Full-Time

Engineering Manager

Growth

OpenFX

OpenFX

51-200 employees

Facilitates real-time cross-border FX payments

No salary listed

Bengaluru, Karnataka, India

In Person

Category
Engineering Management (1)
Required Skills
Webhooks
Observability
REST APIs
Data Analysis

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Requirements
  • Manage a full team of at least five people for two or more years, including a Tech Lead or senior individual contributor reporting to you, alongside a strong individual-contributor track record.
  • Design APIs, model schemas, and produce idiomatic, runnable, tested code while remaining hands-on.
  • Own a public or partner-facing API as a product, including versioning and operating old and new major versions side by side.
  • Ship client-facing products end to end, including migrations, deprecations, and error states.
  • Deliver against Compliance and Legal as hard dependencies, particularly for onboarding and verification.
  • Run a stage-gated product process covering discovery, solution and design validation, RFC, and delivery.
  • Turn one-line placeholders into shaped, sized, and sequenced work.
  • Demonstrate hiring and performance management, including managing an underperformance case through to an outcome.
  • Work directly with Product and a commercial or go-to-market function and make justified prioritization decisions.
  • Operate with low oversight on ambiguous problems in a demanding environment.
  • Define and enforce correctness standards under commercial time pressure.
Responsibilities
  • Run the Growth pod of approximately six to ten engineers and quality-assurance professionals across frontend, backend, and integrations, owning the roadmap, delivery, and standards.
  • Own the API as a product, deliver the V3 overhaul while supporting V2, and ship the client-facing API.
  • Bring client onboarding in-house by replacing third-party tools with OpenFX products and building a rules engine for dynamic KYB and KYC requirements by jurisdiction and customer segment.
  • Extend onboarding from self-serve signup through first trade, including enterprise entities, channel partners, platform-of-platforms, multi-product onboarding, and agent-based customers.
  • Own the activation surface, including digital signatures, in-product activation checklists, recovery and lifecycle client communications, and a self-serve notification centre.
  • Own the marketing site as a growth surface in partnership with Brand Design.
  • Run the product development process from discovery through solution, design, RFC validation, delivery, and beta, including owning or assigning RFCs and holding design-ready and delivery-ready gates.
  • Manage dependencies across Compliance, Legal, Platform, Payments, Banking, Currencies, TPV, Client Trading, Brand Design, and go-to-market.
  • Own the interface with go-to-market and Product through a unified intake, joint prioritization with the Growth Product Manager, and an explicit expedite lane.
  • Review designs, write and ship code, debug production, and set the implementation bar, including standards for AI-assisted development.
  • Enforce correctness for identity and KYC deduplication, quote and trade path idempotency, permission and compliance boundaries, money precision, and rounding.
  • Hire and grow the team, close open roles, run 30-60-90-day ramps, set performance expectations, and address underperformance early.
Desired Qualifications
  • Experience in fintech, payments, or another regulated domain where onboarding is a compliance surface.
  • Production experience with KYB and KYC and replacing a vendor onboarding or verification workflow with an in-house build.
  • Experience with jurisdiction-aware or segment-aware policy engines where requirements are configuration rather than code branches.
  • Developer experience work involving API documentation, software development kits, sandbox environments, webhook delivery, or developer funnels.
  • Activation and lifecycle engineering involving in-product onboarding checklists, transactional and lifecycle communications, and notification preferences.
  • Marketing site or growth-experiment engineering in partnership with Brand Design.
  • Growth instrumentation and analytics tooling, with the ability to read a funnel directly.
  • Onboarding for enterprise entities, including directors and ultimate beneficial owners, or for channel partners and platform-of-platforms models.

OpenFX provides real-time cross-border foreign exchange payment infrastructure for institutional clients and money remitters. It enables 24/7 international transfers with transparent pricing and institutional-grade fees. The system settles FX transactions quickly across borders, delivering up to 90% faster settlements and up to 80% lower costs than traditional methods. Revenue comes from transaction fees and service charges, and the goal is to make global finance seamless for international payments.

