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Primary.tech provides a treasury management platform for finance teams in ambitious businesses. It unifies banking, yield generation, and foreign exchange into a single interface, and lets companies open real accounts in their own name to earn yield across multiple currencies. This B2B platform is designed to streamline corporate cash management, consolidate financial services, and help teams optimize returns while reducing financial risk. Unlike providers that only offer individual services, Primary.tech combines core treasury operations—multi-currency cash management, yield optimization, and FX—into one connected system. The company’s goal is to simplify treasury workflows, improve liquidity management, and grow corporate returns without adding complexity.
Industries
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Seed
Total Funding
$2.3M
Headquarters
Sydney, Australia
Founded
2022
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Total Funding
$2.3M
Below
Industry Average
Funded Over
1 Rounds
Industry standards
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Primary partners with SISS Data Services to improve cash visibility and planning for businesses. Primary has selected SISS Data Services (SISS) as a key technology partner to facilitate high-reliability and complete bank data fees for its corporate treasury management platform. By integrating SISS's data capabilities, Primary connects its customers with critical bank transaction data via direct feeds. This integration supports Primary's mission to provide corporate finance teams with a single, comprehensive picture of cash across their entire organisation. Primary operates as a centralised layer on top of existing banking relationships and financial systems. It enables businesses to centralise accounts, optimise yields, manage FX risk and automate cash movements. The partnership ensures that data flowing into Primary's platform meets the high standards of accuracy and reliability required for complex financial operations. "For us, the main use case is providing clients with a single picture of cash across their business as close to real-time as possible," said Ben Buckingham, CEO of Primary. "SISS provides a foundational piece within our platform by providing the accurate and complete bank data we need. It allows us to layer off predictive financial views and AI models for our clients. Crucially, we have had no issues with their data quality or connectivity." Primary serves a diverse range of clients, from start-ups closing their first funding rounds to established corporations with complex entity structures. The need for complete data coverage is critical for these businesses to make informed liquidity and funding decisions. "There's no point in having data from nine out of ten bank accounts if you're trying to provide a complete picture of someone's cash," said Ben Buckingham. "SISS is proud to break new ground with Primary as our first use case in the modern treasury management space," said Grant Augustin, Founder & CEO at SISS Data Services. "We understand that for platforms driving critical financial decisions and AI functionality, completeness, accuracy and reliability of data are non-negotiable. Our focus remains on delivering high-quality, accounting-grade data and stable connections. Innovators like Primary rely on this stability to build the next generation of financial tools." The collaboration highlights the importance of accurate and complete data through a stable connection in the B2B fintech sector, particularly as companies seek more efficient ways to manage capital across multiple jurisdictions and banking partners. About SISS Data Services. SISS Data Services specialises in the provision of high quality, high reliability bank data feeds and associated support services via its ACSISS product suite. Sourcing data through direct bank connections and Open Banking, SISS provides customer bank data feeds to B2B platforms, with a particular focus on those requiring 'accounting-grade' data, such as accounting, ERP and business lending platforms. Founded in 2011, SISS is headquartered in Sydney, Australia and has operations in New Zealand. SISS is ISO 27001 certified and an Accredited Data Recipient under the Australian Consumer Data Right. For media queries, please contact Carolina Schuiling, [email protected]. About Primary. Primary is the command & control centre for finance teams. Its platform provides a unified experience for banking, yield, insights, FX & more, to help ambitious businesses reduce manual workflows and unlock additional revenue streams. Powered by products from BlackRock, Goldman Sachs, State Street & more, businesses on Primary unlock market leading yield and efficiency.
Primary selects SISS Data Services to improve cash visibility and planning for businesses. Primary has selected SISS Data Services (SISS) as a key technology partner to facilitate high-reliability and complete bank data fees for its corporate treasury management platform. By integrating SISS's data capabilities, Primary connects its customers with critical bank transaction data via direct feeds. This integration supports Primary's mission to provide corporate finance teams with a single, comprehensive picture of cash across their entire organisation. Primary operates as a centralised layer on top of existing banking relationships and financial systems. It enables businesses to centralise accounts, optimise yields, manage FX risk and automate cash movements. The partnership ensures that data flowing into Primary's platform meets the high standards of accuracy and reliability required for complex financial operations. "For us, the main use case is providing clients with a single picture of cash across their business as close to real-time as possible," said Ben Buckingham, CEO of Primary. "SISS provides a foundational piece within our platform by providing the accurate and complete bank data we need. It allows us to layer off predictive financial views and AI models for our clients. Crucially, we have had no issues with their data quality or connectivity." Primary serves a diverse range of clients, from start-ups closing their first funding rounds to established corporations with complex entity structures. The need for complete data coverage is critical for these businesses to make informed liquidity and funding decisions. "There's no point in having data from nine out of ten bank accounts if you're trying to provide a complete picture of someone's cash," said Ben Buckingham. "SISS is proud to break new ground with Primary as our first use case in the modern treasury management space," said Grant Augustin, Founder and CEO at SISS Data Services. "We understand that for platforms driving critical financial decisions and AI functionality, completeness, accuracy and reliability of data are non-negotiable. Our focus remains on delivering high-quality, accounting-grade data and stable connections. Innovators like Primary rely on this stability to build the next generation of financial tools." The collaboration highlights the importance of accurate and complete data through a stable connection in the B2B fintech sector, particularly as companies seek more efficient ways to manage capital across multiple jurisdictions and banking partners.
Treasury management start-up Primary has ruled off a $3.5 million seed round led by Carthona Capital.
AfterWork Ventures is a community-powered venture capital fund based in Australia and New Zealand We invest in next-generation tech companies right from the very beginning.
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Industries
Enterprise Software
Fintech
Financial Services
Company Size
51-200
Company Stage
Seed
Total Funding
$2.3M
Headquarters
Sydney, Australia
Founded
2022
Find jobs on Simplify and start your career today