BankingBusinessFinTech

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.
Previous article
Conotoxia Plans Transition to Joint-Stock Company and Pursues EU Banking License
Next article
Zand Bank Partners with Alibaba Cloud and Ant Digital to Boost AI and Fintech Services in UAE
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

FinTech

Fed Accelerates FedNow Development for Cross-Border Payments

New consultations aim to enhance international transaction efficiency.Highlights: Federal Reserve seeks input on cross-border payment improvements.FedNow aims to...
FinTech

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...
FinTech

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...
FinTech

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...