Banking Dive reported Treasury Prime laid off roughly 40-50 employees, about half its staff, as the company pivoted away from fintech-bank liaison work toward bank-direct software.
SourceEmbedded banking software platform and marketplace
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Treasury Prime is a San Francisco-based embedded banking / Banking-as-a-Service platform that gives banks and fintechs a modular Bank OS, direct core integrations, compliance tooling, and a partner marketplace to launch and run embedded financial products.
Primary product
Bank OS / embedded banking API platform
Founded
2017
Headquarters
San Francisco, California, United States
Team size
30-40
Work style
Remote
Industry
Software Development
Sub-industry
Embedded banking / Banking-as-a-Service (BaaS)
Offices
1 job at Treasury Prime
Business model
Stage
Series C
Total raised
$71.6M
Latest round
Series C · Feb 2023
Latest amount
$40M
Feb 2023 · BAM Elevate
May 2021 · Deciens Capital and QED Investors
May 2020 · QED Investors
Mar 2018
Jan 2018 · Y Combinator
Leadership
Co-founder & CEO
General Counsel & Chief Compliance Officer
Chief People Officer
Vice President of Operations
Vice President of Engineering
Travis Champion
Vice President of Revenue
Controller
Founders
Co-founder & Board Member
Investors
Remote-friendly, North America-distributed culture that emphasizes teamwork, stewardship, openness, iteration, adaptability, and customer centricity; the company also describes itself as scrappy and flexible and holds quarterly all-hands plus at least one annual in-person meeting.
Work style
Remote
Compensation
Public compensation signals emphasize salary plus equity, with performance-based refresher and promotion grants; the company also advertises a broad benefits package and home-office/wellbeing stipends.
Benefits
Pricing
Not publicly disclosed; appears to be enterprise/B2B contract pricing for platform access, implementation, and network services.
Differentiators
Technology
Customers
Competitors
Estimated revenue
USD 1M-$10M
Estimated monthly visits
11.5K
Traffic estimate as of Jul 2026
Banking Dive reported Treasury Prime laid off roughly 40-50 employees, about half its staff, as the company pivoted away from fintech-bank liaison work toward bank-direct software.
SourceTreasury Prime’s own Feb. 28, 2024 blog post said it was launching a Bank-Direct product and reorganizing, with some colleagues leaving or being redeployed.
SourceBusiness Wire · Jun 2026
Launch of Prime Cash with Green Dot, enabling fintech partners to let customers add cash at 90,000+ retail locations nationwide.
Treasury Prime newsroom · May 2026
Announces Travis Champion as VP of Revenue to lead sales, marketing, and broader commercial strategy.
Treasury Prime newsroom · Jan 2026
Adds i3 Bank and Coastal to the bank network and highlights continued bank-network expansion and AI Marketplace usage.
Treasury Prime newsroom · Dec 2025
Introduces an AI Marketplace to help banks identify, evaluate, and onboard fintech partners faster using AI/LLM-driven matching.
Treasury Prime newsroom · Oct 2025
Treasury Prime joined U.S. Bank’s partnership network, expanding access to its Bank OS, subledger, and AI reconciliation tools for treasury clients.