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

Oct 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.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Finance AI Weekly, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

AI in Finance AI Funding News AI Brief AI Brief (X)
Free newsletter

Finance AI Weekly

Weekly newsletter about AI in finance. Covers AI-driven trading, fintech innovations, and data analytics transforming markets

AI Token Webinar

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.