Deal History
Investor: Macquarie Group’s Commodities and Global Markets business and Blackfinch Ventures
Bracket, a leading FX, treasury and cash management platform for mid-market businesses, has secured £5.1 million in Seed funding.Summary of transaction details:Value: £5.1 millionSector: FintechAdvisor: nullKey Entities: Bracket, Macquarie Group’s Commodities and Global Markets business, Blackfinch VenturesLocation: nullNote: The demand for modern treasury infrastructure has increased among mid-market companies, many of which are seeking to streamline their financial operations.
Investor: Macquarie Group and Blackfinch Ventures
London-based fintech Bracket has successfully closed a £5.1 million ($7 million) Seed funding round. The investment was co-led by Macquarie Group and Blackfinch Ventures, with additional participation from Failup Ventures. Summary of transaction details: Value: £5.1 million ($7 million) Seed Sector: Fintech / Treasury SaaS Advisor: Not disclosed Key Entities: Target: Bracket; Lead Investors: Macquarie Group, Blackfinch Ventures; Additional Investor: Failup Ventures; Key Founders: Pierre Anderson (Co-founder & Co-CEO) Location: London, UK Note: Bracket is addressing a significant gap in the mid-market business sector. While mid-market companies face the same financial complexities as massive corporates, they often lack the enterprise-grade tools to manage them, relying instead on manual spreadsheets. Bracket’s AI-powered treasury platform centralizes bank accounts, automates foreign exchange (FX) workflows, and provides real-time cash visibility. This Seed funding will fuel the company's international expansion and product development.
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