Rabobank and OFX invest in spin-off venture: TreasurUp
Summary
We believe OFX and TreasurUp have a lot of potential in helping clients around the world with superior risk management, payments, and reporting solutions. We are excited to start leveraging each others strengths in the areas of digital service delivery, risk management, and global coverage for SMEs, especially mid-sized Corporates. TreasurUp has proven its added value for our clients and beyond, now paving the way to team up with OFX in order to boost innovation and expansion. In the coming years TreasurUp will focus on expansion outside Europe and the development of new treasury modules and services for banks. OFX is excited to support TreasurUp to offer banks both a state-of-art front-end and a proven platform for cross border payments and risk management.