Mid-market businesses need better treasury tools, but many still rely on spreadsheets, manual FX tasks, and disconnected bank systems. This leaves finance teams exposed to currency risks, without real-time cash visibility, and stuck with inefficient operations.
Bracket solves these problems with an AI platform that connects bank accounts, automates FX tasks, and delivers real-time treasury insights. It removes manual work without the high price of older software.
Bracket just raised a $7M seed round, led by Macquarie Group’s Commodities and Global Markets and Blackfinch Ventures, with Failup Ventures joining in.
Put enterprise-grade treasury tools in the hands of every fast-growing company
Founded in 2024 by FX and treasury execs Alex Charles, Pierre Anderson, and Martin Lee, the team brings decades of experience scaling global FX divisions and supporting finance teams at some of the world’s biggest companies.
The founders saw the same story everywhere: companies stuck in manual mode, banks unable to scale FX solutions. So, they built Bracket: a single platform to fix both sides of the equation.
Anderson shares with TFN, “The motivation for starting Bracket came directly from our own experience. Between us, we’d spent decades working with finance and treasury teams across global financial institutions and large corporates, and we kept seeing the same problem. Mid-market companies were held to the same standards as the largest organisations, yet they still relied on spreadsheets, manual processes and fragmented systems to manage FX exposure, cash visibility and bank connectivity.
He adds, “At the same time, the tools available were either outdated, overly complex or simply too expensive. We started Bracket to solve that gap and give mid-market teams access to modern, real-time treasury infrastructure built specifically for their needs.”
At its core, Bracket’s AI platform unifies scattered bank data, automates FX hedging and workflows, and delivers real-time insights in a single dashboard.
“Our platform allows mid-market and high-growth businesses to move away from the manual processes that still dominate treasury operations. We have also developed a bank distribution model that allows financial institutions to license our technology, to support their mid-market clients and provide them with modern technology,” elaborates Anderson.
Some features include: centralised multi-bank connectivity, automated reconciliation, AI FX automation, exposure management, scenario forecasting, a bank-agnostic white-label licensing model, and a no-code setup that finance teams can actually use.
Unlike Kyriba, GTreasury, or Revolut Business, Bracket is focused solely on treasury intelligence. Their AI automation and B2B2C model (via banks) finally give mid-market companies scalable solutions, without the enterprise price tag.
What’s next?
The company now licenses its technology to global banks like Macquarie, helping them serve mid-market clients. This model brings in revenue from both companies and banks.
The $7 million investment will help Bracket develop new products, expand internationally with new offices in Europe and Australia, and double its team in the next 12 months.
TFN contacted Bracket for comment regarding diversity and inclusion; no response was received at the time of publication.
