Treasury Prime raises USD 40 million in Series C funding


Share post:

Treasury Prime, based in San Francisco, has announced a USD 40 million Series C funding round, which is being led by new investor BAM Elevate. Since its launch in 2017, Treasury Prime has raised roughly USD 73 million.

Along with previous backers Deciens, QED, and SaaStr, the financing also included Banc Funds and Invicta. The business asserts that it can assist FinTech startups with a variety of services, such as money transfers, risk reduction, and access to the infrastructure of a chartered bank.

The company intends to use its new capital to continue expanding its multi-bank network, which currently consists of 16 banks, and new integrated partner marketplace, as well as to create new products and services, such as lending options.

Read More: Proving that banking as a service is hotter than ever, Treasury Prime raises $40M Series C

TalkFintech Bureau
TalkFintech Bureau
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.


Please enter your comment!
Please enter your name here


Related articles

Solutions by Text Appoints New Chief Product Officer to Bring Payments & Messaging into New, Autonomous Era

Solutions by Text, creator of FinText, an embedded messaging and payments platform for consumer finance businesses, today announced...

Arta Finance Hires Tomas Arlia to Expand Alternative Investment Offerings

Arta Finance, a fintech company transforming the way people grow, protect and enjoy their wealth, today announced the addition...

Varo Bank Introduces “Varo to Anyone”

Varo Bank announced the launch of "Varo to Anyone," an instant payment service with options for sending money,...

London & Capital Associates with Addepar to Offer Investment Management and Reporting Solutions Globally

London & Capital collaborates with Addepar to introduce portfolio analysis, data modeling, tailored investment management, and performance reporting...