Your raised capital is earning nothing. We built something to fix that.

When we talk to funded European founders, one thing comes up again and again. They've raised a round - often millions - and that money is sitting in a current account earning close to zero interest. Not because they don't know better. Not because they don't care. But because every treasury solution they've looked at wants them to switch banks, open a new platform, go through another round of KYC, or hit a minimum balance they can't meet at Seed stage.

So they do nothing. And they lose tens of thousands a year as a result.

We heard this frustration again and again in our customer research. Today, we're fixing it.

Introducing Seapoint Treasury

We've partnered with WealthKernel - one of the UK's leading digital investing infrastructure providers - to bring institutional treasury management directly inside Seapoint.

From today, Seapoint customers can earn ~3.44% net on idle cash through BlackRock Government Money Market Funds, with zero minimum balance, same-day liquidity, and no additional KYC. If you're already using Seapoint to automate your payroll, invoices, and reporting, your Treasury account is already waiting for you - just navigate to the Treasury section in your left nav to get started.

European expansion is coming soon - if you're based outside the UK, we'll be in touch as we roll out across the continent.

No new platform. No extra admin. Just your idle cash, working harder.

Why we built this

The numbers are stark. A Seed company with £1.5 million in reserves earns roughly £1,050 a year in a standard current account. At ~3.44%, that same balance generates £51,600 - a difference of over £50,000 annually. Over the 30-month period most founders are managing between rounds, that's £125,000 that simply evaporates.

Above figures are indicative and rates can change.

That's real money. Enough to extend runway by 4.4 months. Enough to make a critical hire before your Series A. Enough to matter.

The friction that stops founders acting on this has always been real too. Existing treasury solutions were built for finance teams at large companies, not for a CFO who's also running three other things. They demand you consolidate your banking, navigate separate interfaces, and go through onboarding that takes weeks. We wanted to build something that met founders where they already are.

How the WealthKernel partnership makes this possible

Building Treasury required a partner who could give us a clear regulatory path and institutional-grade infrastructure without us building from scratch. WealthKernel's API-first platform and Appointed Representative model gave us exactly that.

Operating as an Appointed Representative of WealthKernel - which is authorised and regulated by the FCA - means our customers get access to AAA-rated BlackRock money market funds, with funds held in segregated accounts completely separate from Seapoint's and WealthKernel's corporate assets. The funds invest primarily in UK government securities, meaning the underlying credit risk is the UK government, not a bank. Seapoint Treasury is considered low risk, though as with any investment, your capital is at risk and your money can go down as well as up.

For us, it meant we could build and launch a genuinely smooth experience quickly, without compromising on safety or compliance.

What this means for you

Whether you bank with HSBC, Revolut, Monzo, or Wise - you don't need to change a thing. Seapoint connects to your existing accounts, puts idle cash to work automatically, and pulls funds back when payroll or invoices are due. You maximise returns without ever having to think about it.

Everything is visible from the same dashboard you already use. One place for payroll, expenses, reporting, and now treasury.

If you're a UK-based Seapoint customer, your Treasury account is ready and waiting. If you're new to Seapoint, get started here.

Your capital should be working as hard as you are.

Tax treatment depends on individual circumstances and may be subject to change. For full details on risks, visit our Treasury FAQ.