Treasury Prime

Treasury Prime

API platform for banking and fintech integration

About Treasury Prime

Simplify's Rating
Why Treasury Prime is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

51-200

Company Stage

Series C

Total Funding

$69.1M

Headquarters

San Francisco, California

Founded

2017

Overview

Treasury Prime connects traditional banks with fintech companies through its API platform, which automates various financial services. The platform facilitates electronic payments like transfers, wires, and ACH payments by integrating directly with banks' core systems. This integration allows fintechs to quickly develop secure and compliant financial products while helping banks modernize their operations, leading to increased deposits and reduced costs. Treasury Prime's business model is based on providing its API as a service, charging fees for access and services like automated payments. The company's goal is to enhance collaboration between banks and fintechs, improving efficiency and driving innovation in the financial services sector.

YC Company
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Simplify's Take

What believers are saying

  • Growing demand for API-driven banking solutions boosts Treasury Prime's market potential.
  • Partnerships with AI firms enhance compliance capabilities, aligning with industry trends.
  • Embedded finance interest creates new opportunities for Treasury Prime's API platform.

What critics are saying

  • Regulatory scrutiny in BaaS could impact Treasury Prime's operations and growth.
  • AI regulations, especially in the EU, may challenge Treasury Prime's compliance solutions.
  • BaaS market slowdown and competition could affect Treasury Prime's growth prospects.

What makes Treasury Prime unique

  • Treasury Prime offers a comprehensive API platform for seamless bank-fintech integration.
  • The company provides FDIC-insured financial services, ensuring customer funds are protected.
  • Treasury Prime's modular API approach allows clients to choose specific services, enhancing flexibility.

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Funding

Total Funding

$69.1M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Treasury Prime
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-10%

2 year growth

0%
Treasury Prime
Mar 27th, 2025
Treasury Prime's Bank Direct: Year One - Pioneering Embedded Banking

This year, Treasury Prime Inc. launched Atlas in under 60 days, proving that fintechs can move from concept to reality in record time with Treasury Prime.

Treasury Prime
Nov 26th, 2024
Analyze trends and automate compliance reporting with Prime Analytics

Treasury Prime Inc. partnered with Sigma Computing to offer best-in-class business intelligence capabilities directly within its Treasury Prime experience.

PYMNTS
Aug 27th, 2024
Banks Tap Ai For Estate Management And Compliance

Artificial intelligence (AI) is giving financial institutions new tools to meet their goals. Wells Fargo’s AI-driven estate management is boosting customer satisfaction, while Treasury Prime has partnered with Kobalt Labs to streamline bank compliance using AI. Meanwhile, HSBC’s digital chief predicts AI will revolutionize back-end processes, highlighting the technology’s potential to cut costs, improve efficiency and transform customer support across the banking industry. Wells Fargo Turns to AI-Driven Estate Management

PYMNTS
Aug 23rd, 2024
Ceos Of Meta And Spotify Say Eu Regulations 'Stifle Innovation'

European Union (EU) regulations impacting artificial intelligence (AI) may deny the region’s businesses, academics and others the chance to participate in new technology investment and economic growth opportunities, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek wrote in a joint statement released Friday (Aug. 23). The CEOs wrote in the statement that tech companies doing business in Europe face “overlapping regulations and inconsistent guidance on how to comply with them.”. “Regulating against known harms is necessary, but pre-emptive regulation of theoretical harms for nascent technologies such as open-source AI will stifle innovation,” they wrote. “Europe’s risk-averse, complex regulation could prevent it from capitalizing on the big bets that can translate into big rewards.”

PYMNTS
Aug 22nd, 2024
This Week In B2B Innovation: Riding The Digital Payments Wave

The B2B landscape is undergoing a profound transformation, driven by a confluence of technological advancements, evolving business expectations, and the unrelenting push toward greater efficiency. At the center of this change is the surging digitization of B2B payments, which are emerging as levers for innovation, competitiveness and growth as firms recognize that modernizing their payment processes is crucial not just for efficiency, but also for ensuring security, improving cash flow management and enabling real-time insights into financial operations. That’s why PYMNTS tracks the latest advances shaping tomorrow’s B2B landscape. The top themes we heard this week were around access to capital, cross-border payments and marketplaces, and the broader digitization of legacy workflows across B2B payments and operations

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