Finance Breaking news TreasurySpring raises $10m for fixed-term fund platform last financial news

Breaking-Finance.Com - TreasurySpring, the London-based operator of a fixed-term fund platform, has raised $10 million in a round led by MMC Ventures and Anthemis Group.

Finance Breaking news TreasurySpring raises $10m for fixed-term fund platform last financial news

Breaking-Finance.Com - TreasurySpring, the London-based operator of a fixed-term fund platform, has raised $10 million in a round led by MMC Ventures and Anthemis Group.

Finance Breaking news TreasurySpring raises $10m for fixed-term fund platform last financial news
10 June 2021 - 23:45

Breaking-Finance.Com - TreasurySpring, the London-based operator of a fixed-term fund platform, has raised $10 million in a round led by MMC Ventures and Anthemis Group. Existing investors, including ETFS Capital, joined the round for TreasurySpring, which was launched in 2016 to enable holders of large cash balances to minimise risk and maximise returns through a diverse menu of proprietary cash investments. Through a single online onboarding, clients can choose from more than 120 investment options on a daily basis, offering them unique exposure to asset classes that have historically only been available to major financial institutions.

. Having publicly launched its platform in September 2019, the firm has already issued more than $9 billion of FTFs to a fast-growing institutional client-base including FTSE 100 and other listed companies, IGO’s, fund managers, large private companies, charities and family offices.Having recently hired HSBC's Oscar Coyle sales director, the new money will be used to bring in more people in sales and marketing.Kevin Cook, CEO, TreasurySpring, says: "Following a break-out 12 months in which we increased AUM by 10x, we wanted to bring in the best possible investment partners to support our ambitious growth plans."

Source = Breaking-Finance.Com

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Finance Breaking news TreasurySpring raises $10m for fixed-term fund platform last financial news


Finance Breaking news TreasurySpring raises $10m for fixed-term fund platform last financial news


Finance Breaking news TreasurySpring raises $10m for fixed-term fund platform last financial news


Finance Breaking news TreasurySpring raises $10m for fixed-term fund platform last financial news

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