Today, the top treasury player "Treasurer Cube" announced that it has successfully obtained hundreds of millions of yuan in Series C financing. This round of financing was led by Yunhui Capital, followed by China Securities Capital, Guiyang Venture Capital, and Shenqi Capital (58 Industrial Fund). The old shareholder Xintian Venture Capital continued to pursue investment. This round of financing is mainly used to iterate products, strengthen marketing, improve customer service and experience, and further expand the company's market influence and coverage in the treasury management field.
Since its establishment, "Treasurer Cube" has basically continued the rhythm of one round of financing every year, and has completed five consecutive rounds of institutional financing. Its historical investors include Matrix Partners, Yonghua Investment, Xintian Venture Capital, Haibei Capital, AA Investment, etc., which fully reflects the market's high recognition of the huge commercial value of the treasury management field and the company's product strength and customer service capabilities. After this round of financing, "Treasurer Cube" continues to lead, and continues to maintain its status as the company with the highest cumulative financing amount on this track.
"Treasurer Cube" is a treasury consulting and information service company that provides digital transformation for enterprises. "Treasurer Cube" promotes the localization of treasury business and helps enterprises to create new Treasury management capabilities, comprehensively improve the level of lean, intensive and intelligent treasury management.
Treasury management has always been an indispensable part of enterprise management. "Treasurer Cube" is an industrial digital infrastructure service provider that provides a sufficiently stable and efficient underlying operating foundation for the economic development of enterprises. Efficiency and optimal allocation of resources have become an important basic link for enterprises to achieve strategic goals.
Treasury management is a rare deterministic direction in an uncertain situation, and it is ushering in a bonus period under the double drive of policy and industry. "Treasurer Cube" has accumulated rich industry experience, patented technology and products in the course of years of development, and has gradually grown and grown through continuous innovation and improvement. In January 2022, the State-owned Assets Supervision and Administration Commission issued the No. 1 red-headed document "Notice on Printing and Distributing the Opinions on Promoting Central Enterprises to Accelerate the Construction of the Treasury System and Further Strengthen Fund Management". Core. Subsequently, the State-owned Assets Supervision and Administration Commission once again issued a document emphasizing the importance of "the construction of a digital treasury system, accelerating the implementation of the treasury management system, and incorporating key businesses such as bank account management, fund concentration, capital budgeting, debt financing, and bill management into the treasury system." Subsequently, local SASACs also issued documents one after another—accelerating the upgrading of treasury management and promoting the construction of the treasury system.
Against such a market background, "Treasurer Cube" actively responds to national policies and provides customers with more considerate services and a product matrix with strong technical support. These efforts not only brought the company an increase in market share and revenue, put the company on the fast track, but also made important contributions to the upgrading of the treasury management industry.
"Treasurer Cube" actively integrates into Xinchuang and the new digital ecology, becoming a leader in treasury Xinchuang. The State-owned Assets Supervision and Administration Commission's "Document No. 79" issued in September last year set a "timetable" for the transformation of state-owned enterprises. The document shows that by the end of 2027, all state-owned enterprises must complete the transformation of the information system. "Treasurer Cube" has been actively implementing the treasury Xinchuang business, improving the security capabilities of the treasury Xinchuang, and has formed an all-round advantage of early deployment, wide footprint, and deep moat. The company is a member unit of Beijing Xinchuang Working Committee, and its products have been selected into the "White List of Industrial Internet Key Technologies and Products" by the Ministry of Industry and Information Technology. The company has also completed joint product compatibility tests with a number of Xinchuang companies.
As an important part of the digital economy, Xinchuang has become an important starting point for modern industries to reshape economic growth. The Xinchuang business of "Treasurer Cube" is also ushering in new opportunities for growth under the background of the times.
"Treasurer Cube" can provide treasury management products covering the whole life cycle for different types of enterprises, assisting enterprises in strategic decision-making, execution and result feedback. The company has conducted in-depth research on customer needs, and has formed an industry-leading complete product matrix, including hundreds of micro-service modules, supporting building-block construction, flexible configuration, fast delivery, and intelligent operation and maintenance. Whether it is a multinational enterprise, a large group, a small or medium-sized enterprise or a start-up enterprise, they can rely on the products of "Treasury Cube" to realize the optimization and upgrading of treasury management.
"Treasurer Cube" has been committed to technological innovation and progress in order to maintain a leading position in the market. The company adopts "Lego-style building blocks to build" and has a flexible structure. The company strictly implements the national information security and confidentiality regulations and technical specifications, and achieves simultaneous planning, simultaneous design, and simultaneous delivery of confidentiality work and information systems. "Treasurer Cube", as the top player in the treasury track, ranks first in the industry in terms of data security and risk control, and has won wide recognition from customers and banks. The overall technical strength leads the industry, which is one of the reasons for the continuous increase in capital.
In addition, the company realized AIGC application innovation in the treasury business field based on AI technology, and passed a number of credit innovation certifications at the same time, becoming the first batch of members of the Ministry of Industry and Information Technology's credit innovation security action "Eternal Safety Plan". "Treasurer Cube" escorts the treasury business of corporate customers through continuous improvement of technical capabilities under the background of "digital economy + AIGC".
