Round raises $6M to automate the finance workflows that still require a human to press a button

The London fintech, used by Cleo and PostHog, has closed a seed round led by Alstin Capital, with Backed VC and Love Ventures participating. The co-founder of Indeed also joined as an angel. Passion Capital, an early backer of Monzo, Tide, and GoCardless, doubled its investment.

Round, a London fintech that automates treasury management, payments, payroll, and FX for finance teams at fast-growing companies, has closed a $6 million seed round.

The round was led by Alstin Capital, with participation from Backed VC and Love Ventures. Around 10% of Round’s existing customers also invested in the round, alongside new angels including Paul Forster, co-founder of Indeed.

Passion Capital, which led Round’s $2.1 million pre-seed round in October 2024 and is an early backer of Monzo, Tide, and GoCardless, doubled down on its investment.

Round was founded by Pac O’Shea and Hayyaan Ahmad. Its platform sits between ...