Foxfire

What Foxfire does

Foxfire Pty Ltd is an Australian-incorporated, privately-held payment services provider that operates a cross-border money transfer platform under AUSTRAC registration (RNP100573321-0001). The company targets both corporate clients (B2B, B2C, and international supplier payments) and individual consumers (C2C remittances and personal transfers), offering bank transfers, digital wallet settlements, and credit/debit card payment options across nine marketed regions including Australia, South Asia, South East Asia, Africa, Middle East, USA, UK, and Canada. The Toorak, Victoria-based firm uses a dual go-to-market combining consultative enterprise sales with a self-serve member portal (admin.foxfire.money), and operates a sub-brand called KAASI for global remittances.

The platform architecture incorporates three components the company markets as differentiating: blockchain-backed settlement infrastructure, AI-driven automation for cross-border processing, and integrated automated AML/KYC compliance workflows. Foxfire earns revenue primarily through transaction fees on cross-border payments, with pricing described as quote-based and dependent on transaction type, currency conversion, and destination country. Marketing channels include a corporate LinkedIn presence (Foxfire Pty Ltd), a Facebook page (Foxfire Payment Services), an educational blog, newsletter capture, and SEO-optimized content. The leadership team consists of CEO/Managing Director Fazal Cader and Director Dr. Sean Hutton, with the company reporting 1-10 employees and no disclosed venture capital backing, funding rounds, or M&A activity.

Reported scale claims include 250,000+ transactions processed globally and partnerships with multiple "trusted banking partners," though the website's headline counters display animated zeros (for countries, transactions, partners, and years), which is inconsistent with established scale claims. The relationship between the KAASI platform interface and FoxFire—including a noted reference to INVETICO—remains undisclosed in the available material.

Name

Foxfire

Legal name

Foxfire Pty Ltd

Website

https://foxfire.money

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Foxfire Pty Ltd is an Australian AUSTRAC-registered payment services provider operating a cross-border platform that enables businesses and individuals to send and receive money internationally across nine regions, combining enterprise sales with a self-serve member portal.

Ownership category

akta.pro rank

Product category

Cross-Border Payment Services

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Finance Services (6199)

akta.pro primary industry

SME & Business Cross-Border Payments (B2B) (FSAMAIAB)

akta.pro secondary industries

Cross-Border & FX Payments Platforms (BPAMAFAK), Remittance & Cross-Border Payment Rails (SWIFT, Local Clearing, RTP Connectivity) (FSAGAKAH), Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL)

Keywords

• Cross-border payments
• Payment processing
• International money transfers
• Remittance services
• FX multi-currency

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Others

Revenue model

1. Cross-Border Payment Processing: Foxfire generates revenue through transaction fees charged for processing international B2B, B2C, and C2C payments. The company offers flexible payment solutions across bank transfers, digital wallets, and credit/debit cards with fees varying by transaction type, currency conversion, and destination country.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Foxfire operates a cross-border payment services platform that enables businesses and individuals to send and receive money internationally. The platform supports B2B, B2C, and C2C transactions through bank transfers, digital wallets, and credit/debit cards, with integrated FX/multi-currency conversion and automated KYC/AML compliance. It leverages blockchain-backed settlements, AI-driven automation, and real-time processing to provide fast, secure international money transfers and remittances.

Product overview

Foxfire is a payment services provider (PSP) operating a unified payment platform that enables businesses to send and receive money securely and efficiently across borders. The core offering consists of the FoxFire Payment Platform supporting B2B, B2C, and C2C transactions, along with the KAASI remittance product (powered by FoxFire) for global remittances. The platform provides multi-currency and FX support, integrated compliance automation (KYC/AML), and supports various payment methods including bank transfers, digital wallets, and credit/debit cards. Additional components include the member portal (admin.foxfire.money) for account management and FX & Multi-Currency services for exchange rate management.

Differentiator

Problem solved

Functional benefit

Products and services

• FoxFire Payment Platform Core payment platform enabling businesses to send and receive money securely and efficiently across borders. Supports B2B, B2C, and C2C transactions with bank transfers, digital wallets, and credit/debit cards, integrated KYC/AML compliance, and FX/multi-currency conversion.
• KAASI Global Remittance Global remittance platform powered by FoxFire, enabling cross-border money transfers for individual and small business users via the admin.foxfire.money member portal. Operates under AUSTRAC registration RNP100573321-0001.

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature5 records

Partnerships

One partnership is on record.

• Trusted Banking PartnerscoreOthersFoxfire collaborates with global financial institutions as trusted banking partners that enable secure and efficient money transfers. These partnerships support the company's global reach across Australia, South Asia, South East Asia, Africa, Middle East, USA, UK, Canada, and other key financial markets worldwide. The banking network enables fast, secure cross-border remittances and settlements.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• OFX: OFX is an Australia-based foreign exchange and international payments provider serving both individuals and businesses. It overlaps with Foxfire's FX & multi-currency offering and B2B cross-border payment positioning.
• Airwallex: Airwallex is an Australia-headquartered cross-border payments platform focused on B2B international payments, FX, and multi-currency accounts. It competes head-to-head with Foxfire in the Australian SME cross-border corridor.
• WorldRemit: WorldRemit is a digital cross-border money transfer service focused on remittances to emerging markets including Africa, South Asia, and the Middle East — overlapping Foxfire's KAASI consumer remittance corridors.
• Wise: Wise (formerly TransferWise) is a global cross-border payments platform serving both consumers and businesses with multi-currency accounts and low-fee international transfers. It is the most direct competitor to Foxfire's B2B and C2C cross-border value proposition.
• Remitly: Remitly is a digital remittance company serving consumer money transfers from developed markets to emerging markets including South Asia, SE Asia, and Africa — directly overlapping Foxfire's KAASI consumer remittance corridors.

Broad incumbents

• MoneyGram: MoneyGram is a global remittance and cross-border payments provider with extensive emerging-market reach. It competes with Foxfire in consumer remittances and B2B cross-border payments.
• Revolut: Revolut is a global fintech super-app offering multi-currency accounts and international transfers to consumers and businesses. While broader than Foxfire, it competes in the same cross-border consumer and SMB corridors.
• Western Union: Western Union is the largest incumbent cross-border money transfer operator with global reach across Foxfire's supported corridors. It serves as the legacy benchmark Foxfire is positioning against on speed and cost.

Others

• Ripple: Ripple is a blockchain-based enterprise cross-border payment infrastructure provider. While not a direct competitor to Foxfire's end-customer PSP, its blockchain settlement rails intersect with Foxfire's stated blockchain-backed settlement technology stack.

Emerging players

• Conduit Pay: Conduit Pay is an emerging cross-border payments platform targeting businesses with API-based international payment infrastructure. It overlaps with Foxfire's B2B cross-border PSP positioning as a smaller, technology-led peer.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/FoxfirePaymentServices
• LinkedInlinkedin.com/company/foxfire-pty-ltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Foxfire