Thursday, November 21, 2024
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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.

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