In a significant move within the Pacific Northwest’s financial technology sector, Spokane-based Treasury4 has completed its acquisition of TreasuryGo, a Seattle-area company specializing in financial technology tools. The financial details of the transaction were not disclosed.

The acquisition brings together two companies focused on treasury management software solutions, with TreasuryGo’s eight-person team joining Treasury4’s existing workforce. The merger expands Treasury4’s employee count to 40 people, strengthening its position in the financial technology market.

A key development in this acquisition is the appointment of George Zinn, TreasuryGo’s co-founder and former Microsoft treasurer, to the position of chief strategy officer at Treasury4. This strategic addition brings valuable experience and leadership to the combined organization.

Treasury4, which was established in 2020 by former employees of Itron, has shown significant growth since its inception. The company secured $20 million in funding in 2023, demonstrating investor confidence in its mission to provide sophisticated software solutions for CFOs and financial professionals managing corporate finance and treasury operations.

TreasuryGo, founded in 2019, has developed complementary financial technology tools that align with Treasury4’s core offerings. The integration of TreasuryGo’s capabilities into Treasury4’s existing platform is expected to enhance the company’s ability to serve its corporate clients with comprehensive treasury management solutions.

This acquisition represents a consolidation of financial technology expertise in the Pacific Northwest, bringing together Spokane’s growing tech sector with Seattle’s established financial technology community. The move positions Treasury4 to better serve its client base while expanding its market presence in the treasury management software space.

The combined entity will continue to focus on developing and delivering software solutions that help financial professionals streamline their corporate finance and treasury management processes, building on the technological foundations established by both companies.