TreasurUp has signed a cooperation agreement with Landesbank Baden-Württemberg (LBBW). The aim is to introduce a digital solution for foreign exchange risk management, especially targeted at small and medium-sized corporate customers. LBBW will make this online hedging service available to both corporate customers of the Sparkassen-Finanzgruppe as well as its…
Rabobank’s TreasurUp venture will spin-off through a series A funding round together with Australian listed cross border payments specialist OFX whilst Rabobank will remain as shareholder. Next to these major shareholders, management and TreasurUp’s engineering partner COERA will co-invest. “Banks around the world are challenged with new business models and…
TreasurUp introduces a groundbreaking feature that seems so logical to have in a bank’s FX platform, but is missing in most hedging platforms that banks are offering their corporate client base. The so-called ‘use case’ is seemingly small but occurs so often that banks using TreasurUp’s white label FX module…
We are very proud of this award as banks around the globe have selected us as winners. This award is a confirmation that many banks acknowledge the success of TreasurUp’s aim to make them more competitive again with online treasury solutions and services for their business clients. Online platforms… Five years ago, Niels van Daatselaar was heading a commercial banking team at Rabobank in the Netherlands, when he got wind of an in-house competition called Moonshot. The contest encouraged bank employees to trade in their suit and tie for “startup style jeans and trainers” and devise innovative ideas for…
A white labeled modular platform designed to take a step up in the technology ladder and enabling focus on the clients. Treasury knowledge plays a key role in this proposition and that’s why TreasurUp is hiring treasury talent to assure satisfaction ratings of 9 out of 10. Recently Niki van…
Nordea is going to use TreasurUp’s FX hedging platform as a new white label service to its corporate clients in Denmark, Sweden and Norway. “Nordea is continuously exploring opportunities to enhance its digital services and FX hedging is a vital part of that. The auto-hedging functionalities and easy-to-use front-end,…
Traditionally, implementing a TMS within your company is complex and takes at least a few months. The total costs of implementing and using a TMS is high (think USD 20k+ per year). Because of this, the benefits of a TMS are usually only enjoyed by large companies. Medium-sized companies instead…
The world has changed enormously in the last few weeks. Still unbelievable that most people around the whole world are sitting at home, working, taking care of their children, making the best of it. It made me think of what I would normally have been doing around this time of…
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