Sub-sector
Treasury / Cash Management
Sourced fintech market events in Treasury / Cash Management. 110 events tracked across M&A, funding, partnerships, product launches, regulatory, buyer theses, personnel moves, and customer wins.
110 Events
$5.2B Disclosed value
$30M Median value
Windsor Drake tracks 110 sourced fintech market events in Treasury / Cash Management from 2020–2026, each with a cited source. Across the 24 with disclosed values, total disclosed value is $5.2B, with a median of $30M. The largest disclosed deal is Ripple / Hidden Road 2025 at $1.3B. The most active acquirers are XFolio AI (2), Ripple (2). Activity was heaviest in 2026, with 54 tracked events.
Frequently asked questions
How many fintech events in Treasury / Cash Management does Windsor Drake track?
Windsor Drake tracks 110 sourced fintech market events in Treasury / Cash Management from 2020–2026, each backed by a cited source.
What is the typical deal size in Treasury / Cash Management?
Across 24 events in Treasury / Cash Management with disclosed values, the median is $30M and total disclosed value is $5.2B.
What is the largest Treasury / Cash Management deal tracked?
Ripple / Hidden Road 2025, at $1.3B.
Who are the most active acquirers in Treasury / Cash Management?
XFolio AI (2 deals), Ripple (2 deals).
By event type
Most active companies in Treasury / Cash Management
Events
| Primary | Event type | Counterparty | Value | Sub-sector | Date |
|---|---|---|---|---|---|
| Apex Fintech Solutions Inc. | Strategic Partnership | Treasury / Cash Management | August 20, 2026 | ||
| FedEx | Buyer Thesis | $622M | Treasury / Cash Management | August 19, 2026 | |
| Nasdaq Calypso | Strategic Partnership | Treasury / Cash Management | August 17, 2026 | ||
| Ambrook | Funding Round | $30M | Treasury / Cash Management | August 14, 2026 | |
| Sterling | Funding Round | Treasury / Cash Management | August 13, 2026 | ||
| Flagstone | Product Launch | Treasury / Cash Management | August 13, 2026 | ||
| Fazeshift | Funding Round | Treasury / Cash Management | August 11, 2026 | ||
| Wells Fargo | Product Launch | Treasury / Cash Management | August 6, 2026 | ||
| Zaria Systems | Regulatory | Treasury / Cash Management | August 6, 2026 | ||
| Meeder Investment Management | Personnel Move | Treasury / Cash Management | August 6, 2026 | ||
| AmericanTCS | Transaction | Ascensus | Treasury / Cash Management | August 5, 2026 | |
| American Express Global Business Travel | Product Launch | Treasury / Cash Management | July 30, 2026 | ||
| Investec | Strategic Partnership | Infosys Finacle | Treasury / Cash Management | July 30, 2026 | |
| Clockwork.ai | Buyer Thesis | Treasury / Cash Management | July 30, 2026 | ||
| AccountsIQ | Strategic Partnership | Treasury / Cash Management | July 30, 2026 | ||
| Shop2Shop | Transaction | Pepkor | Treasury / Cash Management | July 23, 2026 | |
| Nasdaq | Strategic Partnership | Treasury / Cash Management | July 20, 2026 | ||
| SCRYPT | Strategic Partnership | Treasury / Cash Management | July 18, 2026 | ||
| Pittsburgh Steelers | Strategic Partnership | Treasury / Cash Management | July 16, 2026 | ||
| Zelus Automation Platform | Strategic Partnership | Treasury / Cash Management | July 14, 2026 | ||
| Broadridge Financial Solutions | Customer Win | Treasury / Cash Management | July 9, 2026 | ||
| Abacum | Product Launch | Treasury / Cash Management | July 9, 2026 | ||
| C2FO India Technologies | Transaction | Mynd Fintech | Treasury / Cash Management | July 8, 2026 | |
| Arc Technologies | Transaction | Axos | Treasury / Cash Management | July 8, 2026 | |
| Pension Investors Corporation | Transaction | Fiduciary Services Group | Treasury / Cash Management | July 2, 2026 | |
| Billtrust | Regulatory | Treasury / Cash Management | June 29, 2026 | ||
| Float Financial | Funding Round | $60M | Treasury / Cash Management | June 29, 2026 | |
| Treasury Prime | Strategic Partnership | Treasury / Cash Management | June 25, 2026 | ||
| Dash.fi | Product Launch | Treasury / Cash Management | June 25, 2026 | ||
| Transportadora del Interior | Transaction | Loomis | Treasury / Cash Management | June 18, 2026 | |
