Thursday June 19th, 2025
Download the app
Copied

Dubai-Based SaturnX Raises $3M to Expand Stablecoin Payment Network

Headquartered in Dubai, SaturnX has raised $3 million in seed funding to grow its enterprise-grade stablecoin infrastructure across MENA and Southeast Asia.

Startup Scene

Dubai-Based SaturnX Raises $3M to Expand Stablecoin Payment Network

Dubai-based stablecoin infrastructure startup SaturnX has raised $3 million in a seed round led by White Star Capital, with participation from strategic institutional investors. The company operates behind the scenes to power stablecoin-based cross-border payments, particularly along corridors linking the Gulf region to South and Southeast Asia.

Founded by Mirnas Brescic—who previously held roles at Rain, Bitpanda, and the International Atomic Energy Agency—SaturnX serves B2B money transmitters, corporates, and financial platforms with a proprietary API layer for seamless digital dollar transfers. Since its launch just five months ago, the company has processed over $250 million in transaction volume while maintaining profitability.

The new funding will support SaturnX’s expansion into emerging remittance corridors in Southeast Asia, including the Philippines, Bangladesh, Indonesia, and Pakistan. It will also be used to bolster regulatory compliance and enhance the company’s core platform. SaturnX’s flagship corridor links the Gulf to South Asia, a region that accounts for hundreds of millions in remittance volume annually. By pre-funding liquidity pools in key markets and aggregating real-time FX rates, the platform offers instant, low-cost transfers for financial institutions and global remittance providers.

With global remittance flows exceeding $600 billion and rising demand for stable digital currencies, SaturnX is positioning itself as an infrastructure provider for the evolving cross-border payments landscape in the MENA and Asia regions.

×

Be the first to know

Download

The SceneNow App
×