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HomeBankingTreasury Intelligence Solutions: Raises $20 million

Treasury Intelligence Solutions: Raises $20 million

Date:

Treasury Intelligence Solutions: Raises $20 million

  • TIS founded in Walldorf, Germany in 2010 a global leader in managing corporate payments
  • Announced it has raised $20 million in additional financing led by Aquiline Technology Growth
  • The round also included participation from existing investor 83North. Aquiline joins previous investors 83North
  • The company plans to use the new funding to further accelerate product development and to scale operations in Europe and in the US
  • TIS will further strengthen market leadership while leveraging sustainable competitiveness in combination with increasing network effects
  • Additionally as part of the investment TIS will welcome Michael Cichowski of Aquiline to its Board of Directors

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