Grain emerges from stealth with $50M to help any business hedge against FX volatility

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Foreign exchange fluctuations can make or break a business that trades across borders, but keeping up and responding to the FX market can be tricky if you’re anything smaller than the world’s largest enterprises.

Today, a startup called Grain is emerging from stealth with a product that it says will let finance teams at companies of any size better understand and be more responsive to FX changes by hedging transactions. The company is hitting the ground running with funding of more than $50 million and processing volume (picked up while in…



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Grain emerges from stealth with $50M to help any business hedge against FX volatility


Foreign exchange fluctuations can make or break a business that trades across borders, but keeping up and responding to the FX market can be tricky if you’re anything smaller than the world’s largest enterprises.

Today, a startup called Grain is emerging from stealth with a product that it says will let finance teams at companies of any size better understand and be more responsive to FX changes by hedging transactions. The company is hitting the ground running with funding of more than $50 million and processing volume (picked up while in…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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