Rabobank's fintech scale-up TreasurUp partners with KBC

Rabobank’s fintech scale-up TreasurUp has signed a contract with the Belgian KBC Group. TreasurUp offers a white-label treasury platform. KBC is the third major bank to work with TreasurUp, following successful partnerships with Rabobank and the Finnish OP Financial Group.

The partnership with KBC will start off with a completely new online foreign exchange environment, accessible through web and mobile, which KBC will offer to its medium-sized corporate clients. The bank sees great value in the platform’s ability to apply hedging strategies which their corporate clients can benefit from. If the launch proves successful in Belgium, the partnership may grow into international expansion within KBC Group.

KBC and TreasurUp strive for the same positive response as from treasurers and CFO's from similar corporate users in the Netherlands and Finland. "The fast pace of innovation that TreasurUp offers is unique and specifically tailored to corporate end-users. This is something the bank increasingly seeks in its partners," according to Patrick Roppe, General Manager Financial Markets KBC Group.