Agicap secures $48 million for its cash flow management platform

Quick Summary:

So the chief financial officers (CFOs) working for these companies sometimes struggle to make sure that there will be enough money in the right bank account to pay employees and suppliers across different subsidiaries, countries and currencies.

On average, Agicap’s clients manage 15 different bank accounts each.

Agicap’s relative success comes down to a narrow focus on treasury management software — it isn’t trying to do everything at once like most fintech startups.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Romain Dillet

Category: StartupsBusiness

Markets: United StatesFrance

Topics: Startups Cash management Agicap Fundraising Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 06:00:00 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 879 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23545833

View Article Analysis

About TechCrunch

Main Topics: StartupsBusiness

Official Website: techcrunch.com

Year Established: 2005

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #1

Publisher Details

Frequently Asked Questions