Lewis Silkin has advised TreasurySpring on its $29 million Series B funding round led by Balderton Capital. Mubadala Capital also participated in the round, alongside previous investors ETFS Capital, MMC Ventures and Anthemis Group.
TreasurySpring is a London based fintech which addresses the need for companies of all sizes to diversify their cash deposits, access high-quality investments and minimise their banking risk. TreasurySpring supports clients across a range of sectors and stages including FTSE 100 corporations, leading multinationals, global fund managers, high-growth tech companies and private charities.
Lewis Silkin has advised TreasurySpring throughout its growth, including on its Series A funding round in 2021.
The Lewis Silkin team was led by Corporate Partner – David Willbe with support from Senior Associate – Peter Bates.
Commenting on the deal, David Willbe said:
We are thrilled to help TreasurySpring with their Series B funding round, which will enable the company to continue with its exciting growth and expansion plans. Advising on this successful fundraise serves as another example of Lewis Silkin's corporate finance and fintech expertise and we look forward to continuing to work with TreasurySpring in the future.