Company Size

51-200

Company Stage

Series A

Total Funding

$117M

Headquarters

New York City, New York

Founded

2024

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Simplify Jobs

Simplify's Take

What believers are saying

  • March 31, 2026 Series A raised $94 million from Accel, Atomico, and Pantera.
  • OpenFX says annualized volume hit $45 billion by February 2026 and $60 billion in April.
  • August 2026 multi-currency accounts target fintechs needing local collection and payout across 100 countries.

What critics are saying

  • June 2026 Embed close still awaits regulatory approval, delaying Europe revenue until Q3 2026.
  • OpenFX’s stablecoin-heavy flow depends on banking partners and regulators tightening KYC, sanctions, and custody rules.
  • If cross-border payment volumes stall after 2026 expansion, OpenFX’s valuation depends on aggressive corridor scaling.

What makes OpenFX unique

  • OpenFX combines stablecoin settlement with licensing, liquidity, and banking products across multiple rails.
  • June 2, 2026 Embed acquisition adds EEA and UK payments licenses plus virtual IBANs.
  • August 6, 2026 Global Ledger acquisition adds multi-currency accounts and Tyler McIntyre’s banking expertise.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

Hybrid Work Options

Stock Options

Company Equity

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

Professional Development Budget

Conference Attendance Budget

Training Programs

Tuition Reimbursement

Mentorship Program

Relocation Assistance

Employee Discounts

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Pakistan Project team at IDSA
Aug 6th, 2026
OpenFX acquires Global Ledger to launch multi-currency accounts for fintechs.

OpenFX acquires Global Ledger to launch multi-currency accounts for fintechs. Novo co-founder Tyler McIntyre joins as Head of Banking; OpenFX will be launching a waitlist for their multi-currency accounts product, the first one hundred companies to join the waitlist receive $30,000 in fee credits. OpenFX launches multi-currency accounts for fintechs. OpenFX is launching multi-currency accounts for fintechs: collect USD locally and pay out over ACH, Fedwire, SWIFT or stablecoin rails. Request early access. MIAMI, Aug. 06, 2026 (GLOBE NEWSWIRE) - OpenFX, the real-time cross-border money movement platform, announced today that it has acquired Global Ledger, founded by Tyler McIntyre. McIntyre previously built and co-founded Novo, a neo-bank serving >300,000 business last valued at over $700M. McIntyre is joining as Head of Banking to accelerate OpenFX's product expansion and launch multi-currency accounts, with a waitlist available today. These accounts will let a company's customers pay it locally in their own currency, and let the company hold what arrives rather than converting on receipt. OpenFX is launching with named USD accounts that send and receive over ACH, Fedwire and SWIFT, paying into and out of more than 100 countries, with more to follow. The rails on either side do not need to match: a company can hold dollars and pay a supplier in India over UPI, or give a counterparty a vIBAN and receive USDC in its wallet near instantly. Multi-currency accounts are the second pillar of the company's Embedded FX strategy, designed to bring API-driven, reliable, end-to-end payment solutions to treasury product managers. Because they sit alongside OpenFX's world-class liquidity product, clients will be able to book a currency conversion and hold the converted funds