Bracket, a London-based platform offering FX, treasury, and cash management solutions, has announced the closing of a $7 million seed funding round.

Funding Details

The round was led by Macquarie Group’s Commodities and Global Markets business and Blackfinch Ventures, with participation from existing investor Failup Ventures. The funds raised will be used for product development and geographic expansion, including opening offices in Europe and Australia.

The Bracket Platform

Founded in 2024 by Alex Charles, Pierre Anderson, and Martin Lee, Bracket aims to solve the challenges that mid-market companies face in treasury management. The AI-enabled platform centralizes bank accounts, automates FX workflows, and provides real-time treasury insights, reducing reliance on manual processes.

Distribution Model

In addition to serving corporate clients directly, Bracket has developed a bank distribution model, licensing its platform to global banks and financial institutions to help them deliver modern treasury tools to their mid-market customers.