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Frex - About the company

Frex is a seed company based in Gurugram (India), founded in 2025 by Nikhil Shanker, Aditya Varma and Himanshu Arora. It operates as an Online platform enabling low-fee cross-border payments and money transfers with a focus on competitive exchange rates and digital remittance management solutions. Frex has raised $1.06M in funding from White Venture Capital and Zeropearl.

Company Details

Online platform enabling low-fee cross-border payments and money transfers with a focus on competitive exchange rates and digital remittance management solutions.
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Email ID
*****@frexpay.com
Key Metrics
Founded Year
2025
Location
Gurugram, India
Stage
Seed
Total Funding
$1.06M in 1 round
Latest Funding Round
Employee Count
16 as on Apr 30, 2026
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Frex's funding and investors

Frex has raised a total funding of $1.06M over 1 round. Its latest funding round was a Seed round on Dec 08, 2025 for $*****. 7 investors participated in its latest round. Frex has 2 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Frex:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 08, 2025
9447741
Seed
5690696
4557838
7877568
7340098
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Frex's founders and board of directors

Founder? Claim Profile
The founders of Frex are Nikhil Shanker, Aditya Varma and Himanshu Arora.
Here are the details of Frex's key team members:

Frex's employee count trend

Frex has 16 employees as of Apr 26. Here is Frex's employee count trend over the years:
Employee count trend for Frex
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Frex's Investments and acquisitions

Frex has made no investments or acquisitions yet.

Reports related to Frex

Here is the latest report on Frex's geography:

News related to Frex

Media has covered Frex for 1 event in last 1 year.
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FAQs about Frex

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