Agicap Secures €45 Million in Series C Funding to Expand Treasury Management Services

  • France-based fintech Agicap has raised €45 million in a Series C funding round, led by AXA Venture Partners, to strengthen its treasury management platform for SMEs across Europe.
  • With over 8,000 clients, Agicap offers a comprehensive suite of tools for cash flow and liquidity planning, debt, and investment management, all integrated with banking and ERP systems.
  • The new funding will enable Agicap to enhance product offerings, with a focus on FX risk and credit management, expand its customer support and sales teams, and advance its market strategy through partnerships and system integrators.
  • The company aims to reach positive cash flow in Europe by early 2025.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Talos and Nasdaq Strengthen On-Chain and Off-Chain Collateral Workflow

New partnership enhances digital asset handling and collateral management.Highlights: Talos and Nasdaq collaborate to streamline collateral workflows.Partnership aims...

FCA Restricts Use of Sensitive Data in AI Trial with Palantir

Regulatory concerns arise over data handling protocols in AI trials.Highlights: FCA criticized for using sensitive data in AI...

Bank of Ireland Strengthens AI Readiness for Staff Training

New initiatives prepare employees for an AI-driven banking landscape.Highlights: Bank of Ireland launches AI training initiatives for staff.Employees...

MAS Develops AI Risk Management Toolkit to Strengthen Financial Sector

New toolkit aims to enhance risk management within Singapore's finance industry.Highlights: MAS launches an AI Risk Management Toolkit...