
Parallax
Remittance
Global payments without borders: from your work to your wallet in minutes.

Founders
Mika Reyes (Co-founder & CEO)
Alex Kuang (Co-founder)
Launch Date
Key Investors
Baird Capital
Rally Ventures
Grotech
About
Parallax is a revolutionary financial platform for global freelancers and remote workers, offering a free USD account with instant withdrawals to local banks or crypto wallets. Trusted by 50,000+ professionals moving millions monthly, it provides lightning-fast transfers (1-2 minutes), transparent low fees, and superior exchange rates compared to traditional services like PayPal or Wise. With bank-level security, FDIC insurance, and human customer support, Parallax eliminates the pain of international payments.
Check Out the Podcast Episode with Parallax's CEO
S1 E2: Join us as we speak with Mika Reyes, CEO of Parallax, who shares her inspiring journey from the Philippines to creating a revolutionary stablecoin payment platform. Discover how her personal cross-border payment struggles led to a solution now serving 50,000+ freelancers worldwide. Mika explains why stablecoins offer faster, cheaper alternatives to traditional payment systems and how Parallax's user-friendly self-custodial infrastructure is expanding from individual freelancers to businesses seeking reliable global payment solutions.
50K+
freelancers trust Parallax
$4.5M
Parallax fundraise amount
Use Cases
- Remote Worker Payments - International remote workers can receive USD payments from employers, access better exchange rates, and instantly transfer funds to their local bank accounts without high fees.
- Freelancer Platform Integration - Freelancers can connect their Upwork and Fiverr accounts to receive payments directly to a free USD account and withdraw funds instantly to local banks or crypto wallets.
- Cross-Border Business Transactions - Small business owners can receive payments from international clients through ACH or wire transfers with lower fees and better exchange rates than traditional banking options.
- Crypto-Fiat Conversion - Users can easily convert between USD and stablecoins, providing flexibility for those who work in both traditional and crypto economies while maintaining financial security.
Crypto Integration
- Enables instant cash out to crypto wallets
- Supports withdrawals in stablecoins
- Funds are secured in self-custodial wallets
- Employs security measures like MFA and sharded private keys
- Facilitates receiving payments, potentially including crypto
Cost-Effective Global Payments
- Offers competitive exchange rates
- Aims to reduce transfer fees
- Provides transparent fees
- Facilitates faster payments
- No fees for receiving deposits
Trusted by
Upwork, Fiverr, Gusto, Deel, Stripe
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