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London-based Bracket Raises $7M to Expand Treasury Intelligence Platform

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Bracket founders

Bracket founders

Bracket, a London-based fintech company, has raised $7 million in a seed round to end manual treasury with AI.

The investment was led by Macquarie Group’s Commodities, Global Markets, and Blackfinch Ventures, with participation from Failup Ventures.

The new funding will help to develop new products, expand internationally with new offices in Europe and Australia, and double its team in the next 12 months.

Related Post: UK-based Definely Secures $30M to Transform Legal Workflows

How Bracket is Giving Growing Companies Access to Advanced Treasury Tools

Mid-market businesses need better treasury tools, but many still rely on spreadsheets, manual FX tasks, and disconnected bank systems. This means finance teams are vulnerable to currency risks and inefficient operations. Founded in 2024 by Alex Charles, Pierre Anderson, and Martin Lee, Bracket aims to address these challenges head-on.

The fintech solves these problems by connecting bank accounts, automating FX tasks, and providing real-time treasury insights. This is all done without the hefty price tag of traditional software.

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The company’s AI-enabled platform centralizes bank accounts, automates FX workflows, and provides real-time treasury insights. This reduces reliance on the manual processes that still dominate many finance teams.

Beyond serving corporate clients directly, Bracket has developed a bank distribution model. By licensing its platform to global financial institutions, they enable banks to deliver modern treasury tools to their mid-market customers.

“The motivation for starting Bracket came directly from our own experience,” Anderson told TFN. “Between us, we’d spent decades working with finance and treasury teams across global financial institutions and large corporates, and we kept seeing the same problem. Mid-market companies were held to the same standards as the largest organisations, yet they still relied on spreadsheets, manual processes, and fragmented systems to manage FX exposure, cash visibility, and bank connectivity.”

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He also added, “At the same time, the tools available were either outdated, overly complex, or simply too expensive. We started Bracket to solve that gap and give mid-market teams access to modern, real-time treasury infrastructure built specifically for their needs.”

Essentially, Bracket’s AI platform unifies scattered bank data, automates FX hedging and workflows, and delivers real-time insights in a single dashboard.

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“Our platform allows mid-market and high-growth businesses to move away from the manual processes that still dominate treasury operations. We have also developed a bank distribution model that allows financial institutions to license our technology, to support their mid-market clients, and provide them with modern technology,” expands Anderson.

Some features include centralised multi-bank connectivity, automated reconciliation, AI FX automation, and exposure management. Other features are scenario forecasting, a bank-agnostic white-label licensing model, and a no-code setup that finance teams can actually use.

Next Steps for Bracket

Unlike Kyriba, GTreasury, or Revolut Business, Bracket is focused solely on treasury intelligence. The startup’s AI automation and B2B2C model (via banks) finally gives mid-market companies scalable solutions, without the enterprise price tag.

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This funding round was led by Macquarie Group’s Commodities, Global Markets business and Blackfinch Ventures, with participation from existing investor Failup Ventures.

Related Post: UK-based Lenkie Raises $62M To Transform Small Businesses Lending

The new investment will support further product development and Bracket’s next phase of growth. This includes plans to open offices in Europe and Australia and expand its workforce over the coming year.

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Main Image: Alex Charles, Pierre Anderson, and Martin Lee, Bracket Co-founders. Image Credit: Bracket

Stephen Oluwadara
Stephen Oluwadara
Stephen Oluwadara is a general news reporter for UrbanGeekz covering stories across the US and Africa.
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