Le Lézard
Classified in: Science and technology, Business
Subject: ACC

TreasuryXpress Receives Major Growth Investment


SAN DIEGO, Oct. 16, 2017 /PRNewswire/ -- From the Association for Financial Professionals' annual conference (#AFP2017) ? TreasuryXpress, the global leader in frictionless and on-demand treasury management solutions (TMS) today announced that it has closed a growth investment of $5 million from a consortium of investors including MEVP, iSME Capital, and Azure Fund.

The investment provides TreasuryXpress with an opportunity to continue to leverage the growing market need for on-demand treasury management and financial products. Following two consecutive years of triple digit growth in the US and EMEA regions, the investment allows the firm to continue to expand their on-demand business model into key markets with treasury-friendly fintech solutions.

"Over the past three years, TreasuryXpress has redefined the treasury management market by increasing the buying power of treasurers worldwide," says Anis Rahal, CEO and founder of TreasuryXpress.  "By delivering solutions that change the way treasury teams can purchase, implement, and consume treasury and financial technology, we have successfully introduced a new model of TMS to the market that allows companies to automate and improve processes quickly and scalably.  We are thrilled that our investors recognize both the potential of the on-demand treasury management solution market and TreasuryXpress' ability to be the leading innovator of modern TMS technology."

With the largest portfolio of on-demand treasury products and APIs in the industry, TreasuryXpress has removed the barriers of automation for over 125+ treasuries of all sizes worldwide by economizing and de-cluttering resource-intensive operations. Additionally, TreasuryXpress supports 140+ self-service clients of their fintech products and APIs available in their online store. Recognized for innovation and performance by trusted industry outlets such as the Treasury Today Adam Smith program, TreasuryXpress continues to impact and innovate the global treasury stage.

ABOUT TREASURYXPRESS

TreasuryXpress, a global FinTech provider, was created with one simple aim ? to give all companies powerful, cost-effective, and easy-to-implement Treasury Management capabilities that empower them to be able to work smarter!  

Our solutions centralize more than 10,000 bank accounts daily and process electronic payments for over 7 billion USD each year. 

Visit us at www.treasuryxpress.com or email  [email protected] for more info.

Press Contact:

Tracy Kantrowitz

Phone:  +347.920.1673 | Email: [email protected]

SOURCE TreasuryXpress


These press releases may also interest you

at 07:40
Silver Mountain Resources Inc. ("Silver Mountain" or the "Company"), is pleased to announce that it has upsized its previously announced public offering (the "Offering") of units (the "Units") to up to $9,000,035 from $7,502,000, at a price of...

at 07:36
Jianpu Technology Inc. ("Jianpu" or the "Company") , a leading independent open platform for the discovery and recommendation of financial products in China, today announced it filed its annual report on Form 20-F for the fiscal year ended December...

at 07:30
ZTO Express (Cayman) Inc.  ("ZTO" or the "Company"), a leading and fast-growing express delivery company in China, today announced that it will hold its annual general meeting of shareholders ("AGM") on Tuesday, June 18, 2024, at 2 p.m. (local time),...

at 07:30
BRF S.A. ("BRF" or "Company") announces to its shareholders and the general market that it filed on this date, its Annual Report on Form 20-F for the year ended December 31, 2023 with the U.S. Securities and Exchange Commission ("SEC") and with the...

at 07:20
Note: All times local. Toronto, Ontario Private meetings. 12:30 p.m. The Deputy Prime Minister will tour a research lab and discuss Budget 2024's investments to support research, students, innovation, and productivity. A media availability will...

at 07:15
Meridian, Ontario's largest credit union and of the largest in Canada, celebrated its corporate milestones and its Small Business Big Impact Award winners at this year's Annual General Meeting (AGM) on April 18, 2024 at the Meridian Arts Center in...



News published on and distributed by: