TreasurySpring secures £2m from MMC Ventures and ETFS Capital to accelerate growth.
The fintech company has raised £2m in a round backed by MMC Ventures and ETFS Capital.
Share allotment filed at Companies House
TreasurySpring operates a digital portal providing short-term funding markets for institutional borrowers and cash holders.
TreasurySpring has secured £2m in funding to scale its team, enhance its product offering, and expand its public presence. The investment round was backed by MMC Ventures and ETFS Capital, alongside follow-on support from ESO Capital and numerous financial professionals.
Founded in 2016, the firm launched its digital Fixed-Term Fund portal in July 2019 following a beta testing period. The platform connects cash-rich entities seeking to diversify risk and increase returns with investment-grade borrowers requiring flexible short-term funding sources.
From the founder
"We are delighted to welcome our new investors ETFS Capital and MMC Ventures. Their capital injections, together with follow-on investment from ESO Capital and the funds that we have raised from more than 40 senior financial markets professionals over the last two years put us in really strong position to accelerate our growth by further building our team, our public presence and our product offering. We are grateful for the financial and non-financial support from all of our investors and are excited about what we can achieve with the proceeds of this funding over the next couple of years."
Kevin Cook
CEO at TreasurySpring
Use of funds
- 01Grow the team
- 02Continue product development
- 03Fund the next phase of growth
Investors
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About the company
TreasurySpring
TreasurySpring provides digital pipelines connecting cash-rich organisations to wholesale money markets.