| Ramp | Funding Round | $750M | Treasury / Cash Management | June 18, 2026 | |
| Tiger Finance | Customer Win | $45M | Treasury / Cash Management | June 18, 2026 | |
| Square 9 | Product Launch | Treasury / Cash Management | June 18, 2026 | ||
| Chetwood Bank | Product Launch | Treasury / Cash Management | June 17, 2026 | ||
| Ripple | Buyer Thesis | Treasury / Cash Management | June 15, 2026 | ||
| Lorum | Product Launch | Treasury / Cash Management | June 12, 2026 | ||
| Square Financial Services | Product Launch | Treasury / Cash Management | June 12, 2026 | ||
| CINC Systems | Strategic Partnership | Treasury / Cash Management | June 11, 2026 | ||
| Bottomline | Product Launch | Treasury / Cash Management | June 11, 2026 | ||
| Quadient | Product Launch | Treasury / Cash Management | June 10, 2026 | ||
| Earlytrade | Funding Round | $25M | Treasury / Cash Management | June 9, 2026 | |
| Moment | Strategic Partnership | Treasury / Cash Management | June 9, 2026 | ||
| WorkWhile | Product Launch | Treasury / Cash Management | June 8, 2026 | ||
| Priority Commerce | Buyer Thesis | Treasury / Cash Management | June 5, 2026 | ||
| RBFCU | Personnel Move | Treasury / Cash Management | June 4, 2026 | ||
| Absolute Payment Solutions | Transaction | XFolio AI | Treasury / Cash Management | June 2, 2026 | |
| Absolute Payments | Transaction | XFolio AI | Treasury / Cash Management | June 2, 2026 | |
| Prophix | Strategic Partnership | Treasury / Cash Management | May 27, 2026 | ||
| Tonkean | Transaction | Coupa | Treasury / Cash Management | May 22, 2026 | |
| OneStream | Product Launch | Treasury / Cash Management | May 21, 2026 | ||
| Ripple Prime | Strategic Partnership | Neuberger Specialty Finance | $200M | Treasury / Cash Management | May 11, 2026 |
| Cognizant Technology Solutions Corporation | Strategic Partnership | J.P. Morgan Payments | Treasury / Cash Management | April 21, 2026 | |
| B2BROKER | Strategic Partnership | FXCubic | Treasury / Cash Management | March 18, 2026 | |
| Wizz Financial | Strategic Partnership | BitGo Bank & Trust, N.A. | Treasury / Cash Management | March 12, 2026 | |
| Central Bank of the Republic of Guinea (BCRG) | Product Launch | Treasury / Cash Management | December 18, 2025 | ||
| IDFC FIRST Bank | Product Launch | Treasury / Cash Management | December 17, 2025 | ||
| Flourish | Strategic Partnership | Mariner | Treasury / Cash Management | November 18, 2025 | |
| XTransfer | Strategic Partnership | Shanghai Pudong Development Bank Co. Ltd., Hong Kong Branch | Treasury / Cash Management | November 4, 2025 | |
| QNB Group | Strategic Partnership | TransferMate | Treasury / Cash Management | November 3, 2025 | |
| Bangladesh Bank | Product Launch | Treasury / Cash Management | November 1, 2025 | ||
| Fiserv | Personnel Move | Treasury / Cash Management | October 29, 2025 | ||
| Crown Agents Bank | Regulatory | Abu Dhabi Global Market (ADGM) | Treasury / Cash Management | October 28, 2025 | |
| GTreasury | Transaction | Ripple | $1.0B | Treasury / Cash Management | October 16, 2025 |
| GIFT IFSC | Product Launch | Standard Chartered | Treasury / Cash Management | October 7, 2025 | |
| Solana (HSDT) | Buyer Thesis | $500M | Treasury / Cash Management | September 18, 2025 | |
| Wizz Financial | Strategic Partnership | BitGo Bank & Trust, N.A. | Treasury / Cash Management | March 12, 2025 | |
| Hidden Road | Transaction | Ripple | $1.3B | Treasury / Cash Management | January 1, 2025 |
| Tassat Group, Inc. | Strategic Partnership | Veuu | Treasury / Cash Management | November 21, 2024 | |
| Robora Financial | Product Launch | Treasury / Cash Management | November 19, 2024 | ||
| Fiserv | Strategic Partnership | ADP | Treasury / Cash Management | November 19, 2024 | |
| Osyte | Funding Round | Moneta Ventures | $4M | Treasury / Cash Management | November 14, 2024 |
| Rizal Commercial Banking Corporation | Strategic Partnership | APIwiz | Treasury / Cash Management | November 13, 2024 | |
| ATFX Connect | Strategic Partnership | Your Bourse | Treasury / Cash Management | November 8, 2024 | |
| Ant International | Strategic Partnership | OCBC | Treasury / Cash Management | November 5, 2024 | |
