Bracket, an AI-powered FX, treasury and cash management platform for mid-market businesses, has raised $7m in Seed funding to accelerate international expansion following a year of rapid revenue growth.
The round was led by Macquarie Group’s Commodities and Global Markets business and Blackfinch Ventures, with participation from existing investor Failup Ventures. The capital will support further product development, expansion into Europe and Australia, and plans to double headcount over the next 12 months.
The investment follows a period of significant momentum for the company. In 2025, Bracket achieved 600% revenue year-on-year growth and onboarded major financial institutions and corporates.
The company said demand for modern treasury infrastructure is rising among mid-market firms, many of which continue to rely on spreadsheets and manual processes to manage FX exposure, cash visibility and banking connectivity.
Bracket’s platform uses AI to centralise bank accounts, automate FX workflows and provide real-time treasury intelligence, without the cost and complexity associated with legacy systems. The company has also introduced a bank distribution model, licensing its technology to global banks and financial institutions to help them serve mid-market clients with modern treasury tools.
Bracket co-CEO and co-founder Pierre Anderson said, “Mid-market companies are being held to the same standard as the biggest corporates but they don’t have access to the same tools, leaving many to struggle with outdated systems and processes. Bracket automates that operational layer using AI to give teams real-time visibility and control over bank data and key information, all within one platform. This funding allows us to continue on our growth trajectory and scale our products internationally.”
Bracket co-CEO and co-founder Alex Charles said, “After decades working across global financial institutions and large corporates, we identified a shared technology gap holding both back. Corporates relied on fragmented, manual treasury processes, while legacy systems were outdated, clunky, and costly to maintain. At the same time, financial institutions lacked the tools to manage FX portfolios and deliver tailored strategies at scale. Our platform solves both challenges, automating corporate treasury operations and enabling institutions to deliver high-quality FX portfolio management, client engagement, and strategic insight through a single, integrated solution.”
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