice, the system works similarly to travel comparison platforms such as Skyscanner or Decolar, but for international transfers: instead of choosing a route themselves, clients rely on the platform to find the best option.
“We incorporate connections with several of these possibilities and our clients don’t need to worry about this phase of the market, which is the discovery stage,” said cofounder Rafael Castaneda.
Compliance support for companies using digital assets
Beyond payment routing, Oxus also provides a “compliance concierge” service, in which the company’s team assists clients with the documentation and registrations required to operate in regulated international transfer platforms using digital assets.
This service is designed to support businesses that want to use digital payment infrastructure while remaining compliant with regulatory requirements.
Using AI to simplify crypto infrastructure for businesses
According to cofounder Fillipe Trentin Coruja, executives at large companies rarely have time to analyze the growing number of stablecoin solutions or manage a corporate crypto portfolio.
Oxus therefore aims to translate the efficiency of digital asset transactions into a simple product experience comparable to traditional banking.
“We need to deliver a next-generation product that not only aggregates solutions, but resolves the complexity and creates abstraction so executives can use it the same way they use a bank,” Trentin said.
With the new funding, the fintech plans to move forward with its vision of becoming a reference infrastructure for companies with global payment flows in Brazil and across the region.
