TechFlow, Dec 11 — According to Eletsonline, Indian blockchain remittance startup Frex announced it has raised 95 million Indian rupees (approximately $1.05 million) in a Pre-Seed funding round. The round was co-led by Zeropearl VC and White Venture Capital, with participation from a group of angel investors. The company leverages blockchain technology and partnerships with local banks to build real-time remittance solutions, primarily offering cross-border money transfer services for migrants and overseas workers.
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