Leading dailies covered the feature: Business Standard | Fintech Global | The Week | The Print
IBSFINtech, a globally recognized TreasuryTech company, secures $1.5 million in a Pre-series A amidst the challenging funding winter. The investment, led by distinguished group of HNIs from the USA & India, underscores confidence in IBSFINtech’s global vision. Mr. CM Grover, MD & CEO, IBSFINtech foresees accelerated global expansion and technological strides.
Mumbai & Bengaluru, 27th Feb, 2024: IBSFINtech India Private Limited (“IBSFINtech”), a globally recognized Treasury, Risk, Trade Finance and Supply Chain Finance Management company has secured Pre-series A round of USD 1.5 Mn amidst the challenging funding winter.
The financing round was led by a distinguished group of highly successful professionals HNIs from the USA & India, including some marquee existing investors. The successful funding marks a significant milestone for IBSFINtech, reflecting resilience and investor confidence in the company’s vision and capabilities. The company plans to utilize the funds strategically, to expand its global footprint, furthering its mission of providing state-of-the-art Treasury Management solution (TMS) to corporations worldwide.
The company is poised to play a pivotal role in ensuring digitization of Treasury, Cash & Liquidity, Risk, Trade Finance and Supply Chain Finance functions.
Mr. CM Grover, MD & CEO of IBSFINtech, expressed gratitude for the trust placed by investors, stating, “We are honored by the trust and confidence that investors have shown in IBSFINtech. This round is the stepping stone towards the main funding phase planned in the early FY 2024 -25. We are excited about the growth journey ahead as we strive to establish ourselves as a global leader in this segment. This funding provides the necessary impetus to accelerate our global growth plans and enhance technology to deliver the most comprehensive, decision-making platform for business leaders across industries. Our vision is to make treasury automation solutions available to all sizes of corporations, creating value for everyone in the ecosystem.”
Dr. Praveen, New York based renowned surgeon and serial investor, believes that IBSFINtech is uniquely positioned to be a global player in this niche segment and stated, “It’s truly exciting to associate with IBSFINtech, the Made-in-India fintech company, and be a part of their exponential journey of becoming a global brand. Being associated with a company with strong roots from India fills me with pride, and I have unwavering faith in the capabilities of this homegrown TreasuryTech company that is making waves worldwide.Investing in IBSFINtech means not just supporting a thriving business but also contributing to the global recognition of Indian innovation. It is indeed an honor to be a part of this transformative journey, and I look forward to witnessing the company’s pioneering strides in the future.”
As the company continues its journey towards global prominence, IBSFINtech’s successful funding in the midst of challenging market conditions reaffirms the company’s commitment to innovation and resilience.

With a strategic vision and strong leadership, IBSFINtech is set to redefine the landscape of Treasury, Risk, Trade Finance and Supply Chain Finance Management of the corporations globally. This transformative journey is amplified by its strategic partnerships with industry leaders LSEG (London Stock Exchange Group, erstwhile Refinitiv /Thomson Reuters), Oracle, and the Big 4’s, creating a dynamic ecosystem propelling IBSFINtech towards unparalleled success in the fintech landscape.

The company was recently in news for expanding its presence in the USA, led by the appointment of Mr. Atul Punj as the CEO for the North Americas and Canada region.
Having established a leadership position in the home country, the company is on an exponential growth trajectory to become a global leader in this niche TreasuryTech space.
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Thanks for applying!

Your application has been received.
Meanwhile, take a tour of exciting & challenging Life at IBSFINtech
Follow us

Thank you for reaching out!

Your enquiry is well received. Meanwhile, take a look at the latest updates on IBSFINtech – The leading Enterprise Treasury, Risk & Trade Finance Management® (TRTFM®) solution provider.
Follow us
Ready To Get Started ?​
Enter your details to download the brochure
Request a demo
Please fill in your details and we will get in touch with you shortly.

I consent to receiving communications from IBSFINtech India Pvt Ltd regarding our product offerings. You may withdraw your consent by contacting contactus@ibsfintech.com Please refer to our Privacy Policy

Thank you for reaching out!

Your enquiry is well received. Meanwhile, take a look at our customer’s digital transformation journey and IBSFINtech’s role in contributing to their success & growth.
Follow us
>