Treasury Prime

Treasury Prime is a San Francisco-based Banking-as-a-Service company that provides APIs connecting fintech companies and non-bank businesses with a curated network of FDIC-insured bank partners for embedded banking products. Companies use Treasury Prime to launch checking accounts, debit cards, ACH transfers, wire transfers, and lending products under their own brand, with the compliance, regulatory, and banking infrastructure handled by Treasury Prime and its bank partners. Treasury Prime's multi-bank network model differentiates it from single-bank BaaS providers by enabling customers to route banking products through multiple bank partners, improving pricing, reducing concentration risk, and providing alternatives if a bank partner changes its embedded finance strategy. The company serves fintech startups, digital lenders, payroll platforms, and enterprise companies embedding financial products into their offerings. Founded in 2017, Treasury Prime raised over $50M from investors including Deciens Capital, SaaStr Fund, and QED Investors. It competes with Synapse (defunct), Unit, and Bond in the Banking-as-a-Service API market.