TreasurySpring announced raising a $10 million Series A investment round co-led by MMC Ventures and Anthemis Group.
TreasurySpring, a London, UK-based startup building a business based on an alternative investment platform, announced the completion of a $10 million series A funding round.
TreasurySpring, founded in 2016 by James Skillen, Kevin Cook and Matthew Longhurst, developed a fund platform that is an alternative to traditional bank deposits and money market funds. The platform - the Fixed-Term Funds or FTFs - provides cash rich firms access to short-term investments that have historically been unavailable to them, whilst allowing institutions seeking funding to access a much broader universe of capital providers than ever before.
TreasurySpring previously raised about $5 million.