Wednesday, October 16, 2024
6.5 C
New York

Enterprise fintech Treasury4 closes Series A at $20m

Enterprise fintech Treasury4 raises $20 million in a Series A funding round to enhance its financial solutions for CFOs.

Facts

  • Treasury4, based in Spokane, Washington, secures $20 million in Series A funding.
  • The round is led by WestCap, with participation from Cowles Company, Fortson VC, Voyager Capital, Kick-Start Seed Fund, and WTB Financial Corporation.
  • Notable individuals like Jim DuBois (former CIO of Microsoft) and Chris Growney (co-founder of Clearwater Analytics) are believed to have participated.
  • Treasury4, founded in 2020, offers financial planning and risk management tools through API-led software solutions.
  • The funding will support the development of Entity4 (legal entity management) and Cash4 (global cash management).
  • Treasury4 plans to establish and strengthen strategic partnerships and accelerate its product roadmap.
  • CEO Steve Helmbrecht highlights how modern technologies empower CFOs with data, visualizations, and foresight.
  • WestCap appoints Sean Duncan and Jeff Mullen to the Treasury4 board to support its development phase.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

LendingClub and Pagaya acquire intellectual property of shuttered fintech Tally

LendingClub Corporation, a California-based digital lending platform, has...

Toss Securities promotes Gyubin Kim to CEO

Gyubin Kim has been promoted to CEO of...

UK challenger Monese to be acquired by fellow fintech Pockit

Pockit, a UK fintech, is acquiring Monese, a...

ICYMI fintech funding round-up: Bitlayer, Quartr, FutureMoney, Solifi and more

Bitlayer (Singapore) secured $9 million in a Series...

Aleph acquires majority stake in Argentinian PSP Localpayment

Aleph Holding has acquired a controlling equity interest...

Related Articles

Popular Categories

spot_imgspot_img