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Tensec is a seed company based in Palo Alto (United States), founded in 2023 by Helcio Nobre, Sandrine Cousquer-Okasmaa and Yang Wang. It operates as a Provider of cross-border payment and FX solutions for international businesses. Tensec has raised $12M in funding from Costanoa. The company has 602 active competitors, including 18 funded and 19 that have exited. Its top competitors include companies like Saxo Bank, Plus500 and Vested Finance.
Company Details
Provider of cross-border payment and FX solutions for international businesses. This company offers a single platform consolidating FX, cross-border payments, and transaction banking services. The platform facilitates real-time payments and multi-currency transactions, streamlining global money movement. It incorporates AI-driven risk assessment and compliance features to accelerate verification processes. Embedded FX hedging and revenue tools are also provided to optimize profitability. The platform aims to improve efficiency and reduce costs associated with international financial transactions.
- Website
- www.tensec.io/
- Email ID
- *****@tensec.io
Key Metrics
Founded Year
2023
Location
Palo Alto, United States
Stage
Seed
Total Funding
$12M in 1 round
Latest Funding Round
Ranked
607th among 1123 competitors
Legal entities associated with Tensec
Tensec is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Dec 14, 2023 | - | - | - |
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Tensec's funding and investors
Tensec has raised a total funding of $12M over 1 round. Its latest funding round was a Seed round on Jun 18, 2025 for $12M. 7 investors participated in its latest round, lead by Costanoa.
Tensec has 8 institutional investors including Costanoa, Montage Ventures and IGNIA.
Here is the list of recent funding rounds of Tensec:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jun 18, 2025 | $12M | Seed | 6782185 | 7860500 |
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Tensec's founders and board of directors
Founder? Claim ProfileThe founders of Tensec are Helcio Nobre, Sandrine Cousquer-Okasmaa and Yang Wang. Helcio Nobre is the CEO of Tensec.
Here are the details of Tensec's key team members:
- Helcio Nobre: Co-Founder & CEO of Tensec. Contact Info: 1 email address
- Sandrine Cousquer-Okasmaa: Co-Founder & COO of Tensec. Contact Info: 1 email address
- Yang Wang: Co-Founder & Engineering of Tensec. Contact Info: 1 email address
View details of Tensec's Founder profiles and Board Members
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Tensec's Competitors and alternates
Top competitors of Tensec include Saxo Bank, Plus500 and Vested Finance. Here is the list of Top 10 competitors of Tensec, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online platform for trading in forex, options, and CFDs | $548M | 71/100 | ||
2nd | Plus500 2008, London (United Kingdom), Public | Online platform for trading in CFDs, forex, cryptocurrencies, and indices | - | 71/100 | |
3rd | Vested Finance 2015, Mumbai (India), Series A | App-based online platform for fractional investing in stocks for foreign investors | $23.6M | 67/100 | |
4th | Webull 2017, New York City (United States), Acquired | Broker-based online trading platform | $194M | 67/100 | |
5th | Oanda 1995, San Francisco (United States), Acquired | Online trading platform for forex and CFDs | $117M | 65/100 | |
6th | CMC Markets 1989, London (United Kingdom), Public | Broker-based online trading platform | - | - | 61/100 |
7th | Moomoo 1999, Palo Alto (United States), Unfunded | Multi-asset trading platform for individuals | - | - | 58/100 |
8th | ActivTrades 2001, London (United Kingdom), Unfunded | Forex Broker | - | - | 52/100 |
9th | FXCM 1999, New York City (United States), Public | Trading platform for forex and CFDs | - | 51/100 | |
10th | Flow Traders 2004, Amsterdam (Netherlands), Public | Online platform for trading in forex, digital assets, and commodities | - | 50/100 | |
607th | Tensec 2023, Palo Alto (United States), Seed | Provider of cross-border payment and FX solutions for international businesses | $12M | 10/100 |
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Tensec's Investments and acquisitions
Tensec has made no investments or acquisitions yet.
Reports related to Tensec
Here is the latest report on Tensec's sector:
News related to Tensec
Media has covered Tensec for 1 event in last 1 year.
•
Tensec Secures $12M to Transform the $190T Cross-Border Payments MarketPR Newswire•Jun 18, 2025•Tensec, Costanoa, Quiet Capital, WillowTree and 4 others
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