Treasury Management Service

Treasury Management Service Success Stories [2024]

Pat Walls

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Updated: September 26th, 2024

Managing a company's cash flow, investments, and financial risks might sound complex, but it's an opportunity waiting to be seized. Treasury management service is all about optimizing your clients' short- and long-term funding needs, ensuring they have the right balance of liquidity and investment strategies.

Your role in this business is to provide expert advice and solutions on matters like cash forecasting, handling bank relationships, and implementing effective controls. By helping businesses manage their finances more efficiently, you'll be saving them time and potentially millions of dollars annually.

What's compelling about this idea is the high demand for financial expertise in unpredictable economic times. If you have a knack for numbers and risk management, launching a treasury management service could not only be lucrative but also hugely rewarding as you help businesses thrive.

In this list, you'll find real-world treasury management service success stories and very profitable examples of starting a treasury management service that makes money.

1. HoneyCoin ($12K/year)

David Nandwa founded HoneyCoin after experiencing frustration with payment platforms that were expensive, had restrictions for young people, and had unfriendly user experiences. He also saw the potential for independent creators in Africa to make significant earnings and wanted to create a platform that catered to their needs. HoneyCoin is now profitable and will be raising capital to handle increased demand after its public launch.

How much money it makes: $12K/year
How much did it cost to start: $150
How many people on the team: 0

Building A Payments Application For African Creators And Gen Z

HoneyCoin is a payments app that helps creators and internet businesses monetize their audiences by managing cash and cryptocurrency all in one place, which processes an average of $10k per month in revenue and has onboarded 504 people.

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