immediately, without moving assets to an outside bank or reconciling against a third-party statement. As Head of Banking, McIntyre will lead the accounts product, the growth of OpenFX's licensing footprint across the markets its clients operate, and the work of enhancing their world-class APIs to ensure every account is fully programmable from launch. The goal is for clients to soon be able to offer these accounts to their own customers. Fintechs operating across borders generally need a separate banking relationship in every market they serve, and companies that touch digital assets have persistent difficulty obtaining and keeping those accounts. Closures often come with no stated reason, and only a few weeks' notice. In a survey of crypto and Web3 firms published by the UK Cryptoasset Business Council, Startup Coalition and Global Digital Finance, half of respondents had either been rejected when applying to a major bank or had an account closed, and only 14 percent opened an account they were able to keep. Three quarters reported turning to institutions they considered riskier. "Traditional financial institutions often see payment companies as more risky than they are because they don't fully understand the structure of their business, so their best answer is to de-bank them," said Prabhakar Reddy, founder and CEO of OpenFX. "We already move billions of dollars for these companies every day. We know these flows well, which is why we can provide them with more reliable service. Tyler has spent a decade building accounts that businesses want to use, and he saw earlier than almost anyone what modernizing rails mean for banking. We share the same goal, no one should have to think about how their banks works, it should just work." "Stablecoins are the first payment rail that works instantly everywhere and never closes. The obvious thing to build on top of a rail like that is an account," said Tyler McIntyre, Head of Banking at OpenFX. "I started Global Ledger so a business could hold, send and receive money in any market as if it banked there. OpenFX had already built the settlement network and the liquidity product those accounts depended on, working together felt like a no-brainer." Terms of the acquisition were not disclosed. The waitlist is open at [openfx.com/accounts]. The first 100 companies to join will receive $30,000 in fee credits to offset the cost of migrating. OpenFX's platform settles transactions across more than 40 currency pairs, with the majority completing in under an hour, and operates continuously, including weekends and holidays, when traditional settlement systems are closed. About OpenFX OpenFX is building the financial market infrastructure for the modern economy through its real-time cross-border money movement platform and settlement network. By combining stablecoin rails with innovative last-mile liquidity sourcing models, OpenFX enables near-instant FX settlements across borders, making money transfers 99 percent faster, up to 90 percent less expensive, and available 24/7/365. Founded in 2024 by serial entrepreneur Prabhakar Reddy, former co-founder of FalconX, the company has grown to a global team operating across the U.S., UK, UAE and India. OpenFX's platform supports more than 40 trading pairs and serves established fintech companies, neobanks, remittance providers and global payroll platforms. Learn more at www.openfx.com. Media Contact [email protected] GlobeNewswire Distribution ID 1001256377 Search. August 5, 2026 August 4, 2026

