Treasury Prime Raises $20 Million in Insider Round

▤ Summary

Series B Raise Caps 12 Months of Accelerating Growth with New Bank Partners and Over 50 Fintech Customers SAN FRANCISCO, May 12, 2021 /PRNewswire/ -- Treasury Prime ( ), the leading Banking as a Service (BaaS) company, today announced that it has completed a $20 million Series B insider round co-led by Deciens Capital and QED Investors and with participation from SaaStr Fund, and Susa Ventures. The company has brought on new bank partners including , which also participated in the funding round, and , and now has more than 50 leading fintech customers including: • None , a neobank for employers to sponsor financial services for their employees • None , a provider of innovative cash management solutions for financial advisors, their clients, and banks • None , a startup that democratizes entrepreneurship by making it easy to start, run, and grow a business Earlier this year, Treasury Prime announced a partnership with , the global modern card issuing platform, that enables fintechs to manage the entire card lifecycle using the same Treasury Prime API they use for every other banking service, and to use Treasury Prime for program management services including network agreements, BIN management, fraud detection tools, and custom card design, printing, packaging, and shipping services. "What Twilio did for communications, what Amazon did for cloud computing, Treasury Prime is doing for banking: delivering a great experience to developers and to business leads that makes it possible to get to market in a highly regulated industry in record time." Treasury Prime has impressive market traction because their technology doesnt just automate connections, it strengthens operational and governance controls that allow both fintechs and banks to scale and grow." Treasury Prime is backed by Deciens Capital, Nyca Partners, Pacific Western Bank, QED Investors, SaaStr Fund, Susa Ventures, and Y Combinator.

$ Funding

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Treasury Prime

$5M to $10M