Round Treasury funding news – London-based Round Treasury Raises €1.9 Million in Pre-Seed Funding

Prominent fintech leaders such as Simon Taylor (11FS), Pranav Sood (GM of Airwallex), Darren Westlake (creator of Crowdcube), and former executives from Stripe and Starling also supported the investment. A number of Round's initial clients took part as angel investors as well.

Small and medium-sized enterprises' (SMBs') current financial management circumstances are dire. Many small and medium-sized businesses (SMBs) struggle with cash management because they are caught between outdated Enterprise Resource Planning (ERP) systems and simple Excel spreadsheets.

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Enterprises encounter difficulties in maintaining financial transparency and optimising liquidity in the absence of a complete treasury management system. The 2023 failure of Silicon Valley Bank served as a wake-up call for founders, who now prioritise cash security and protection above all else.

A key realisation for Round CEO and Co-Founder Pac O'Shea came from his work as a venture partner and working with fintech clients: the financial instruments available at the time were too complicated and inflexible for contemporary companies.

In response, Pac and his co-founder Hayyaan Ahmad created a method that made protecting and managing funds easier. This innovative solution answers the urgent demand for flexible, intuitive financial management in the post-SVB environment, where accessibility and capital diversification are more important than ever for small and medium-sized businesses.

The core of its product is a treasury solution that supports government security backed Blackrock money market funds, allowing entrepreneurs to build their staff and prolong their runway while earning up to 5% interest with next-day liquidity.

Pac O’Shea, CEO and Co-Founder of Round, said: “We kept hearing the same thing—managing finances felt disjointed, with founders juggling too many platforms and tools just to keep track of their cash. Our mission is to make financial management easy, no matter how complex it seems. We’re focused on building a product that founders and CFOs love because it saves them time, protects their funds, and helps them grow their businesses. Our goal is to make financial management as seamless as possible so founders can focus on building their businesses.”

Hayyaan Ahmad, Co-Founder, added: “A lot of founders don’t realise how much cash they are leaving on the table by not following treasury best practices. We want to give founders and CFOs complete visibility and control without any of the hassle. Every feature is designed to be simple – whether it’s automating withdrawals, or diversifying your cash across savings accounts. Managing your cash does not have to be a headache.”

Eileen Burbidge, Partner at Passion Capital said, “Round is doing for treasury management what Stripe and GoCardless did for payments—taking something complex and making it simple. Startups don’t need more complexity—they need clarity, control, and growth. Round delivers all of that in one platform. We’re excited to support their vision as they reshape the financial stack for the next generation of businesses and to ensure companies of all sizes have access to the best solutions and yield,”

About Round Treasury

Founders and CFOs could handle all of their financial demands on one platform, which is why Round was founded. Round helps entrepreneurs and CFOs handle their finances more efficiently by combining cash management, treasury, and banking onto a single platform.