Tenora Completes Major Funding Round Led by Macquarie

Tenora Financial Group Ltd, a platform empowering businesses to take control of foreign exchange (FX) risk, today closes a major initial funding round led by Macquarie Group. The significant institutional backing, raised through Macquarie’s Commodities and Global Markets group, will accelerate Tenora’s development of technology aimed at bringing transparency to an opaque market reliant on legacy systems and manual workflows.

Founded in 2025,  Tenora was created to redefine industry standards in FX risk management. The platform will model, monitor and manage FX risk for corporates and institutions, delivering visibility for modern finance teams. By placing transparency and intelligent technology at the heart of FX and payments, Tenora aims to improve decision making for clients who have long relied on complex and fragmented data solutions.

In leading this funding round, Macquarie will take a strategic stake in Tenora. Macquarie offers the expertise and scale required to develop the platform, which will be fully operational in Q1 2026.

As part of the partnership between both businesses, Daniel McMahon, Associate Director, and Lachlan Green, Division Director at Macquarie, have joined the Tenora Board with immediate effect and will work closely with company co-founders, Harry Adams (Chief Executive Officer), Tom Alexander (Chief Product Officer) and Nick Corlett (Chief Technology Officer). As part of this round, further funding was raised via Tenora employees and individual private investors.

Prospective clients can use Tenora’s free Hedge Analyser and register their details for product updates via www.tenora.com.

Harry Adams, Co-Founder and Chief Executive Officer of Tenora, commented: “I am very pleased to welcome Macquarie as a significant shareholder in Tenora. To attract the backing of a major financial institution at this early stage is a strong endorsement of both the market need for our differentiated solution, and our compelling long-term strategy. Our two businesses believe that change is needed in the non-bank FX and payments industry to put the power back in the hands of finance teams. We look forward to launching our product and working together to reimagine the future of FX risk management”.

Arturo Alonso, Senior Managing Director, Macquarie Group EMEA, commented: “We are delighted to be partnering with Tenora, providing the financial and strategic backing required to develop a disruptive solution for the FX and payments industry. We have followed Harry’s journey for many years. The credibility of the team he has built around him and the significant market need for Tenora’s solution made this a highly attractive, long-term partnership for Macquarie.”