CFX Labs Information

CFX is an early stage innovator in global money movement. The company enables individuals and businesses to move seamlessly between digital assets and local currency as part of its decentralized global payment gateway and network of payment networks. Its mission is to reward 5.3B world wide web users with digital coupons for online payments and digital remittance. CFX is a licensed, registered, and regulated issuer exporter of electronic P2P cash in partnership with its FDIC Member Bank investor serving as USD custodian.CFX supports cross-border P2P and B2B2C payments via API and the Solana blockchain. Currently operational in all U.S. states, and integrated with Central Bank real-time payment networks in the U.S, Mexico and Brazil, as well as securing key partnerships to offer its services at 20,000+ U.S. national chain retailers (Walmart, CVS, Walgreens, Dollar General) and foreign P2P networks in 190+ countries including 100+ real-time markets in the future.The company’s ability to generate yield on USD deposits that collateralize its stablecoin, MOVEUSD, enable rewards and incentives for network participants, and category leading operating margins. The platform provides essential services for KYC and international compliance without foreign customers needing US banking relationships enabling the network to grow rapidly through partnership with fintech and financial institutions seeking to originate flow from the U.S. for remittances, B2B marketplace, and E-Commerce payments.