Tesser Secures $4.5M Seed to Modernize FI Stablecoin Payments

Tesser, a financial technology company specializing in stablecoin solutions for institutions, has successfully raised $4,500,000 in its latest funding round. This significant capital infusion underscores investor confidence in Tesser's mission to modernize payment and settlement infrastructure for financial institutions through compliant digital asset solutions. The company provides financial institutions, including banks, Money Service Businesses (MSBs), and Payment Service Providers (PSPs), with a comprehensive, compliant platform to facilitate the sending and receiving of funds using stablecoins. Tesser’s platform is designed exclusively to support FIs, enabling them to enhance their competitiveness by integrating on-chain payments and settlements seamlessly into their operations. Its complete stack allows institutions to easily custody stablecoins, route transactions, manage compliance, reconciliation, error handling, and reporting, thereby augmenting existing controls while offering approximately 80% faster time to value and advantageous economics. This funding round is significant as it provides Tesser with crucial resources to advance its strategic objectives. Tesser plans to use the newly secured funds to accelerate the development of its platform, further enhancing its capabilities and expanding its reach within the financial sector. The investment will also support the company’s efforts to scale its operational infrastructure and continue its innovation in providing compliant, efficient stablecoin solutions that meet the evolving demands of the market. The $4,500,000 investment positions Tesser for sustained expansion as it addresses the evolving needs of financial institutions seeking to leverage stablecoin technology for faster, more efficient transactions. The company is poised to continue its growth trajectory, empowering its clients to stay at the forefront of digital asset adoption while maintaining rigorous regulatory compliance and operational integrity.