Backing founders in financial technology

From the founders of Betterment and Acorns. With a foundation in starting and scaling companies that are shaping modern finance, Treasury backs the most ambitious fintech builders at an early stage.

WHO WE ARE

Financial technology is central to our lives

We support builders globally who are modernizing financial services – those who are defining and redefining their categories with new infrastructure and tooling.

Backing bold fintech builders

Exited

Andela Andela cultivates IT talent in emerging markets and provides leading global technology companies with access to a high-skilled resource pool.

Exited

April builds a frictionless turnkey tax-filing service enabling financial institutions to provide maximum refunds for their members.

Exited

Ballerine is an AI-driven risk and compliance platform that helps financial institutions and payment providers onboard merchants faster, cut costs, and stay compliant. 

Exited

Bolttech is a global insurance exchange where underwriters, carriers, and agents can efficiently trade policies and manage exposures. 

Exited

Brankas is building open banking infrastructure in the fast-growing Southeast Asia region (think Plaid of SE Asia).

Exited

Capitalize is a marketplace for commercial real estate mortgages, distributed through brokers.

Exited

Charm Security protects customers and organizations from scams and social engineering with AI that uncovers and disrupts deception and manipulation.

Exited

Copper is a fintech building point of sale platform for restaurants.

Exited

Counter is a healthcare payments platform that simplifies pharmacy-related expenses.

Exited

Embed is a modern broker-dealer clearing and custody firm.

Exited

Groundswell provides a platform for charitable giving as an employee benefit.

Exited

Intelas is an AI-powered real estate data platform that automates data collection, standardization, and reporting, giving asset managers and accounting teams faster, more accurate portfolio insights with less manual work.

View ALL founders

Press

Axios: April launches complete version of AI powered tax filing

READ ARTICLE

Business Insider: Andela acquires Qualified

READ ARTICLE

Yahoo Finance: Brankas expands offering in SE Asia and enters MENA

READ ARTICLE

The core team

Eli Broverman —
Built the first robo-advisor
Betterment,
New York,
2008

Co-Founder of Betterment. Eli launched Betterment in 2008 and scaled the company into the largest independent digital wealth advisor.

Jeff Cruttenden —
Built the first mobile investing app
Acorns,
California,
2012
Say
New York,
2017

Co-Founder of Acorns, the world’s first mobile-first investing app and largest micro-investment platform.

Co-Founder of Say, a proxy-voting technology platform that empowers shareholders with access to their full ownership rights. In 2021, Say was acquired by Robinhood.

Oversaw a portfolio of startups and funds on a global scale as part of a prominent Ukrainian Family Office. Prior, Sasha had hands-on experience with dozens of startups as part of a startup consultancy firm.

Sasha Silvestrov
Associate

Before joining Treasury, Kir advised on internationalization for SMBs at the EU Institution. He is also pursuing a PhD in Economics.

Kir Shtogrin
Research analyst

Cynthia Loh is Head of Beyond the Card at Capital One, leading new product innovation for B2B customers. She previously built Betterment’s 401(k) business and held senior roles at Goldman Sachs, Charles Schwab, and ZocDoc, leading initiatives in financial wellness, digital advisory, and B2B solutions.

Cynthia Loh
Venture Partner

Aiden Guo is a finance and technology professional with experience in operations, product, and strategy at early-stage startups, including Daisy (proptech) and CREFtech (AI underwriting). He holds a B.S. in Finance and Computer Science from NYU Stern.

Aiden Guo
Investment Analyst

Michael is a product leader, investor, and professor with 15+ years in fintech and technology. He is an Operating Partner at Treasury, advising founders on product, go-to-market, and fundraising. Previously, he led product teams at Betterment, Goldman Sachs, and Morgan Stanley. He teaches Business Models & Entrepreneurship Strategy at Parsons School of Design.

Michael Ballard
Venture Partner