Founded in 2015 and based in Frankfurt am Main, Giroxx GmbH operated as a B2B financial services provider. The company's mission was to offer SMEs a transparent, cost-effective, and efficient alternative to traditional banks for handling foreign currency transactions and international payments. Their platform allowed businesses to manage currency risk and execute payments in various currencies at competitive exchange rates. The company filed for insolvency in December 2020, and the Frankfurt am Main Local Court officially opened insolvency proceedings on January 1, 2021, leading to the cessation of all business operations.