About Treasury Prime
Treasury Prime connects traditional banks with fintech companies through its API platform, which automates various financial services like transfers, wires, and ACH payments. This platform integrates directly with banks' core systems, allowing fintechs to develop secure and compliant financial products quickly. Treasury Prime's services help banks modernize their operations, leading to increased deposits and reduced costs. The company charges fees for API access and services, offering a flexible and scalable solution tailored to client needs. The goal is to enhance collaboration between banks and fintechs, driving efficiency and innovation in the financial services industry.
San Francisco, CaliforniaHeadquarters
2017Year Founded
$67.2MTotal Funding
SERIES_CCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees
Risks
BaaS sector uncertainty may impact Treasury Prime's operations and partnerships.
EU's complex AI regulations could hinder Treasury Prime's European market expansion.
Increased regulatory scrutiny may slow Treasury Prime's growth and revenue.
Differentiation
Treasury Prime offers a comprehensive API platform for banks and fintechs.
The platform integrates directly with banks' core systems for seamless service delivery.
Treasury Prime's API supports FDIC-insured financial services, ensuring customer fund safety.
Upsides
AI-driven compliance solutions enhance Treasury Prime's service offerings and client satisfaction.
Digitization of B2B payments aligns with Treasury Prime's integration solutions, boosting efficiency.
Partnerships for identity verification strengthen Treasury Prime's fraud prevention capabilities.
Funding
Total raised$67.23 M
Latest valuation$200.00 M
StageSERIES_C
$40
$200.00 MSERIES B
4/30/2021$20
$100.00 MSERIES A
4/30/2020$9
$45.00 MSEED
12/31/2017- Y CombinatorTop
N/A
$2.00 M