The round was led by existing investors Upfront Ventures, with the participation from Airbus Ventures, Red River West, Radicle Impact and other undisclosed investors. This latest investment strengthens the company's operating capital as it continues to establish itself as a major player in the institutional and enterprise market.

Jiko is an innovative technology platform and a bank that delivers unprecedented safety, liquidity, and simplicity. Jiko is evolving the traditional deposit model through the introduction of digital Jiko Pockets, which combine the transactional features of a bank account, with seamless, fully automated investments in U.S. Treasury bills. Clients can access their Jiko Pockets through a combination of a modern online dashboard, secure enterprise API end-points, and third-party integrations with an ever-growing list of partners in the Treasury Management space.