Lumx

Brazilfintech

Lumx is a Brazilian fintech company that provides infrastructure for stablecoin payments in Latin America. Its platform enables businesses to send, receive, and settle payments using stablecoins, addressing the need for faster and more cost-effective cross-border transactions in the region. The company raised a $3.4 million seed funding round led by Indicator Capital and CMT Digital, with participation from Escala Capital, Bitso, Nomad, CAF Ventures, and angel investors. Lumx plans to use the funds to expand its operations across Latin America and deepen its regulatory and compliance practices.

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