Bracket

About Bracket

Bracket is a financial technology company that provides an AI-powered platform for treasury, FX, and cash management tailored for mid-market businesses. Founded in 2024 by industry veterans Alex Charles, Pierre Anderson, and Martin Lee, the London-based firm aims to replace outdated and manual treasury processes, such as spreadsheets, with a centralized and automated system. The co-founders' idea for Bracket originated in 2017, stemming from their collective experience in the deliverable FX marketplace and in delivering middleware technology for hedge funds. They identified a significant gap in the market where mid-sized companies lacked access to the sophisticated treasury tools available to large corporations, leading to time-consuming manual workflows and a lack of real-time financial visibility.

The company's platform addresses these challenges by centralizing bank accounts, automating foreign exchange workflows, and providing real-time treasury intelligence. This allows finance teams to gain clear visibility and control over their bank data and key financial information within a single interface. Key features include a 'Benchmarker' tool that offers transparency on the costs of spot and forward FX transactions, and a 'Portfolio Manager' that connects to a company's various FX providers via APIs to automate post-trade processes and provide live valuations. Bracket serves a diverse clientele, including SMEs, large enterprises, and institutional clients. Its business model includes direct service to corporate clients and a bank distribution model where it licenses its platform to financial institutions, enabling them to offer modern treasury tools to their own mid-market customers.

In February 2026, Bracket announced it had secured $7 million in a seed funding round. The round was led by Macquarie Group's Commodities and Global Markets business and Blackfinch Ventures, with participation from existing investor Failup Ventures. The company plans to use the capital to support product development, expand internationally with new offices in Europe and Australia, and double its employee headcount.