Sunday, December 14, 2025
7.5 C
London

Tensec Raises $12M to Become the Stripe of Global Trade

With backing from top VCs, Tensec aims to revolutionize B2B cross-border payments for SMBs through AI and real-time fintech infrastructure.

Highlights:

  • $12M Seed Round Secured: Tensec, founded by ex-Rapyd and Meta execs, raised $12M to disrupt the $190T B2B cross-border payments market.
  • Empowering SMBs: The platform enables global trading companies to offer FX, treasury, and real-time payments to underserved SMB clients.
  • No-Code, AI-Driven Platform: Tensec’s infrastructure eliminates integration hurdles and streamlines compliance for faster, cheaper global commerce.

Summary: Tensec, a fintech startup launched by veterans from Rapyd, Meta, and Goldman Sachs, has secured $12 million in seed funding led by Costanoa Ventures. The company is building a no-code, AI-powered platform that allows global trading companies to embed financial services—like FX, cross-border payments, and treasury—directly into their workflows.

Targeting the $190 trillion B2B trade market, Tensec aims to empower SMBs that have long lacked access to institutional-grade financial tools. Already supporting $10 billion in trade volume, the company plans to expand into APAC and Europe, positioning itself as the Stripe for global trade.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities for founders

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

Airwallex: Your Global Business Account

Airwallex: A global business account, built for the modern...

Do Kwon Sentenced to 15 Years for Terraform’s Massive Fraud Scheme

Court ruling marks a significant moment for cryptocurrency accountability. Highlights:...

Nationwide Fined $44 Million for Ineffective Financial Crime Controls

The financial institution faces penalties for subpar compliance measures. Highlights:...

Grasshopper Bank Acquired by Enova for $369 Million in Strategic Move

Acquisition aims to enhance Enova's digital banking capabilities and...

JPMorgan Enables US Commercial Paper Issuance for Galaxy Holdings on Solana

A significant step in the intersection of traditional finance...

Mollie Announces Strategic Acquisition of GoCardless to Enhance Payments

The acquisition aims to provide seamless payment solutions for...

BIS and Central Banks Trial Post-Quantum Cryptography for Payments

Exploring security solutions for the future of digital transactions. Highlights:...

Mollie Set to Acquire GoCardless in Strategic Fintech Expansion

This acquisition promises to enhance payment solutions for businesses...

Tandem Bank Appoints Former B CTO as Chief Technology Officer

Strategic leadership shift aims to enhance Tandem's tech capabilities. Highlights:...
spot_img

Related Articles

Popular Categories

spot_imgspot_img