| RightCapital | Strategic Partnership | MaxMyInterest | Treasury / Cash Management | October 30, 2024 | |
| Avanza Capital Holdings | Strategic Partnership | Investor Portal Pro | Treasury / Cash Management | October 23, 2024 | |
| Pave Bank | Funding Round | 468 Capital | $5M | Treasury / Cash Management | December 17, 2023 |
| Multigate | Regulatory | Central Bank of Kenya | Treasury / Cash Management | December 13, 2023 | |
| Trovata | Strategic Partnership | National Australia Bank | Treasury / Cash Management | December 7, 2023 | |
| Quartix | Funding Round | SR Alternative Credit | $15M | Treasury / Cash Management | December 1, 2023 |
| Trovata | Strategic Partnership | J.P. Morgan Asset Management | Treasury / Cash Management | November 8, 2023 | |
| Intellect Design Arena | Strategic Partnership | Universal bank in the Philippines | Treasury / Cash Management | October 13, 2023 | |
| Deluxe | Strategic Partnership | Aliaswire, Inc. | Treasury / Cash Management | October 5, 2023 | |
| PwC Romania | Strategic Partnership | Finqware | Treasury / Cash Management | December 15, 2022 | |
| Finqware | Strategic Partnership | PwC Romania | Treasury / Cash Management | December 15, 2022 | |
| Save | Funding Round | BNP Paribas, Webster Bank | Treasury / Cash Management | December 7, 2022 | |
| Pivo | Funding Round | Precursor Ventures, Vested World, Y Combinator, FoundersX, Mercy Corp Ventures | $2M | Treasury / Cash Management | November 24, 2022 |
| KLAIM | Funding Round | Knuru Capital | $5M | Treasury / Cash Management | November 18, 2022 |
| Santander | Strategic Partnership | Planixs | Treasury / Cash Management | November 18, 2022 | |
| ZSuite Tech | Funding Round | Independent Community Bankers of America (ICBA), BankTech Ventures LP | $11M | Treasury / Cash Management | November 17, 2022 |
| Abaca | Transaction | Safe Harbor Financial | $30M | Treasury / Cash Management | November 1, 2022 |
| Dragonfly Financial Technologies | Strategic Partnership | Ninth Wave, Prolific Banking | Treasury / Cash Management | October 24, 2022 | |
| Korapay | Regulatory | Kenya Asset Recovery Agency | Treasury / Cash Management | October 19, 2022 | |
| ZSuite Tech | Funding Round | Independent Community Bankers of America, BankTech Ventures LP | $11M | Treasury / Cash Management | August 1, 2022 |
| Trovata | Funding Round | Fin Capital, JPMorgan Chase Strategic Investments, Wells Fargo Strategic Capital, Capital One Ventures | $27M | Treasury / Cash Management | June 1, 2022 |
| CreditBook | Funding Round | Tiger Global, Firstminute Capital | $11M | Treasury / Cash Management | December 18, 2021 |
| Kyriba Corp. | Personnel Move | Jim Moffatt, Philippe Henry, Brian Shniderman, Chakib Bouhdary | Treasury / Cash Management | December 9, 2021 | |
| Rho | Funding Round | Dragoneer Investment Group | $75M | Treasury / Cash Management | December 9, 2021 |
| The Bank of London | Product Launch | Treasury / Cash Management | November 30, 2021 | ||
| Linklogis | Strategic Partnership | Standard Chartered | Treasury / Cash Management | November 26, 2021 | |
| GTreasury | Strategic Partnership | Imperium Markets | Treasury / Cash Management | November 3, 2021 | |
| Net1 UEPS Technologies | Funding Round | Connect Group | $242M | Treasury / Cash Management | November 2, 2021 |
| Recko | Transaction | Stripe | Treasury / Cash Management | October 21, 2021 | |
| Oracle NetSuite | Strategic Partnership | HSBC | Treasury / Cash Management | October 20, 2021 | |
| Centiglobe | Funding Round | Confidus Venture Capital | Treasury / Cash Management | October 7, 2021 | |
| Coastal Community Bank | Strategic Partnership | Finzly | Treasury / Cash Management | October 5, 2021 | |
| Brex | Funding Round | Greenoaks | $300M | Treasury / Cash Management | October 1, 2021 |
| Expertus | Transaction | IBM | Treasury / Cash Management | December 16, 2020 | |
| Flourish | Transaction | MassMutual | Treasury / Cash Management | December 14, 2020 | |
| Crowd Data Systems | Funding Round | RLC Ventures, Ascension Ventures, Force Over Mass Capital | $635,000 | Treasury / Cash Management | December 11, 2020 |