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  1. Mubasher News
  2. UAE’s SaturnX closes $3mn seed round to bolster global remittance markets

UAE’s SaturnX closes $3mn seed round to bolster global remittance markets

NOHA.GAD
Jun 19, 2025
UAE’s SaturnX secured $3 million in a seed round to bring stablecoin-based payment infrastructure to global remittance markets

Dubai - Sharikat Mubasher: SaturnX, the UAE-based infrastructure provider for stablecoin-based cross-border payments, successfully closed a $3 million seed funding round led by White Star Capital, with participation from strategic institutional investors.

This capital will help SaturnX strengthen its regulatory infrastructure and continue building its end-to-end API platform for enterprise-grade stablecoin payments, the company announced in a recent statement.

The company will also use the investment to expand into new payment corridors in Southeast Asia, including the Philippines, Bangladesh, Indonesia, and Pakistan.

SaturnX pre-funds stablecoin liquidity pools in key markets, aggregates FX pricing in real time, and ensures regulatory compliance via partnerships and licensing pathways.

Mirnas Brescic, CEO and Founder of SaturnX, emphasized the company’s vision to connect the worlds of decentralized and traditional finance with infrastructure that brings the benefits of stablecoins to everyday financial use cases.

“Despite considerable progress, cross-border payments are still expensive and slow. By offering a faster, cheaper, and programmable alternative, we're helping financial partners unlock better ways to move money, starting with the world's largest remittance corridors,” Brescic added.

Meanwhile, Sep Alavi, General Partner at White Star Capital, commented: “We're excited to back SaturnX at the forefront of a new payment infrastructure layer. They're operating in one of the most strategically important corridors globally, solving a massive pain point for cross-border remittances and B2B payments.”

With more than $600 billion in global annual remittance flows and rising demand for digital dollars in emerging markets, SaturnX is positioned to become a critical backend provider for the future of borderless payments by modernizing how money moves across borders, offering instant, low-cost stablecoin transfers for financial institutions, fintech firms, and global remittance providers.

Tags

stablecoin payments
FX pricing
decentralized finance
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