"Treasurer Cube" has served more than 1,000 companies in total, covering more than 35 industries, helping companies manage funds of more than 20 trillion yuan. The company has set up dual headquarters in Beijing and Shenzhen, R&D centers in Beijing, Shenzhen and Wuhan, and branches all over the country. With the blessing of "Treasurer Cube"'s superior products, technologies, and service capabilities, "Treasurer Cube" will work with ecological partners to continue to help customers realize management digital transformation around the treasury management touch links such as industry, finance, tax, capital, and banking. and upgrades.
In the future, the company will continue to focus on treasury management, provide customers with all-round support through continuous technological innovation and product upgrades, and provide new momentum for the transformation and development of China's digital economy.
Investor's point of view:
Li Xing, founding partner of Yunhui Capital, said that treasury management is one of the core basic contents of enterprise management. Management is the shortcoming of the digitalization of enterprises in my country and even in the world. With the popularity of cloud computing, the development and maturity of the financial system, and the advancement of corporate treasury management concepts, the digital era of treasury management has finally come to fruition. "Treasurer Cube" gathers excellent talents from Party A and Party B for the digitization of treasury management, firmly grasps the pulse of the development of the financial system and cloud computing, and takes the lead in launching cloud-native treasury products that adapt to the new IT architecture, which not only greatly reduces the cost of treasury construction in large enterprises, Moreover, it has greatly expanded the functional boundary of treasury management, achieved full coverage of funds, opened up the capital flow of upstream and downstream industrial chains, greatly facilitated the development and extension of financial attributes of funds, and greatly reduced the threshold for using the treasury digital management system. Generally, small and medium-sized enterprises can also easily realize the digitization of treasury management, which makes up for this shortcoming of all enterprises. As the country vigorously promotes the construction of the treasury system of state-owned enterprises, the digitalization of treasury management in Chinese enterprises will usher in a period of rapid development. "Treasurer Cube" has excellent management, a clear business model, a high degree of product standardization, and human efficiency and gross profit are at an advanced level in the industry. We believe that "Treasurer Cube" will take advantage of this development to achieve substantial development. Yunhui is very honored to have the opportunity to participate in the progress of "Treasurer Cube" as the lead investor!
Yu Yang, senior vice president of China Securities Investment Shenzhen Strategic Emerging Industry Fund, said that in 2022, the State-owned Assets Supervision and Administration Commission issued the No. 1 document, requiring all qualified central enterprises to promote the construction of the treasury system. The treasury cloud service and AI robot of "Treasurer Cube" can meet the treasury management needs of enterprises in various life cycle stages through atomic and modular software and hardware design. The products are highly intelligent and the service system is complete. We are very pleased to be a strategic investor of "Treasurer Cube" and support the company to continue to lead in promoting the digital transformation of treasury management in Chinese enterprises.
Tian Changhong, chairman of Guiyang Venture Capital, said that the digital innovation of Chinese companies is forming a large ecological cycle. "Treasurer Cube" has an excellent team and a clear strategy. It has seen opportunities for upgrading the treasury industry very early, and has planned to become an industrial digital infrastructure service provider in advance. Only such a breakthrough in the underlying infrastructure of industrial digitalization can bring new possibilities to the treasury's digital innovation. In addition, Guizhou has significant advantages in the digital industry and digital economy, which will help "Treasurer Cube" play a greater role in treasury innovation and domestic substitution.
Shenqi Capital (58 Industrial Fund) stated that we believe that the construction of digital China is the general trend, especially from the introduction of a series of policy documents such as the State-owned Assets Supervision and Administration Commission and the People's Bank of China, which emphasizes the imperative of digital management and treasury construction. Treasurer is a relatively new concept in our country, and it is a field that requires precision and complexity. "Treasurer Cube" has maintained rapid business growth for many years, and the extremely high customer retention shows the market's recognition of "Treasurer Cube" products and models. As the Xinchuang industry ushers in huge development opportunities, the company will continue to maintain its leading position in the industry and make important contributions to Xinchuang's domestic substitution and digital China!
Mo Tao, a partner of Xintian Venture Capital, said that with the rapid development of the digital economy and the innovation industry, the treasury management platform has ushered in explosive growth. As an early investor of "Treasurer Cube", SST Ventures has witnessed the whole process of the company's rapid growth from an entrepreneur to an industry leader. The company's ability to maintain rapid business growth for many years is due to the founder and core team's decades of experience in the treasury field and the first-class products condensed from their experience. We believe that the company has the ability to become an excellent partner in the digital construction of more enterprises.
Jingwei Ventures stated that we are long-term optimistic about the opportunities for continuous upgrading of digitalization in the field of treasury management under the multiple drivers of national policies and corporate business needs. As the largest external institutional investor of "Treasurer Cube", we are very pleased to see that the company has continuously improved the cloud-native treasury management platform products in the past few years, maintained industry leadership, continued to introduce outstanding talents in the industry, and achieved rapid business growth. We also expect the company to continue Make breakthroughs to lead the industry and become a new generation of treasury management industry infrastructure service provider.