Grain, a fintech startup focused on foreign exchange (FX) optimization, has emerged from stealth with $50 million in total funding to help businesses better navigate the complexities of FX fluctuations. The company has already processed over $1 billion in transactions, demonstrating its significant potential to transform how companies hedge against FX volatility. As global commerce continues to expand, Grain’s innovative platform provides an automated solution that brings sophisticated FX hedging strategies within reach of businesses of all sizes.

A Strong Foundation of Expertise and Innovation

Founded in 2022, Grain was established by a team of financial services veterans with deep expertise in fintech and cross-border payments. CEO and co-founder Dor Golan, previously managing partner at Blue Orca Capital and co-founder of Horizon, brings years of experience in financial markets. Co-founder and CBO Aharon Navon led Barclays CEEMEA FX and rates trading, while COO Michal Beinisch previously served as COO of Barclays Israel and head of Rise, its fintech innovation platform. These backgrounds have positioned Grain to tackle one of the most persistent challenges in global commerce: managing FX risk.

Solving the FX Hedging Problem for Smaller Companies

Foreign exchange volatility presents a considerable hurdle for businesses engaged in international trade, often leading to revenue losses from unfavorable currency fluctuations. Traditional FX risk management methods, typically employed by large enterprises, involve expensive hedging strategies that are not always accessible or cost-effective for smaller companies. Grain addresses this gap by embedding an AI-driven, automated FX optimization solution directly into business platforms, offering seamless integration with sales, payment systems, and online marketplaces.

AI-Driven Platform Brings FX Hedging to the Masses

Grain’s platform empowers finance teams to manage currency fluctuations in real-time, adjusting pricing strategies based on market conditions and the profile of the end user. This enables businesses to reduce their exposure to FX volatility, improving pricing precision and enhancing conversion rates. By utilizing FX derivatives and economies of scale, Grain’s solution provides businesses with the tools to implement hedging strategies that were once only available to the largest corporations with substantial financial resources.

Series A Funding to Accelerate Growth

The company’s recent success in raising $33 million in Series A funding, led by Bain Capital Ventures, has brought Grain’s total funding to over $50 million. This funding, following an $18 million seed round in 2022, marks a major milestone for the company as it moves to scale its solution. Grain’s founders believe that their product can reshape how businesses manage foreign exchange risk, shifting the paradigm from a challenge to a competitive advantage in the fast-paced global market.

Expanding the Team and Market Presence

Currently, Grain employs a team of 25 people and plans to double its workforce by the end of 2025. The company’s leadership team, with their deep roots in financial services and fintech, aims to drive the platform’s expansion and improve its offerings. As global transactions exceed $150 trillion annually, Grain’s mission to bring more accessible and effective FX hedging to businesses stands poised to help companies of all sizes thrive in an increasingly volatile financial landscape.

Grain’s ability to offer sophisticated, AI-powered FX solutions to smaller businesses is poised to disrupt the FX optimization market. With a robust funding foundation and a clear value proposition, the company is set to revolutionize how companies manage currency risk and pricing strategies. As the global marketplace continues to grow and evolve, Grain’s innovative approach has the potential to redefine how businesses engage with foreign exchange, turning volatility into an opportunity for growth.