Round Treasury raises $2.1M for their all-in-one treasury management platform for startups

Round Treasury, a fintech startup based in London, has recently raised $2.1 million in a pre-seed funding round. This funding, led by Passion Capital and supported by investors like Tiny VC and Ascension, is aimed at advancing Round Treasury’s mission to simplify treasury management. Targeting small and medium-sized businesses (SMBs), the platform offers a streamlined approach to financial management by centralising cash control and providing transparency across multiple bank accounts.

Founders Pac O'Shea and Hayyaan Ahmad identified the need for simpler treasury solutions, especially for SMBs that often face challenges in cash management and liquidity oversight. The platform is designed to address the evolving treasury needs of modern businesses. Traditionally, treasury management solutions are complex and often costly, limiting accessibility for smaller companies. Round Treasury’s goal is to make these services more approachable and affordable, allowing smaller enterprises to manage cash flow with the same ease as larger corporations. By consolidating financial data across various accounts, the platform ensures businesses can monitor liquidity and make informed decisions more efficiently.

Round Treasury’s solution is especially valuable for CFOs and founders, who typically juggle multiple responsibilities. With an intuitive interface, the platform allows these leaders to gain better control over cash management without needing extensive treasury experience. The platform’s features are tailored to deliver real-time insights into cash flow and balances across multiple accounts, making it easier for companies to strategise and allocate funds effectively.

The startup’s approach aligns well with the growing need for more agile financial solutions among SMBs. As companies become more globally interconnected and expand their banking relationships, the ability to view and manage cash flow from a central platform has become increasingly important. Round Treasury’s technology eliminates the need to navigate multiple banking portals, reducing administrative overhead and improving overall financial clarity. This streamlined management is particularly appealing to businesses looking to optimise their operations without additional resources.

With this funding, Round Treasury plans to enhance its platform by incorporating features that cater specifically to the nuanced needs of SMBs. One area of focus is further development in cash flow forecasting, allowing users to project future financial scenarios and make proactive decisions. Additionally, the startup aims to build features that enhance security and compliance, ensuring that SMBs can safely manage their finances within the platform.

The support from investors like Passion Capital and Tiny VC highlights the increasing interest in fintech solutions that simplify essential business functions. Round Treasury’s approach addresses a gap in the market, where large corporations traditionally dominate treasury solutions while smaller businesses often rely on fragmented processes. By providing a comprehensive solution, Round Treasury allows SMBs to gain financial agility and resilience, qualities that are crucial in today’s competitive landscape.

The funding also provides Round Treasury with the resources to grow its team and accelerate product development. The startup is focused on refining its platform to make treasury management more accessible, especially for businesses that may lack dedicated financial departments. This vision aligns with the trend toward democratising financial technology, where complex services once reserved for larger entities are adapted for a broader market.

Round Treasury’s success in securing this funding demonstrates the growing demand for innovative treasury management solutions. As more businesses embrace digital transformation, the need for transparent, easy-to-use platforms is set to rise. Round Treasury is well-positioned to meet these demands, helping SMBs manage their finances with efficiency and confidence.

Looking forward, Round Treasury’s founders are committed to expanding their platform’s capabilities to meet the diverse needs of their users. This includes exploring partnerships with other financial institutions and integrating advanced analytics features to support strategic financial planning. Their overarching goal is to empower SMBs to navigate treasury management independently, reducing dependency on costly external resources.

By prioritising accessibility and simplicity, Round Treasury is paving the way for a new era of financial autonomy for smaller businesses. With continued development and strategic partnerships, Round Treasury aims to redefine treasury management, providing SMBs with the tools they need to thrive in a complex financial environment.

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