Frex Technologies Private Limited

Frex Technologies Private Limited, based in Haryana, India, excels in delivering low-cost, secure global banking and payment solutions, utilizing regulated stablecoins for seamless cross-border transactions. Frex Technologies Private Limited is a financial technology company founded in 2025. The company is co-founded by Aditya Varma, Himanshu Arora, and Nikhil Shanker. The company focuses on providing innovative payment solutions leveraging regulated stablecoins.

In December 2025, Frex Technologies Private Limited raised INR 95 million in pre-seed funding co-led by new investors Zeropearl and White Venture Capital, with participation from individual investors. Frex specializes in providing global banking and payment solutions designed to be low-cost, instantaneous, and secure. Its core offerings include regulated stablecoins that facilitate seamless cross-border transactions, addressing the challenges individuals and businesses face in accessing efficient financial services. Frex targets a diverse clientele, including individual users seeking personal banking solutions and businesses requiring efficient payment processing capabilities, primarily focusing on regions with significant cross-border trade activities, including North America, Europe, and parts of Asia.

Frex generates revenue through a transaction-based business model, catering to both direct-to-consumer services and B2B partnerships. Retailers utilize Frex's platform to process payments in stablecoins, minimizing fees, while businesses can opt for subscription plans for enhanced services like analytics and priority transaction processing. This revenue stream is supported by the continuous engagement of retail consumers and corporate clients who benefit from the streamlined financial operations provided by Frex. The company will use this December 2025 funding to expand on- and off-ramp networks in North America and India, bolster compliance across major corridors, upgrade engineering and ledger tech, and ramp up outreach to NRIs and migrant workers.