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Grain raises $33m in Series A funding

Tel Aviv based FX hedging business raised $33m in Series A funding led by Bain Capital Ventures.

“Founder-market fit is important, and it’s difficult to find a better example of this than the Grain team as evidenced by their unique technical and commercial expertise in cross-border payments and connectivity within the banking ecosystem,” Fiorentino said in a statement. “They’ve built Grain with an AI-native, user-first ethos, which means they can deliver greater stability, cost savings, and even revenue uplift for customers while reducing their largest operational headaches.”

Tags

israel, fx, currency, payments, cross border, ai