Treasure was founded in 2018. More information about Treasure is available on our Company page.
We are not a bank. Treasure was built to provide a much better return on business idle cash. Unlike banks, Treasure has fiduciary responsibility, which means we are required to always put our customers’ best interests first.
Treasure is regulated by the SEC and SOC2 compliant. All funds are safely held by our trusted custodian (Apex Clearing) and Treasure Cash allocations enjoy FDIC insurance and are deposited with federally chartered US banks. Treasure Managed Income enjoys $500,000 SIPC coverage.
Apex Clearing is our SEC regulated custodian. Apex has more than $90 billion under custody and is used by large Fintech companies.
Treasure is built for growing businesses looking to safely generate meaningful revenue from their idle cash. We don’t provide services to individuals.
For sales inquiries email firstname.lastname@example.org. For everything else, reach out to email@example.com.
Treasure Cash is a no market risk cash allocation. Treasure Managed Income is invested in low risk fixed income mutual funds selected and managed by Treasure (so that you don’t need to do anything).
For Treasure Cash your income is paid monthly (at the end of the month) based on the average daily balance held during that month. For Treasure Managed Income the income comes from the dividend paid by the fixed income mutual funds allocated to.
Treasure is a free platform. Treasure charges a 0.35% annual management fee on assets held in Treasure Managed Income. All published yields are net of our fees.
Treasure accounts are usually opened within 2 business days.
You have 2 options to fund your account through either an ACH transfer or wire transfer for larger amounts (Treasure covers your wire transfer fees).
Daily liquidity with Treasure Cash and 3 day liquidity with Treasure Managed Income.
* Based on the average annual excess returns of hypothetical back-tested performance in the Treasure Managed Income portfolio from 2013 to present and the current Federal Funds Rate. Results are shown net of fees. Hypothetical back-tested performance is not a guarantee of future performance and actual results will vary. Returns are subject to change daily. Source: Bloomberg.
** Treasure Cash accounts are held at Grasshopper Bank, N.A., our FDIC partner bank. Based on national average checking account rates as of 2/7/2022. Source: FDIC.