UAE-based stablecoin startup SaturnX has secured $3m in seed funding to fuel its expansion into Southeast Asia. The round was led by White Star Capital with backing from multiple institutional investors.
Founded in 2024, SaturnX provides an API platform for B2B money transmitters and financial services, enabling seamless digital dollar transfers. The startup has already processed over $250m in transactions and is operating profitably.
The new capital will support regulatory compliance efforts and expansion plans to target emerging markets including the Philippines, Bangladesh, and Pakistan.
Gulf Economist Staff Writer