PALO ALTO, CA, Tensec, a fintech startup focused on providing cross-border financial services, today announced a strategic $60 million credit facility with Upper90 Capital Management.
The financing enables Tensec to expand its annual trade volume from $500MM to $5B, addressing surging demand from its import/export trading clients.
Tensec is a Silicon Valley technology company reimagining B2B cross-border financial services by providing the fastest and simplest way for businesses to move money across global markets. Founded by veterans from PayPal, Meta, Goldman Sachs, Visa, Mastercard and Credit Karma, Tensec equips global trade companies and FX service providers with the tools to directly deliver cross-border payments and financial solutions to their clients.
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