Lewis Silkin advises TreasurySpring, a London-based fintech company, on their latest investment round

TreasurySpring secured £2m of investment in a round that was led by ETFS Capital, with participation from MMC Ventures and existing investors. The round was more than three times oversubscribed. The Lewis Silkin team has advised the company throughout its growth, and TreasurySpring has now raised more than £3.5m since its first external capital injection in November 2017.

The firm was co-founded in 2016 to unlock the multi-trillion dollar wholesale money markets by providing new digital pipelines (“FTFs”) to connect cash-rich firms to institutional borrowers from the sovereign, bank and corporate sectors.

The Lewis Silkin team was led by Corporate Finance partner David Willbe and assisted by corporate associate, Georgina Fraser.

Commenting on the deal, Kevin Cook, Co-founder and CEO, TreasurySpring, said

“David and the Lewis Silkin team were exactly what we needed from advisors on this investment round. The team’s sector knowledge and approach was excellent, and helped us achieve a great result which will see TreasurySpring invest in core technology and the expansion of our sales, technology and operations teams to meet the growing demand for FTFs.”

Commenting on the deal, David Willbe said:

“It was a pleasure working with Kevin and the team again, in what are exciting times for TreasurySpring. The successful raise further highlights Lewis Silkin’s corporate finance and fintech capabilities, and we look forward to continuing to work with TreasurySpring in the future.”