UAE-based fintech startup SaturnX has secured $3 million in seed funding, led by White Star Capital, to accelerate its mission of simplifying and speeding up cross-border payments between the Gulf and Southeast Asia using stablecoins.
Founded in 2024 by Mirnas Brescic, a seasoned expert in foreign exchange, digital assets, and treasury management, SaturnX is positioning itself as a key backend infrastructure layer for financial institutions, remittance platforms, and corporates. Its enterprise-grade API enables partners to integrate stablecoin-based payments directly into their systems, supporting faster, cheaper, and more transparent transfers across borders.
Expanding Cross-Border Capabilities
The fresh capital will support the company’s expansion into major Southeast Asian markets—including Bangladesh, Pakistan, the Philippines, and Indonesia—where demand for cost-effective digital dollar remittances continues to grow. It will also go toward strengthening SaturnX’s regulatory infrastructure and refining its API platform to meet rising institutional demand.
In just five months of operations, SaturnX has processed over $250 million in transaction volume while remaining profitable—a rare feat for a fintech at the seed stage.
“Our goal is to bridge the gap between decentralised and traditional finance,” said Mirnas Brescic, CEO and founder. “We’re delivering an API-first solution that makes stablecoin payments a mainstream financial utility in high-volume corridors like the Gulf–South Asia route.”
Stablecoin Infrastructure for a Global Market
SaturnX pre-funds stablecoin liquidity pools in key markets, aggregates FX pricing in real time, and integrates local compliance through partnerships and licensing efforts. This approach enables near-instant settlement and lower costs for both businesses and consumers.
With $600 billion+ flowing through the global remittance market annually—much of it concentrated in the Gulf–South Asia corridor—SaturnX’s technology stands to play a critical role in reshaping how money moves across borders.
Sep Alavi, General Partner at White Star Capital, said the fund was drawn to SaturnX’s traction and leadership. “They’re operating in one of the most important and underserved corridors in the world. Mirnas’ deep domain knowledge and the team’s ability to execute quickly set them apart. We believe SaturnX will become a foundational layer in the next wave of global payment infrastructure.”