From concentrated to diversified.

The pandemic, multiple fundraises, and rapid expansion created a sharp spike in cash on Gousto's balance sheet.

But with only a handful of relationship banks – and lengthy KYC/AML processes blocking quick onboarding to new ones – the treasury team faced significant concentration risk to a limited set of counterparties, on an unsecured basis.

A single digital onboarding to TreasurySpring unlocked 1,000+ cash investment products across multiple currencies – EUR, GBP, USD, and more – and three product categories: banks, governments, and corporates.

For Gousto, that meant investing cash the same way the world's most sophisticated financial institutions do, without building or maintaining the bilateral infrastructure that historically came with it.

Today, Gousto runs a diversified cash portfolio across top financial institutions in North America, Asia, and Europe.

The treasury team matches investments to cashflow needs with flexible terms – and has the optionality to deploy or hold based on the business, not the limitations of a few bank relationships.