See other companies on Welcome to the Jungle
Treasury Prime
APIs for automated banking services
- 21-100 employees
- Fintech
- B2B
- Enterprise
- Banking
- SaaS
- API
- Automation
- Nob Hill, San Francisco, CA
Jump to section
Company mission
To build API banking technology that improves the economics of banking to empower transformative financial services.
-3% employee growth in 12 months
Our take
The innovation of fintech services is causing consumers to migrate from traditional banking services, making it essential that businesses can easily embed banking services into their applications and websites. However, the process of developing and testing fintech apps requires many hours of work from coding specialists, resulting in very high costs. Treasury Prime develops APIs that facilitate the embedding of banking services, providing the building blocks for features such as bank accounts, cards, and payment systems.
Treasury Prime's APIs ultimately remove the need for custom code from expensive programmers. The service comes with an accessibility dashboard and fully documented code, in addition to resources for building financial compliance programs. Whilst there are other fintech startups competing in the space, Treasury Prime stands out due to its comprehensive API range, documentation, and compliance resources.
With API toolkits and pricing models designed by the company on an individual basis, its service is accessible for both small fintech startups and large enterprises. With all this, Treasury Prime is regarded as a as a leader in this fast-developing space, and has raised substantial investment that will enable it to build out its new integrated partner marketplace, as well as develop new products and services, including lending options.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Flexible hours
- Medical and dental insurance
- 4% 401K match
- Four months paid parental leave
- Six-week paid sabbatical after four years with the company
- Equity programs
- Open vacation policy
- Home office setup
- Monthly stipends for home internet and phone, house services, fitness and wellness, snacks and beverages, transit and commute
- Yearly stipend for professional development (courses, conferences, books, etc.)
Company values
- Stewardship - We must hold inviolable the responsibility to be good stewards of our customers and their funds.
- Openness - We must be open to new ideas and experimentation, open in our communication, and open to difference and disagreement.
- Innovate, Iterate, Adapt - When we make a decision, we act on it, and then quickly observe the results so we can iterate and adapt.
- API First - Our product, our business, and our mission are built on API's to build the future of banking in the US.
Funding (last 2 of 4 rounds)
Feb 2023
$40m
SERIES C
May 2021
$20m
SERIES B
Total funding: $69.2m
This company has top investors
Leadership
Chris Dean
(CEO)Experience as CTO of API Banking for Silicon Valley Bank from 2015 to 2017. Co-founded Treasury Prime as CEO in 2017.
Jim Brusstar
(Board Member)Served as Principal Software Engineer at Silicon Valley Bank. Founding Engineer of Standard Treasury. Also worked on the Facebook platform team building Facebook Login for mobile devices.