New York Settlement Protocol Secures $28M Series A to Automate Programmable Corporate Treasury
Marcus Vance
Venture Intelligence Lead
The 60-Second Inshorts Briefing
New York fintech LedgerSync closed a $28M Series A round led by a16z and Ribbit Capital. The platform enables startups and mid-market enterprises to execute programmatic overnight yield sweeps and real-time vendor settlements using tokenized cash rails and regulated bank ledgers.
Key Verified Facts
- $28M Series A led by Andreessen Horowitz (a16z) and Ribbit Capital
- Over $2.2B in annualized transactional volume processed across pilot customers
- Real-time 24/7 treasury liquidity replacing 3-day Fedwire and ACH batch delays
- Direct integration with Stripe, Brex, and major US custodian accounts
- Entity
- LedgerSync NY
- Amount & Round
- $28,000,000 (Series A)
- Headquarters
- 🇺🇸 New York, NY
- Lead Backers
- Andreessen Horowitz, Ribbit Capital
Verified Primary Sources & Public Records
In accordance with our zero-hallucination editorial standards, every claim and figure is cited directly to regulatory disclosures or primary corporate filings.
- VerifiedU.S. SEC Form D:SEC Form D Notice of Sale of SecuritiesView record
- VerifiedWall Street Journal Tech Wire:Commercial Banking & Fintech DispatchView record
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