# Delega Treasury

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/delega-treasury

- Industry: Software
- Headquarters: Zug, Switzerland
- Website: www.delega-banks.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Jun 28, 2023)
- Investors on record: 1

## About

Based in Zug, Switzerland, and founded in 2019, Delega Treasury AG also known as Delega Banks, operates as a cloud-based fintech firm that provides treasury management solutions, specializing in signatory management. In June 2023, Jenson Funding Partners raised GBP 0.25 million in seed funding for Delega Treasury AG. As of April 2023, the company is led by its CEO Riccardo Balasmo.    

Delega Treasury AG offers a platform that simplifies the process of managing authorized signatories and enables the creation, modification, or removal of authorized signatories across multiple banks. The company empowers corporations and banks to streamline their transaction processes. Additionally, the platform acts as a secure repository for supporting documentation, eliminating the need for repetitive document submission to multiple banks.

The company plans to use the seed funding to further enhance its product features.

## Funding rounds

- Seed, Jun 28, 2023, $0.3M — Jenson Funding Partners

## Investors

- Jenson Funding Partners (https://capitalatlas.ai/funds/jenson-funding-partners) — Seed