Proving that banking as a service is hotter than ever, Treasury Prime raises $40M Series C

Proving that banking as a service is hotter than ever, Treasury Prime raises $40M Series C

a year ago
Anonymous $gM56WhLPcK

https://techcrunch.com/2023/02/01/proving-that-banking-as-a-service-is-hotter-than-ever-treasury-prime-raises-40m-series-c/

Treasury Prime co-founder and CEO Chris Dean believes that the best outcomes for consumers will result from traditional banks and fintechs working together.

The banking-as-a-service startup has worked to build relationships with both banks and fintechs. And Dean believes Treasury Prime’s ability “to keep both sides happy” has contributed to its ability to grow its revenue by nearly 400% and accounts by more than 450% since it raised a $20 million Series B in May of 2021.