Round raises $6M seed

London fintech Round has raised $6 million in seed funding to expand software that automates treasury, payroll, payments and foreign exchange for finance teams. (tech.eu) The round was led by Alstin Capital, with Backed Venture Capital, Love Ventures, existing investor Passion Capital and angel investor Paul Forster also participating, according to multiple reports published Monday, April 13, 2026. (thenextweb.com) Round said about 10% of its existing customers joined the financing, and the company said the new money will help scale its platform and launch new products including an Agentic Workflow Builder and Autonomous Payroll. (eu-startups.com) Treasury software helps companies track cash, move money and manage foreign exchange; payroll software makes sure employees and tax authorities get paid on time. Round is pitching one system that can handle those routine finance jobs with rules set in advance, instead of staff pushing each payment through by hand. (techfundingnews.com) That pitch lands as finance teams face a familiar problem: the work is repetitive, but mistakes can be costly. The Next Web reported that investors backed Round on the idea that automation should remove manual steps in money movement, not just add a chat box on top. (thenextweb.com) Round’s platform is aimed at fast-growing companies that need tighter control over payment runs, payroll cycles and cash positions across currencies. Tech Funding News reported that teams can set approval thresholds, payment schedules and minimum cash balances, then let the system execute those instructions automatically. (techfundingnews.com) The company has framed that as a shift from software that helps finance teams prepare work to software that actually carries it out. Finextra said Round wants to “strip out the human layer” in automating treasury, payments and payroll. (finextra.com) Passion Capital’s follow-on backing adds a familiar name from British financial technology investing: the firm was an early investor in Monzo, Tide and GoCardless, and doubled down in this round, according to Finextra and Tech Funding News. (finextra.com) For now, the test is whether Round can turn finance automation into trusted infrastructure, where companies are willing to let software move payroll and supplier money with less human intervention. Monday’s seed round gives it more capital to try. (soapbox.vc)