TCX
Date | Investors | Amount | Round |
---|---|---|---|
* | €7.1m | Early VC | |
Total Funding | $7.8m |
Recent News about TCX
EditTCX Fund specializes in hedging emerging and frontier currencies, contributing to sustainable development in these markets. By converting hard currency funding into local currency loans, TCX mitigates exchange rate volatility, making debt financing predictable for borrowers. This allows international lenders to offer tailored financial products, enabling local businesses to focus on growth rather than currency risk management. TCX operates in the financial sector, serving international lenders and local borrowers in emerging and frontier markets. The business model revolves around providing currency hedging solutions, earning revenue through fees and spreads on hedging transactions.
Keywords: currency hedging, emerging markets, frontier markets, sustainable development, exchange rate volatility, local currency loans, debt financing, financial products, international lenders, risk management.