What is Jiko Technologies?
Founded by a cohort of former Goldman Sachs bankers and engineers, Jiko Technologies operates at the intersection of fintech innovation and institutional-grade asset management. The company provides a proprietary platform that allows businesses and individuals to hold cash in US Treasury bills while maintaining the liquidity and transactional functionality of a standard checking account. This model effectively mitigates the systemic risks associated with traditional fractional-reserve banking, offering a democratic approach to capital preservation. As a leader in the embedded finance space, Jiko is redefining how liquid assets are managed, moving beyond legacy banking constraints to provide a more transparent and efficient treasury management experience for the modern enterprise.
How much funding has Jiko Technologies raised?
Jiko Technologies has raised a total of $69M across 2 funding rounds:
Series A
$40M
Series C
$29M
Series A (2020): $40M with participation from Upfront Ventures, Radicle Impact, Anthem Venture Partners, Wafra Inc, and Nyca Partners
Series C (2024): $29M led by Upfront Ventures, Airbus Ventures, and Red River West
Key Investors in Jiko Technologies
Upfront Ventures
Upfront Ventures is a Los Angeles-based venture capital firm that focuses on investing in technology businesses, including SaaS, digital media, and retail innovation.
Airbus Ventures
Airbus Ventures supports deeptech entrepreneurs by investing in transformative technologies that enhance the planet's future and unlock the potential of the hypersonic economy.
Red River West
Red River West provides significant financial support and expertise to European tech companies, facilitating their expansion into the U.S. market with a focus on digital models.
What's next for Jiko Technologies?
With the infusion of $29M, Jiko Technologies is well-positioned to scale its operations and expand its market footprint. The company's strategic roadmap likely involves deepening its integration with enterprise resource planning systems and enhancing its regulatory infrastructure to support broader adoption. As the firm transitions from its earlier growth phases into a more mature enterprise-level entity, the focus will remain on scaling its unique treasury-as-a-service model. By leveraging its recent capital injection, Jiko aims to further disrupt the status quo of corporate cash management, providing a robust alternative to conventional deposit accounts while maintaining high standards of security and operational efficiency in an increasingly volatile global economic climate.
See full Jiko Technologies company page
