Payments startup Frex raises ₹9.5 crore in pre-seed funding round

Frex, founded by Aditya Varma, Himanshu Arora and Nikhil Shanker, has raised ₹9.5 crore in a pre-seed round led by Zeropearl VC and White Venture Capital. The migrant-focused payments startup aims to make cross-border transfers faster and more transparent. The funds will support compliance, engineering, corridor expansion and early global growth.