Funders is happy to announce our investment in Plexo Today, opening a new cross-border payment corridor often means finding the right local counterparties, repeating due diligence, negotiating commercial terms, and coordinating work across disconnected systems. Each new relationship adds operational complexity, making expansion slow and difficult to scale. @PlexoNetwork is building a neutral network for licensed financial institutions using stablecoins for cross-border payments. Its platform helps institutions discover counterparties that match their corridor needs, exchange compliance documentation, and establish working relationships. Through a shared platform, institutions can coordinate approvals, commercial terms, and transaction records, while retaining control over their own counterparty decisions and settlement. The goal is to make opening and managing these relationships more repeatable as institutions expand into new markets. For us, @PlexoNetwork is a strong example of a real market gap met with a practical solution. We see demand for this infrastructure firsthand: through the companies we evaluate for investment, our existing portfolio, and conversations across our network. As stablecoin payment activity grows, institutions need practical ways to find and work with partners across borders. And of course, it wasn’t just the idea that convinced us, but the team behind it. The team has deep experience in cross-border payment corridors and high-load infrastructure, with a strong understanding of both the operational challenges and the technical requirements behind them. At Funders, we invest strategically. We look at both the standalone potential of a company and the opportunities it creates across our ecosystem. Plexo fits naturally into our fintech thesis, with strong potential for collaboration with companies in our existing portfolio and pipeline. Welcome to the Funders Family!

Zynta joins Plexo’s founding cohort to expand institutional stablecoin settlement across Africa. Through Plexo, we gain access to pre-qualified licensed counterparties, helping us accelerate compliant expansion across markets like Nigeria, Ghana and Morocco.