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Treasury Prime Raises $20 Million in Insider Round Series B Raise Caps 12 Months of Accelerating Growth with New Bank Partners and Over 50 Fintech Customers News provided by Share this article SAN FRANCISCO, May 12, 2021 /PRNewswire/ Treasury Prime ( https://treasuryprime.com), the leading Banking as a Service (BaaS) company, today announced that it has completed a $20 million Series B insider round co-led by Deciens Capital and QED Investors and with participation from SaaStr Fund, and Susa Ventures. Dan Kimerling, co-founder and managing partner at Deciens Capital, will join the board of directors. The new capital will be used to accelerate go-to-market programs and to expand the company s sales, marketing, and engineering teams. ....
Treasury Prime raises $20M to scale its banking-as-a-service biz This morning Treasury Prime, a banking-as-a-service startup that delivers its product via APIs, announced that it has closed a $20 million Series B. The capital comes around a year since the startup announced its Series A, and around 1.5 years since it raised its preceding round. For Treasury Prime, the new capital was an internal affair, with prior investors stepping up to lead its new round of funding. Deciens Capital and QED Investors co-led the round, with Susa Ventures and SaaStr Fund also putting cash into the transaction. As is increasingly common among insider-led fundraises in recent years, the startup in question was not in dire need of new funding before the new investment came together. In fact, Treasury Prime CEO Chris Dean told TechCrunch that his firm is “super capital efficient” in an interview, adding that it had not tucked into its Series A capital until January of this year. ....
Treasury Prime, a San Francisco, CA-based Banking as a Service (BaaS) company, completed a $20m Series B insider round. The round was co-led by Deciens Capital and QED Investors with participation from SaaStr Fund, Pacific Western Bank, and Susa Ventures. In conjunction with the funding, Dan Kimerling, co-founder and managing partner at Deciens Capital, will join the board of directors. The company intends to use the funds to accelerate go-to-market programs and to expand sales, marketing, and engineering teams. Led by Chris Dean, co-founder and CEO, Treasury Prime is a Banking as a Service (BaaS) company that connects banks and fintechs through an API allowing developers to build and launch apps quickly. Treasury Prime’s full integration into core banking systems gives developers access to a wide range of banking services from opening accounts to making payments to issuing cards. ....
Search U.S.-Based Banking as a Service Company Treasury Prime Secures $20 Million Through Series B Insider Funding Round Co-Led By Deciens Capital & QED Investors
Treasury Prime, a U.S.-based API banking platform, announced on Wednesday it secured $20 million through its Series B insider funding round, which was co-led by Deciens Capital and QED Investors, with participation from SaaStr Fund, and Susa Ventures. As previously reported, Treasury Prime states it builds APIs that allow both banks and their corporate customers to automate their banking operations. The company noted its plan is to modernize the entire banking tech stack and bring the banking industry into the 21st century. It also wants to make it easier than ever before for fintechs to partner with a bank to support their innovative new products and back-office automation. ....