Tensec Secures $60 Million Credit Facility from Upper90 to Scale AI-Powered Cross-Border Services

October 21, 2025
Fintech startup Tensec has obtained a $60 million credit facility from Upper90 Capital Management to expand its AI-native cross-border financial services platform, enabling a tenfold increase in transaction capacity.

Fintech startup Tensec has secured a $60 million credit facility from Upper90 Capital Management to expand its AI-native cross-border financial services, announced in a press release. The financing will allow the Palo Alto-based company to increase its annual trade volume from $500 million to $5 billion.

Tensec provides global trading companies with foreign exchange, payments, and treasury capabilities through a zero-integration platform. Its AI system manages technical, operational, and compliance functions, enabling businesses to embed financial tools directly into their operations using a “Powered by Tensec” model.

The company works with Stearns Bank, N.A., to offer compliant U.S. banking and payment services. The new credit facility will support higher transaction volumes and expand Tensec’s customer base, targeting the addition of more than a hundred new trading partners over the next 18 months.

Earlier this year, Tensec raised $12 million in seed funding led by Costanoa to build the foundation for its services. With this new financing, the company aims to accelerate scaling and meet growing demand in the cross-border payments sector.

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