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Game-changer for any business operating internationally. Big congratulations to the @grainfinance_co team on the $50M raise! https://t.co/awMlrYhH9Z
FX/cross-border payments are projected to grow from $190T to $290T over the next 7 years. @grainfinance_co is poised to help customers simplify and de-risk cross-border commerce on a global scale.
The news: BCV led @grainfinance_co’s Series A. The opportunity: Supporting co-founders Dor, Michal, Aharon and Nir in pioneering the future of foreign exchange/cross-border payments. The @TechCrunch exclusive: https://t.co/4aFP3I1Lhm
Grain Finance has emerged from stealth mode with a $50 million funding round aimed at helping businesses hedge against foreign exchange (FX) volatility. The Series A funding was led by Bain Capital Ventures (BCV), which expressed support for co-founders Dor, Michal, Aharon, and Nir in their mission to innovate in the foreign exchange and cross-border payments sector. The market for FX and cross-border payments is projected to grow from $190 trillion to $290 trillion over the next seven years, positioning Grain Finance to assist customers in simplifying and mitigating risks associated with international commerce.