Tensec, a Palo Alto, CA-based cross-border monetary providers firm, raised $12m in seed funding.
The spherical was led by Costanoa Ventures, with participation from Quiet Capital, WillowTree Investments, Cambrian VC, Ignia Companions, Montage Ventures, Renegade Companions, and Endeavor Scale Up Ventures.
The corporate intends to make use of the funds to ecxpand operations and its enterprise attain.
Led by Helcio Nobre, CEO, and Sandrine Okasmaa, Chief Working Officer, Tensec leverages AI, real-time funds and a world fintech infrastructure to create a no-integration platform that permits international buying and selling firms to supply overseas trade (FX) providers, cross-border funds, treasury and different monetary providers to their SMB purchasers. The corporate is already working with clients who facilitate $10 billion in annual commerce quantity.
Tensec is headquartered in San Francisco, with places of work in New York, Mexico Metropolis, and São Paulo. Banking providers in the USA are supplied by Stearns Financial institution, Member FDIC.
FinSMEs
18/06/2025
