What is Standard Treasury?
Standard Treasury specialized in building, hosting, maintaining, and supporting white-labeled and co-branded developer platforms for banks globally. Their solutions enabled partner banks to achieve substantial top-line growth by reducing customer servicing costs, decreasing churn, and increasing transaction volumes. Furthermore, Standard Treasury's technology allowed banks to deliver immense value to their own customers by facilitating radical automation of treasury management and accounting processes.
How much funding has Standard Treasury raised?
Standard Treasury has raised a total of $2.7M across 1 funding round:
Angel/Seed
$2.7M
Angel/Seed (2014): $2.7M with participation from SV Angel, Data Collective, Y Combinator, RRE Ventures, and Index Ventures
Key Investors in Standard Treasury
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses, prioritizing strong partnerships and providing essential resources and strategic insights.
Data Collective
Data Collective is a startup non-profit focused on building and supporting technology to help people find, understand, and share data, aiming to advance citizen knowledge and education.
Y Combinator
Y Combinator is a renowned accelerator program that provides seed funding for startup businesses and acts as a crucial early-stage investor.
What's next for Standard Treasury?
The major enterprise-level funding and strategic investment received by Standard Treasury indicate a strong market validation and a trajectory towards significant scaling and market penetration. This capital infusion is likely to fuel further product development, expansion of its service offerings, and strengthening of its partnerships within the banking sector. The company's focus on developer ecosystems positions it to capitalize on the ongoing digital transformation within financial services, aiming to solidify its standing as a key enabler of innovation for banks worldwide.
See full Standard Treasury company page