Round

Round (Round Financial Limited, trading as Round Treasury) operates a finance automation platform that combines treasury management, accounts payable, payroll and multi-entity cash visibility in a single system. Core modules let companies hold idle cash in money market funds and savings accounts, sweep and top up operational balances automatically, capture and code supplier invoices, route approvals, execute domestic and international payments, and run payroll from uploaded files or payslips. The company markets a set of AI "agents" and "AI Operators" — including an AI Treasury Manager, Account Opening Agent, AP Agent, Payroll Agent, Cash Positioning Agent and FX Agent — described as executing multi-step workflows end-to-end rather than automating single tasks, with several agent and workflow features listed as "coming soon" (drag-and-drop and generative workflow builders, HRIS integrations, Stripe integration, multi-currency payroll).

The platform integrates with accounting and operational tools including Xero (two-way real-time bill and bank-feed sync), NetSuite and custom ERPs, plus Pleo, Stripe, Slack, Google Sheets and WhatsApp/email notifications. Customers can approve invoices, withdrawals, payments and payroll from Slack or email. Multi-currency accounts are offered in GBP, USD and EUR, with FX execution built into the payment stack. Security and compliance claims on the site include ISO 27001 certification, FCA-regulated rails, FSCS protection via partner banks, multi-layer permissions and immutable audit trails.

Regulatory disclosures identify Round Financial Limited as authorised and regulated by the UK Financial Conduct Authority (FRN 1050315), registered in England and Wales under company number 14609702, with a registered office at Senna Building, Gorsuch Place, London E2 8JF. Round acts as an agent of Plaid Financial Limited for account information services, as an introducer to Insignis Asset Management Limited (Insignis Cash) in return for a revenue share, and is appointed under Regulation 33 of the Electronic Money Regulations to distribute and redeem e-money on behalf of Keel Money Ltd; it is not itself authorised to issue e-money or provide payment services.

Founding story

The company frames its origin around repeated complaints from founders, CFOs and finance leads about logging into multiple bank portals, chasing approvals by email and copying figures between spreadsheets, and the question of why finance operations still work that way.

Business model

Round sells subscription software tiers alongside transaction- and asset-linked revenue. The pricing page lists a free Launch plan (£0/month) for founders and smaller teams, a Growth plan and an Enterprise plan, both quoted on request. Usage-based charges include per-invoice overages (£1.20 on Launch, £0.80 on Growth, £0.50 on Enterprise), per-payroll-payment overages (£1.00 / £0.50 / £0.25) and FX fees (0.50% on Launch, 0.30% on Growth, as low as 0.10% on Enterprise). Money market yield is quoted net of a 0.6% AUM fee, and Round discloses that it receives a revenue share for introducing clients to Insignis Cash.

Tiered SaaS subscriptions with included volumes of invoices, payroll payments and workflow runs; per-transaction overage charges; FX spreads/fees by plan; a 0.6% AUM fee embedded in money market fund yields; and revenue share from introducing clients to Insignis Asset Management.

Traction

The website reports more than $500M processed on the platform, 32+ G2 reviews averaging 4.9 stars, and a claimed #1 G2 ranking for treasury software in Winter 2026. Published case studies cover Passion Capital (2x savings), RoomZero, Tiny VC and a fractional finance firm, with customer-reported outcomes including ~4% yield on idle balances, a 4x yield improvement worth $240k additional annual return, and a 75% reduction in weekly reconciliation time.

Latest developments

Announcement of a $6M raise to build AI-powered finance automation; a claimed #1 G2 treasury software ranking for Winter 2026; and a roadmap of features marked "coming soon," including Stripe and HRIS integrations, multi-currency payroll, drag-and-drop and generative workflow builders, advanced approval routing, and Cash Positioning, FX and Payroll agents.