Round Treasury
“Can an AI agent layer over UK SMB treasury, AP, and payroll replace point tools and turn idle cash into yield by default?”
Founded2023
HQLondon, UK
FoundersPac O'Shea, Hayyan Ahmed
Total raised$6M
Latest roundSeed, 2026
IndustryFintech / SMB banking
The story
Round started as a treasury yield product giving UK startups access to BlackRock money market funds via Wealthkernel's regulated rails. It has expanded into a broader AI-powered finance automation platform — adding multi-currency business accounts (via Keel Money's EMI), accounts payable, autonomous payroll, FX, and agentic workflows. The strategic bet is that small UK finance teams will adopt a single AI-orchestrated layer over their existing banks rather than buying treasury, AP, and payroll point tools.
Product timeline
2023
Round Financial Limited incorporated in England and Wales (company no. 14609702).· founding
2026
Closed $6M seed round led by Alstin Capital; launched Agentic Workflow Builder and Autonomous Payroll.· funding
2026
Achieved ISO 27001 certification.· compliance
2026
Launched NetSuite integration for enterprise AP automation (built via Apideck).· product
2026
Launched FX module with 15bps pricing across GBP/USD/EUR.· product
Regulated entities
Appointed Representative
UK FCA
Round Financial Limited (FRN: 995009)
The stack
Banking / BaaS
Payroll
Open banking
Sponsor bank
Accounting
Accounting gap: minor