Case Study: Ontime Contracting LLC achieves diversified, liquid treasury management with Round Treasury

Ontime24 Contracting LLC diversifies £1.5M instantly with Round Treasury

Ontime24 Contracting LLC, a salary deduction payment network, faced significant treasury management challenges after raising £1.5 million in pre-seed funding. Their bank's £1 million cap left funds in limbo, creating a lack of diversification, liquidity, and visibility. To solve this, they turned to Round Treasury for its treasury management solution.

By adopting Round, Ontime instantly diversified its funds into FSCS-backed accounts and gained access to BlackRock money market funds. This provided protected funds, next-day liquidity, and simplified treasury management. The measurable results included generating yield on previously idle capital and saving hours of operational effort, effectively turning their treasury into a growth lever.

Ontime24 Contracting LLC