# TreasuryXpress

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/treasuryxpress

- Industry: Software
- Headquarters: Paris, France
- Website: www.treasuryxpress.com
- Total disclosed funding: $5M
- Latest round: Series B (Oct 16, 2017)
- Investors on record: 4

## About

TreasuryXpress, Inc. is a France-based company specializing in treasury management solutions that enhance cash management processes for businesses. Their software tools empower organizations to optimize cash forecasting, liquidity management, and risk assessment.TreasuryXpress, Inc. provides advanced treasury management solutions to facilitate cash management for businesses. Founded in 2007 and headquartered in Paris, France, the company has engaged in four significant funding deals. The most recent funding round, Series B, raised USD 5.000 mn and included investments from Azure Funds Management, Luxury Fund, Middle East Venture Partners, and iSME Programme. TreasuryXpress was recently acquired by Bottomline Technologies in February 2021, with the financial terms of the acquisition undisclosed. Konstantyn Garmash is the founder of TreasuryXpress.TreasuryXpress specializes in providing advanced treasury management solutions designed to streamline cash management processes for businesses. Their core product offerings include a comprehensive suite of software tools that facilitate functions such as cash forecasting, liquidity management, and risk assessment. The platform is particularly beneficial for corporate treasurers and finance teams, enabling them to gain real-time insights into their cash positions and optimize working capital. TreasuryXpress's solutions are tailored for a diverse clientele, including large corporations, mid-sized companies, and financial institutions, primarily operating in North America and Europe. By addressing common pain points in treasury operations, such as inefficient cash flow management and lack of visibility into financial data, TreasuryXpress allows organizations to make informed financial decisions.TreasuryXpress generates revenue through a subscription-based model, which typically includes tiered pricing plans based on the scale of services utilized. Clients engage with the company by subscribing to their treasury management platform, which provides access to various software tools according to the selected plan. This structure facilitates a direct-to-business relationship, allowing clients to customize their service packages based on specific treasury needs. Revenue is driven by flagship solutions that enhance operational efficiencies and reduce financial risks for organizations. By establishing long-term partnerships with clients, TreasuryXpress ensures a steady revenue stream that aligns with the ongoing success of their customers' treasury operations.TreasuryXpress plans to focus on expanding its product offerings and entering new markets. The company is exploring the development of new treasury management tools aimed at enhancing user experience and operational efficiency. With the recent funding raised in Series B, TreasuryXpress intends to invest in technology enhancements and market outreach strategies. Although specifics on release dates for new products are not disclosed, the company targets further expansion primarily in North America and parts of Europe by the end of 2023.

## Funding rounds

- Series B, Oct 16, 2017, $5M — Luxury Fund, Middle East Venture Partners, Azure Funds Management, iSME Programme

## Investors

- Luxury Fund (https://capitalatlas.ai/funds/luxury-fund) — Series B
- Middle East Venture Partners (https://capitalatlas.ai/funds/middle-east-venture-partners) — Series B
- Azure Funds Management (https://capitalatlas.ai/funds/azure-funds-management) — Series B
- iSME Programme (https://capitalatlas.ai/funds/isme-programme) — Series B