4 years ago
TreasurySpring Secures $10 Million in Series A Funding to Expand Fixed-Term Fund Platform
TreasurySpring, a London-based financial technology company, secured $10 million in Series A funding led by MMC Ventures and Anthemis Group, with participation from ETFS Capital
The company, which has raised over $15 million since its inception, will use the funds to expand operations, particularly focusing on sales, marketing, and its business reach
TreasurySpring provides a Fixed-Term Fund platform that allows holders of large cash balances to minimize risk and maximize returns by offering access to a diverse menu of proprietary cash investments
The platform has issued over $9 billion of FTFs to institutional clients, including FTSE 100 companies, IGOs, fund managers, and large private companies.
ProblemFinancial Services
"TreasurySpring is addressing the issue of risk and returns optimization for holders of large cash balances."
Solution
"TreasurySpring offers a Fixed-Term Fund platform, providing digital access to a diverse range of proprietary cash investments for risk minimization and return maximization."