GlobeNewswire
Aug 6th, 2026
OpenFX Acquires Global Ledger to Launch Multi-Currency Accounts for Fintechs

OpenFX is launching multi-currency accounts for fintechs after acquiring Global Ledger. Hold USD locally, pay into 100+ countries. Request early access....

Australian Associated Press
Aug 6th, 2026
OpenFX acquires Global Ledger to launch multi-currency accounts for fintechs.

OpenFX acquires Global Ledger to launch multi-currency accounts for fintechs. August 06, 2026 Novo co-founder Tyler McIntyre joins as Head of Banking; OpenFX will be launching a waitlist for their multi-currency accounts product, the first one hundred companies to join the waitlist receive $30,000 in fee credits MIAMI, Aug. 06, 2026 (GLOBE NEWSWIRE) - OpenFX, the real-time cross-border money movement platform, announced today that it has acquired Global Ledger, founded by Tyler McIntyre. McIntyre previously built and co-founded Novo, a neo-bank serving >300,000 business last valued at over $700M. McIntyre is joining as Head of Banking to accelerate OpenFX's product expansion and launch multi-currency accounts, with a waitlist available today. These accounts will let a company's customers pay it locally in their own currency, and let the company hold what arrives rather than converting on receipt. OpenFX is launching with named USD accounts that send and receive over ACH, Fedwire and SWIFT, paying into and out of more than 100 countries, with more to follow. The rails on either side do not need to match: a company can hold dollars and pay a supplier in India over UPI, or give a counterparty a vIBAN and receive USDC in its wallet near instantly. Multi-currency accounts are the second pillar of the company's Embedded FX strategy, designed to bring API-driven, reliable, end-to-end payment solutions to treasury product managers. Because they sit alongside OpenFX's world-class liquidity product, clients will be able to book a currency conversion and hold the converted funds immediately, without moving assets to an outside bank or reconciling against a third-party statement. As Head of Banking, McIntyre will lead the accounts product, the growth of OpenFX's licensing footprint across the markets its clients operate, and the work of enhancing their world-class APIs to ensure every account is fully programmable from launch. The goal is for clients to soon be able to offer these accounts to their own customers. Fintechs operating across borders generally need a separate banking relationship in every market they serve, and companies that touch digital assets have persistent difficulty obtaining and keeping those accounts. Closures often come with no stated reason, and only a few weeks' notice. In a survey of crypto and Web3 firms published by the UK Cryptoasset Business Council, Startup Coalition and Global Digital Finance, half of respondents had either been rejected when applying to a major bank or had an account closed, and only 14 percent opened an account they were able to keep. Three quarters reported turning to institutions they considered riskier. "Traditional financial institutions often see payment companies as more risky than they are because they don't fully understand the structure of their business, so their best answer is to de-bank them," said Prabhakar Reddy, founder and CEO of OpenFX. "We already move billions of dollars for these companies every day. We know these flows well, which is why we can provide them with more reliable service. Tyler has spent a decade building accounts that businesses want to use, and he saw earlier than almost anyone what modernizing rails mean for banking. We share the same goal, no one should have to think about how their banks works, it should just work." "Stablecoins are the first payment rail that works instantly everywhere and never closes. The obvious thing to build on top of a rail like that is an account," said Tyler McIntyre, Head of Banking at OpenFX. "I started Global Ledger so a business could hold, send and receive money in any market as if it banked there. OpenFX had already built the settlement network and the liquidity product those accounts depended on, working together felt like a no-brainer." Terms of the acquisition were not disclosed. The waitlist is open at [openfx.com/accounts]. The first 100 companies to join will receive $30,000 in fee credits to offset the cost of migrating. OpenFX's platform settles transactions across more than 40 currency pairs, with the majority completing in under an hour, and operates continuously, including weekends and holidays, when traditional settlement systems are closed. About OpenFX OpenFX is building the financial market infrastructure for the modern economy through its real-time cross-border money movement platform and settlement network. By combining stablecoin rails with innovative last-mile liquidity sourcing models, OpenFX enables near-instant FX settlements across borders, making money transfers 99 percent faster, up to 90 percent less expensive, and available 24/7/365. Founded in 2024 by serial entrepreneur Prabhakar Reddy, former co-founder of FalconX, the company has grown to a global team operating across the U.S., UK, UAE and India. OpenFX's platform supports more than 40 trading pairs and serves established fintech companies, neobanks, remittance providers and global payroll platforms. Learn more at www.openfx.com. Media Contact [email protected] AAPR aggregates press releases and media statements from around the world to assist its news partners with identifying and creating timely and relevant news. All of the press releases published on this website are third-party content and AAP was not involved in the creation of it. Read the full terms.

Cyclops
Jul 16th, 2026
$20M Series A: Building the New Backbone of Global Payments — Cyclops

Cyclops has raised a $20M Series A led by Nava Ventures, with participation from Coinbase Ventures, Castle Island Ventures, Circle Ventures, GPT Ventures and Lasagna Ventures, to build the end-to-end stablecoin platform for global payments companies.

PYMNTS
Jun 2nd, 2026
OpenFX acquires Embed to gain regulated presence across EEA and UK

OpenFX has acquired payments infrastructure firm Embed, giving the company its first regulated presence in the European Economic Area and United Kingdom. Embed holds licences in all EEA states and the UK via the Financial Conduct Authority. The deal is expected to close in the third quarter pending regulatory approval. Financial terms were not disclosed. Embed's founding team will take operational roles at OpenFX, whilst engineering and finance staff will join the parent company. OpenFX emerged from stealth last year with $23 million in funding and raised a further $94 million in a Series A round in March. The company is building global financial infrastructure to enable cross-border payments, positioning itself as the platform through which remittance companies, neobanks and payroll processors can operate without rebuilding infrastructure.