Author: phyllisroberge

Rabobank and OFX invest in spin-off venture: TreasurUp

TreasurUp completes series A funding round led by OFX and Rabobank Australian cross border payments specialist OFX, Rabobank, TreasurUp management and engineering partner COERA invest in spin-off structure TreasurUp aims to become the leader in online treasury solutions for banks globally Rabobank’s TreasurUp venture will spin-off through a series A funding round together with Australian listed cross border payments specialist OFX whilst Rabobank will remain as shareholder. Next to these major shareholders, management and TreasurUp’s engineering partner COERA will co-invest. The spin-off allows TreasurUp to accelerate as an online treasury service provider for banks. Online services designed around SMEs “Banks ... Read more