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Uk Fintech Treasuryspring Raises $29 Million To Scale Its Cash Investment Platform

Uk Fintech Treasuryspring Raises $29 Million To Scale Its Cash Investment Platform

06/25/23, 11:04 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svglondon
Money raised
$29 million
Industry
lending
fintech
finance
financial services
Investors
Anthemis Group, Mmc Ventures, Etfs Capital, Mubadala Capital, Balderton Capital
London-based fintech TreasurySpring is a cash investment platform founded by Kevin Cook (CEO), Matthew Longhurst (COO) and James Skillen (CTO), for companies to access cash investment opportunities which are usually only reserved for large financial institutions.

Company Info

Company
TreasurySpring
Location
london, ontario, canada
Additional Info
TreasurySpring is a financial technology company that is unlocking multi-trillion dollar wholesale money markets. Our regulated Fixed-Term Fund platform delivers new digital pipelines to connect cash rich firms to institutional borrowers. Built on enterprise-grade infrastructure and designed in collaboration with leading industry participants, Fixed-Term Funds bring the power of the largest, most sophisticated treasury departments to all firms holding material cash balances, for the first time. By providing transparent, single-name, fixed-term exposure to government, secured bank and corporate assets, FTFs offer clients an opportunity to diversify away from traditional unsecured bank exposure; to reduce risk and increase returns, through a simple digital platform that requires no client infrastructure or cost. For governments, banks and investment grade corporates that are interested in cheaper short-term financing options, Fixed-Term Funds offer flexible, low-cost access to a new, diverse network of non-bank funders. Designed for all holders of large cash balances, from corporates to charities, private funds to insurance companies, family offices to private banks and beyond, FTFs share many of the characteristics of term deposits but are much more versatile and are delivered at the “click of a button."

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