When was Utexo founded?

Utexo was founded in 2025 and raised its 1st funding round 1 year after it was founded.

Where is Utexo located?

Utexo is headquartered in British Virgin Islands.

How many employees does Utexo have?

As of Oct 31, 2026, the latest employee count at Utexo is 30.

Is Utexo a funded company?

Utexo is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 06, 2026.

When was the latest funding round of Utexo?

Utexo's latest funding was a $***** Seed round on Mar 06, 2026, with participation from 17 investors.

Where does Utexo rank among its competitors?

Utexo ranks 2nd amongst 3 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Utexo, which secured $7.5M in Mar, 2026.

Who are the top competitors of Utexo?

Utexo's top competitors include Prime Trust, NanoBNK and Qplatform. Among them, Utexo secured the most recent funding round in March, 2026.

Utexo - 2026 Company Profile, Funding & Competitors

Utexo is a seed company based in British Virgin Islands, founded in 2025. It operates as a Developer of APIs and cloud infrastructure for stablecoin payments. Utexo has raised $7.5M in funding from investors like Tether, Big Brain Holdings and Plan B Ventures. The company has 3 active competitors, including 2 that are funded. Its top competitors include companies like Prime Trust, NanoBNK and Qplatform.

Company Details

Developer of APIs and cloud infrastructure for stablecoin payments. It provides tools for instant settlement of payments with configurable fees. The company offers enterprise wallets, retail wallets, custodian services, and exchange solutions. It also provides cloud infrastructure for stablecoin payments and yield on BTCUSDT.

Key Metrics

Founded Year

2025

Location

British Virgin Islands

Stage

Seed

Total Funding

$7.5M in 1 round

Latest Funding Round

Seed, Mar 06, 2026, $*****

Investors

Tether & 17 more

Ranked

2^nd among 3 active competitors

Employee Count

30 as on Oct 31, 2026

Similar Companies

M2P Fintech & 312 more

View Utexo's full profile

Utexo has raised a total funding of $7.5M over 1 round. Its latest funding round was a Seed round on Mar 06, 2026 for $*****. 17 investors participated in its latest round. Utexo has 18 institutional investors.

Here is the list of recent funding rounds of Utexo:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 06, 2026	3599651	Seed	6543244	3028736	5093879	8498537

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View details of Utexo's funding rounds and investors

Utexo's employee count trend

Utexo has 30 employees as of Oct 26. Here is Utexo's employee count trend over the years:

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Top competitors of Utexo include Prime Trust, NanoBNK and Qplatform. Here is the list of Top 10 competitors of Utexo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Prime Trust 2004, Las Vegas (United States), Series B	AML and banking API management solutions	$171M	Mercato Partners, Akkadian Ventures & 25 others	60/100
2nd	Utexo 2025, British Virgin Islands, Seed	Developer of APIs and cloud infrastructure for stablecoin payments	$7.5M	Franklin Templeton Investments, Fulgur Ventures ... & 16 others	39/100
3rd	NanoBNK 2017, Quatre Bornes (Mauritius), Unfunded	Open banking solution to build digital bank	-	-	26/100
4th	Qplatform 2015, Moscow (Russia), Deadpooled	Open banking API solutions	-	SBI Ven Capital	20/100
5th	Singular Banking 2017, Santiago (Chile), Deadpooled	Bank-as-a-service platform	-	Start-Up Chile	14/100