Crescent, a Lincoln, Nebraska-based platform to help companies improve cash management, raised $5M in Pre-seed funding.
The pre-seed round was led by strategic angels and tech founders including: Nathan McCauley, CEO of Anchorage Digital, the first OCC-chartered crypto bank.
The company intends to use the funds grow its userbase, expand its feature suite, and build out its automation and integration library.
Led by Grant Roscoe, founder, Crescent provides a cash management platform that aggregates top business-friendly yields and helps companies deploy idle capital through automation and cash flow insights. Current yields include a 4% APY USDC-backed yield and 1% APY FDIC insured yield option.
Crescent is now onboarding early clients.
FinSMEs
06/07/2022