Founded in 2025 and headquartered in New York, Tesser builds infrastructure that lets licensed banks, payment service providers, and fintechs use stablecoins as a new payment rail. Its cloud-based platform manages wallet provisioning, treasury, compliance orchestration, and reconciliation, abstracting blockchain complexity while allowing institutions to retain full control over risk and customer relationships. The company claims it can cut international payment times from weeks to mere hours while reducing costs by 95% compared with traditional methods. Integration takes less than a month, positioning Tesser as a plug-and-play solution rather than a competitor to existing financial institutions. An MVP launch is planned for Money 20/20 in October 2025, after which the firm will focus on commercial roll-outs with early banking and PSP partners. Tesser is capitalizing on rapid growth in stablecoin transaction volumes, which hit $6.4 trillion in 2024—nearly half of Visa’s global volume—highlighting the market opportunity. The recent $4.5 million seed financing provides the runway to complete product development, secure regulatory integrations, and expand the team.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Oct 2025