Indian blockchain cross-border remittance startup Frex completes approximately $1.05 million Pre-Seed round led by Zeropearl VC and others

ChainCatcher news, according to Eletsonline, Indian blockchain remittance startup Frex has announced the completion of a 95 million Indian Rupees (approximately 1.05 million USD) Pre-Seed round of financing, co-led by Zeropearl VC and White Venture Capital, with participation from a group of angel investors. The company has built a real-time remittance solution leveraging blockchain technology and local banking partners, mainly providing cross-border remittance services for immigrants and overseas workers.