What is TreasurySpring?
TreasurySpring is a financial technology firm dedicated to unlocking the multi-trillion dollar wholesale money markets. Its regulated Fixed-Term Fund (FTF) platform provides digital channels connecting cash-rich entities with institutional borrowers. Designed with enterprise-grade infrastructure and in collaboration with industry leaders, FTFs empower firms with substantial cash balances by offering transparent, single-name, fixed-term exposure to government, secured bank, and corporate assets. This diversification strategy aims to reduce risk and enhance returns, moving away from traditional unsecured bank exposure. For entities seeking more cost-effective short-term financing, FTFs present a flexible, low-cost avenue to access a diverse network of non-bank funders. The platform is accessible to a wide array of organizations, including corporates, charities, private funds, insurance companies, family offices, and private banks, offering a versatile alternative to term deposits.
How much funding has TreasurySpring raised?
TreasurySpring has raised a total of $31.4M across 3 funding rounds:
Other Financing Round
$2.4M
Series A
$10M
Series B
$19.1M
Other Financing Round (2019): $2.4M with participation from MMC Ventures and ETFS Capital
Series A (2021): $10M led by Anthemis, ETFS Capital, and MMC Ventures
Series B (2023): $19.1M supported by Balderton, MMC Ventures, and Black Lion Group
Key Investors in TreasurySpring
MMC Ventures
MMC Ventures is a venture capital firm that focuses on funding and scaling technology companies that are transforming markets. They specialize in early-stage investments, from Seed to Series A, and are known for their deep understanding of technology and business models.
Anthemis
Anthemis is a London-based investment firm established in 2010, dedicated to fostering change within the financial services industry through investment and business growth.
ETFS Capital
ETFS Capital is a venture capital firm based in London, founded in 2018, that invests in early-stage European fintech businesses. They actively support founders aiming to disrupt their industries and often take a lead role in Series A funding rounds.
What's next for TreasurySpring?
The substantial enterprise-level funding, culminating in a major strategic investment, positions TreasurySpring for significant scaling and market penetration. This capital infusion is expected to accelerate the development and adoption of its Fixed-Term Fund platform, further solidifying its position as a key player in modernizing wholesale money markets. The company's focus on providing regulated, digital solutions for cash management and short-term financing indicates a strategic move towards greater efficiency and risk mitigation within the financial sector. Future growth will likely involve expanding its network of cash-rich firms and institutional borrowers, enhancing its technological infrastructure, and potentially exploring new financial products that leverage its established platform.
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