Round Treasury is a banking and treasury platform designed to make life easier for founders and CFOs.
Many SMEs are stuck between legacy enterprise resource planning (ERP) systems and basic Excel spreadsheets when planning their finances, leaving founders and CFOs struggling with cash management.
Without a comprehensive treasury management solution, businesses struggle to optimise liquidity and maintain cash transparency. Additionally, the collapse of Silicon Valley Bank in 2023 was a wake-up call, pushing safeguarding and financial security of cash to the top of founders’ priorities.
Pac O’Shea and Hayyaan Ahmad have developed a solution to simplify cash management and protection. The new platform claims to address the critical need for versatile, user-friendly financial management, where diversifying funds and ensuring accessibility is more crucial than ever.
At the heart of its offering is a treasury solution that helps startups extend their runway and grow their teams by earning up to 5% yield with next-day liquidity through government security backed Blackrock money market funds.
It also offers a multi-banking feature, which allows businesses to manage all their existing bank accounts in one place.