Bank FX margins
Spreads charged on every conversion. SMEs pay up to 25× more than large corporates.
Pinaxa Labs · Built For Global Businesses
The intelligence layer for cross-border treasury.
Global businesses silently bleed 3–7% of every cross-border transaction to FX volatility. We are building the AI-native treasury platform that reads every transaction, picks the optimal hedge, and executes it autonomously — closing the gap between trade and settlement.
PINAXA · LIVE EXPOSURE LOGLIVE
TIMEPAIRAMOUNTACTIONSTATUSSAVED
›
HEDGED TODAY
$20.29M
FX SAVED
$284,060
AVG SPREAD
-0.094%
The 3–7% margin you can't see
Treasury still moves at the speed of spreadsheets. The market doesn't.
Of corporate FX exposure sits unhedged globally
Cash-constrained firms hedge only 20%.
Of treasurers still run FX forecasting on spreadsheets
Fewer than 1 in 10 have moved AI from pilot to production.
3–7% of every cross-border transaction is silently lost. No incumbent has solved this at scale.
Sources: Kyriba Currency Impact Report · Wise G20 Report 2025 · Citi Treasury Diagnostics · Coalition Greenwich 2025
Why now
A regulatory mandate is forming around a market that has tripled.
B2B cross-border flow today, projected to reach $50T by 2032
India's daily FX turnover — doubled from $32B in just 4 years
YoY surge in Indian importer hedging in 2025
Regulatory tailwind
RBI's UFCE Directions impose a 25-percentage-point risk-weight penalty on banks lending to underhedged corporates. NCAER (2025) has formally recommended mandatory minimum hedge ratios, modelled on Brazil and Indonesia.
AI inflection
Fewer than 1 in 10 treasurers have moved AI from pilot to production. 80% still run FX forecasting on spreadsheets. The window to ship an AI-native treasury layer is open today.
Volume explosion
India's cross-border trade alone is $1.74T annually. Mid-market firms — too big to ignore FX, too small to staff a quant team — have no purpose-built tool today.
Our approach
One platform. Every transaction. Every currency. Fully automated.
Ingest
Every cross-border transaction streamed from ERP, invoicing, or banking feeds — invoices, fuel, components, commodities.
→Decide
AI evaluates amount, currency pair, tenure and live market data. Selects forwards, options, swaps, or natural hedge.
→Execute
Multi-bank RFQ routed in seconds. Pinaxa books the hedge through the client's existing banking rails.
→Account
IFRS 9 / ASC 815 hedge accounting and exposure analytics produced automatically — audit-ready.
Bank-agnostic by design. We are building Pinaxa to route hedges through clients' existing banking relationships — complement, not threat.
Why Pinaxa
The only AI-native platform being built to hedge exposure — not just record it.
AI-native, not AI-bolted
We are building ground-up with intelligence at the core. Legacy TMS retrofit AI on top of record-keeping systems built two decades ago.
Execution included
Kantox automates currency management. Kyriba tracks exposure. Pinaxa is being built as the only unified flow from invoice ingestion to hedge execution.
India-first, EM-priced
INR-centric flows, native AD-I bank rails, RBI-aligned. Built for the $80–250K ACV range vs. Kyriba's $50K–$1M+ with 6–12 month rollouts.
Every cross-border transaction
Designed to hedge the full spectrum — invoices, fuel procurement, commodity buys, component imports, royalty payments. Not just invoices.
Bank-agnostic, not bank-captive
Routes through the client's existing banking relationships. We are building to sell through banks, not against them.
Regulatory alignment
RBI is moving toward mandatory hedging. Pinaxa is being built as the infrastructure that makes compliance automatic instead of manual.