Tesser provides a full‑stack stablecoin platform that enables banks, payment service providers, and remittance firms to settle cross‑border payments directly in stablecoins. The solution includes multi‑chain wallets, configurable custody, on‑/off‑ramps and rule‑based treasury tools to reduce prefunding, retain FX revenue, and meet compliance requirements.
Funding
$4.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
1OFounders
Product
Problem
Financial institutions face high prefunding requirements, liquidity lock‑up, and operational friction when settling cross‑border payments with traditional fiat rails, while third‑party crypto wallets and exchanges capture deposits and FX revenue, limiting control and compliance.
Solution
Tesser offers a full‑stack stablecoin infrastructure that lets banks, payment service providers, and remittance companies settle directly in stablecoins without relying on external wallets. The platform provides configurable custody, multi‑token and multi‑chain support, and cross‑chain swap capabilities, enabling instant, borderless payments while reducing the need for prefunded fiat reserves. Integrated on‑ and off‑ramps allow institutions to act as the primary FX and conversion provider in key corridors, retaining revenue and customer relationships. Rule‑driven treasury management and on‑chain risk controls automate liquidity allocation and compliance, delivering capital efficiency and faster settlement. All components are modular and compliance‑ready, allowing firms to tailor the solution to their regulatory and business models while maintaining full visibility and control over the funds flow.
Target Audience
Primary customers are banks, payment service providers, and remittance companies seeking to expand stablecoin settlement corridors while retaining control over liquidity, compliance, and customer relationships.
Features
- Secure wallet infrastructure with multi‑token, multi‑chain support and automated cross‑chain swaps
- Configurable custody and policy‑based treasury management to optimize prefunding and liquidity usage
- Embedded on‑ramp and off‑ramp services for seamless fiat‑stablecoin conversion and FX revenue capture
- On‑chain risk management tools with rules‑driven controls and real‑time monitoring
- Comprehensive payments and compliance data, including network fee optimization and reconciliation support
- Modular, API‑driven architecture that can be customized to fit specific regulatory and business requirements