FinanceX is a cryptocurrency exchange that will allow users to trade with fiat money. The team is focused on Southeast Asia. Traders will be able to use their own local currency to buy/sell other currencies. They will also have access to multiple payment systems (bank transfers, e-wallet, PayPal, etc.). The team claim their solution will help reduce costs, increase liquidity, streamline transaction process, etc.
ERC20 is FNX token that is supposed to provide liquidity. It will be the official trading currency on the platform.