Jiko Nabs $29M Series C Financing
Summary
SAN FRANCISCO, CA, Jiko, the technology platform and bank that provides seamless access to U.S. Treasury bills, announced today the completion of a $29 million Series C funding round. This latest investment strengthens the companys operating capital as it continues to establish itself as a major player in the institutional and enterprise market. Jiko is an innovative technology platform and a bank that delivers unprecedented safety, liquidity, and simplicity. Jiko is evolving the traditional deposit model through the introduction of digital Jiko Pockets, which combine the transactional features of a bank account, with seamless, fully automated investments in U.S. Treasury bills. Clients can access their Jiko Pockets through a combination of a modern online dashboard, secure enterprise API end-points, and third-party integrations with an ever-growing list of partners in the Treasury Management space.
Funding
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