SaturnX is a UAE-based company focused on providing infrastructure for stablecoin-based cross-border payments. Founded in 2024 by Mirnas Brescic, the company has quickly established itself as a key player in the financial technology sector by offering an API layer for B2B money transmitters and financial platforms. SaturnX has raised $3 million in seed funding from investors including White Star Capital. Though headquartered in Dubai, SaturnX is expanding its operations into Southeast Asia to accommodate rising demand for efficient and cost-effective payment solutions.
| Attribute | Information |
|---|---|
| Founding Date | 2024 |
| Headquarters | Dubai, UAE |
| Founders | Mirnas Brescic |
| Revenue | Not publicly disclosed |
| Profits | Maintains profitability |
| Key Investors | White Star Capital, others |
| Industry | Finance, Technology |
| Number of Employees | Not publicly disclosed |
SaturnX was founded by Mirnas Brescic in 2024, who has extensive experience in foreign exchange (FX), treasury, and digital assets across notable institutions like Rain and Bitpanda. The vision behind SaturnX was to bridge the gap between traditional finance and decentralized financial tools, primarily focusing on stablecoin infrastructures. In its first operational months, SaturnX processed over $250 million in transaction volume, reflecting the robust market need for its solutions. The company aimed to tackle inefficiencies in the global remittance market through its technological solutions, thereby fostering faster and cheaper cross-border money transfers.
SaturnX offers a sophisticated API-first platform that integrates stablecoin liquidity, smart FX routing, and compliant payout networks to facilitate global payments. Notably, the company has achieved the following milestones:
SaturnX operates as a backend provider for stablecoin payments, primarily enabling B2B money transmitters and financial platforms. Its API-first infrastructure has made it an essential player in the digital payments industry, offering low-cost stablecoin transfers with improved transparency and compliance. With its recent funding, SaturnX aims to solidify its presence in Southeast Asian markets, focusing on enhancing its strategic corridor expansion and regulatory infrastructure. The company's proactive approach in leveraging stablecoin technology positions it strongly against competitors in the remittance industry.
SaturnX is emerging as a pivotal player in integrating traditional and decentralized financial landscapes through its innovative stablecoin payment solutions. By focusing on cross-border efficiencies and regulatory compliance, SaturnX is gearing up to handle increasing transaction volumes and further expand its market reach. The coming years anticipate SaturnX becoming a cornerstone in the evolution of global digital remittances, impacting how financial transactions are conducted worldwide.