Treasure Hires JPMorgan and WePay Technology Executive as CTO
San Francisco, California--(Newsfile Corp. - September 22, 2021) - Treasure, a fast-growing fintech company providing cash management solutions for small to medium businesses, announced today that Matthew Clower has joined the company as Chief Technology Officer. The addition of Clower to the Treasure C-suite follows on the heels of Treasure's Seed + funding secured from investors led by Peter Thiel and Jump Capital. This infusion of capital, along with Clower's experience leading technology teams to build financial platforms, will help further amplify Treasure's rapid expansion.
"We're excited to welcome Matthew to Treasure at an exciting time of growth for the company," shares Sam Strasser, CEO, Treasure. "Matthew comes to Treasure with a stellar background and deep experience in Fintech. He is a great addition to Treasure to accelerate our growth and expand our platform to meet the demands of the marketplace." Ben Verschuere, Treasure Chief Investment Officer adds "Automation and technology around seamless business cash investment are our expertise; it is great to have Matthew join us to further optimize our capabilities."
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Clower comes to Treasure after serving as Chief Software Architect at WePay, the leading U.S.-based payments provider. "I'm excited to join Treasure's leadership on this journey to new heights. Treasure's product vision is strongly positioned to provide extraordinary value to the millions of SMBs that need it most," say Matthew Clower. At WePay, Clower built a skill set that makes him the ideal leader for Treasure's technology team, as he created consistent standards for software development and provided growth and development to his team to promote retention of top talent. Clower is an entrepreneur and prior to WePay was a software engineer, independent consultant, and a member of the United States Army.
Treasure is a fintech software company located in San Francisco, California. It has created a full-stack suite of financial products and tools designed for SMB CFOs to accurately track their cash flow in real-time and monetize short-term cash with Liquid Sense (Treasure proprietary transaction AI).
Recently launched, the Treasure Reserve account is the first of its kind - a higher-yielding account designed for the exact needs of SMB, currently yielding between 0.75 %-2.75% (net of fees, based on the current yields of the funds offered by Treasure. Source: Bloomberg).
Treasure transforms cash flow into revenue opportunities, turning finance departments from cost centers to profit generators. Visit www.treasurefi.com for more information.
For further information, please contact:
Ben Verschuere, CIO
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97305