Jiko, a fintech platform providing seamless access to U.S. Treasury bills, has raised $29 million in its Series C funding round led by Upfront Ventures, alongside Airbus Ventures and other investors. This funding will drive the platform's expansion and innovation in treasury management, offering clients a modern alternative to traditional cash management solutions. Jiko has also strengthened its leadership by adding experienced professionals to its board and advisory committee.
Key Points:
- Funding Raised: $29 million in Series C, led by Upfront Ventures and Airbus Ventures.
- Innovative Platform: Jiko Pockets offers 24/7 programmatic trading of U.S. Treasury bills.
- Leadership Expansion: Added experienced board members and advisors, including financial experts from Caltech, Ally Bank, and Coinbase.
- Strategic Goal: Enhance corporate cash management with secure, digital solutions.