
London-based fintech company TreasurySpring has raised $29 million in Series B funding, with the round led by Balderton Capital. Mubadala Capital and previous investors ETFS Capital, MMC Ventures, and Anthemis Group also participated in the funding. As a first-of-its-kind investment platform, TreasurySpring allows firms of all sizes to unlock and protect the true value of their cash assets. The fintech firm addresses the rising need for companies to diversify their cash deposits and access high-quality investments while minimizing banking risks.
The company’s success is due to its seamless, secure solution, which has spurred demand for the platform.
Currently, TreasurySpring supports over 100 clients that are adding to the 250+ institutional clients that have already signed up for their service. It’s easy for companies to place cash assets on the platform, regardless of their size. The platform provides access to investment capabilities and diversification that were previously reserved exclusively for large financial institutions.
The fintech firm’s Fixed-Term-Funds (FTFs) offer the flexibility, safety, and diversification that clients need, while also providing secure access to over 600 standardized cash investment products across seven different currencies and three categories: governments, corporates, and banks such as Goldman Sachs, Barclays, and Societe Generale. Since the company’s inception in 2017, TreasurySpring’s infrastructure has enabled clients to buy their preferred FTFs from one week up to 13 months. Its clients range from FTSE 100 corporations and leading multinationals to tech companies, fund managers, charities, and family offices.
| Investors | Investment Focus | Startup Investments | Round Size | Connect |
|---|---|---|---|---|
![]() Balderton Capital( ) Balderton Capital is a venture capital firm focusing primarily on technology and... London | ||||
![]() Mubadala Capital( ) Abu Dhabi, UAE | ||||
![]() Etfs Capital( ) ETFS Capital, founded in 2018 and based in London, is a venture capital firm foc... London | ||||
![]() MMC Ventures( ) MMC Ventures is a London-based venture capital firm that has backed early-stage,... London | ||||
![]() Anthemis( ) Anthemis Group is a venture capital firm focused on reinventing finance to creat... London | ||||
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