FinTech news in BAM Elevate category

The company plans to use its new capital to continue building out its new integrated partner marketplace (similar to what Synctera is doing) and multi-bank network — which is currently made up of 16 banks — as well as develop new products and services, including lending options. Treasury Prime co-founder and CEO Chris Dean believes that the best outcomes for consumers will result from traditional banks and fintechs working together. Over time, it has expanded its offering and today says it gives businesses of all sizes a way to integrate with banks so they can offer new services, lower the cost of deposits and ultimately generate more revenue. San Francisco-based Treasury Prime, which has raised about $73 million since its 2017 inception, started out by building software tooling that helps banks automate and accelerate routine tasks.