Round has raised USD $6 million in seed funding in a round led by Alstin Capital.

The London fintech also launched two products, Agentic Workflow Builder and Autonomous Payroll, as it expands software that automates treasury management, payments, foreign exchange and payroll tasks for finance teams.

Backed VC and Love Ventures joined the round. Existing investor Passion Capital participated again, while about 10% of Round’s existing customers also invested, alongside angel investors including Indeed Co-Founder Paul Forster.

Round says its software is used by European businesses, including Cleo and PostHog, and that it has processed more than USD $500 million since launching its first automated workflows less than a year ago.

Manual burden

Round is targeting a finance function that still relies on people moving between accounting systems, bank portals, spreadsheets and email to complete routine work such as invoice approvals, payment runs, contractor follow-ups and reconciliations.

Its approach combines software with payment and treasury infrastructure, allowing finance teams to set rules for approvals, payment timing and cash balances while the system handles the operational steps. The platform works alongside a company’s existing banks and accounting software.

Round is ISO 27001:2022 certified and works with FCA-regulated financial partners. Transactions are logged with audit trails inside their dashboard.

The founders framed the product as a way to remove repetitive work rather than replace senior finance staff.

“Everyone’s trying to build an AI CFO. Cursor didn’t get big by replacing the CTO. It got big by doing the work which engineers didn’t want to do. We’re taking the same approach, but for finance,” said Pac O’Shea, Co-Founder, Round.

Hayyaan Ahmad, the other Co-Founder, outlined the company’s view of how finance teams are changing.

“We are building for the finance team of the future, one that understands the importance of automation to keep up with the pace of modern companies. AI tools are rapidly being deployed across the industry and finance teams do not need to be left behind,” said Ahmad.

New products

According to Round, Agentic Workflow Builder lets finance leaders describe a workflow in plain English and have the system create it for approval. Examples include funding payroll early, moving surplus cash into yield-bearing accounts and contacting contractors for missing invoices.

Once approved, those workflows can run continuously and notify staff through channels such as Slack, WhatsApp or email when intervention is needed. The feature is in early access, with selected customers testing workflows across treasury, payments and finance operations.

Autonomous Payroll is designed to automate a payroll run from start to finish. The module pulls payslips from a payroll provider, prepares the run, routes it for approval, funds it from treasury, executes payment and confirms completion.

Round argues that this removes the need for staff to switch between multiple systems or manage payroll funding manually. The pitch places it in a growing market of fintech and software providers trying to reduce administrative work inside finance departments through automation and artificial intelligence tools.

Investor view

Alstin Capital said Round’s combination of financial infrastructure and workflow software was a key attraction.

“Round understands that true finance automation requires infrastructure, not just software. The platform is positioned between banks, ERPs, and payment rails and orchestrates cash flows in real time. This is not an optimization of existing processes, but a fundamentally new way for companies to manage their finance operations. This vision and impressive execution convinced us as lead investor,” said Andreas Schenk, Partner, Alstin Capital.

The new funding will be used for product development, hiring in engineering and commercial roles, and deeper integrations with banks and financial systems. Round is based in London and was founded by O’Shea and Ahmad.

Ahmad said the latest product launch is central to that plan.

“Round’s workflow builder changes what’s possible. A finance team can describe work they do as steps, the system builds a workflow, they approve it, and it runs forever in the background. This funding lets us take that approach to every repetitive process in finance,” said Ahmad.

Norman House and Mayfield House on Banbury Road in Oxford are available jointly for £15,650,000, with the neighbour buildings including a number of tenants.

Among them are a Boots optician, Joe’s Bar & Grill, Helen & Douglas House Hospice, and Harvey Jones Kitchens.

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The two buildings – that are sandwiched either side of historic pub The Dew Drop Inn – are being marketed by Carter Jonas.

Its listing said: “Rare Oxford multi-let office and retail freehold investment with significant reversionary potential.

Norman House on Banbury Road (Image: Google Maps)

“The buildings occupy a prominent position on the Banbury Road which provides access to the city centre to the south and the A40 and A34 to the north which in turn connects to the M40.

“An established office and retail location popular with a mix of national and local businesses.

“Comprising two multi-let mixed use buildings with retail on the ground floor and office accommodation above.”

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The properties benefit jointly from 65 car parking spaces and comprise a total of 45,523 square feet of office and retail accommodation on a site area of 1.04 acres.

They have a contractual rent of £1,253,460 per annum and an average rent of £26.37 per square foot.

The building is available freehold.

HSS ProService Marketplace has appointed Sam Davies as Supply Chain Director. He joins from Amazon, where he spent a decade in delivery operations.

Davies will lead changes to the company’s supplier network and digital customer systems as the building services marketplace pushes further into a data-led operating model.

His remit includes expanding the supplier base, raising standards across the network and connecting fragmented processes. He will also build systems designed to give suppliers a single view of contracts and performance.

Before joining HSS ProService Marketplace, Davies worked at Amazon during a period of major UK expansion in last-mile delivery, from a small number of sites to almost 100. During that time, he moved from managing delivery stations to introducing technology and products, before going on to lead the Midlands parcel delivery region.

That experience is expected to shape HSS ProService Marketplace’s approach to supplier management and customer service in the hire market. The business is seeking to move from a largely reactive model to one built more heavily around dashboards, metrics and structured performance oversight.

Supplier focus

A central part of the plan is to bring in more suppliers while giving them digital tools to manage contracts, identify growth opportunities and access operational data. HSS ProService Marketplace also wants to make it easier for suppliers to work across the platform by integrating systems behind the scenes.

This reflects broader changes in the equipment hire and building services sector, where operators face pressure to improve availability, pricing visibility and service consistency while managing complex supplier relationships. Digital marketplaces have become an increasingly important route for customers seeking equipment and related services without having to deal separately with multiple providers.

HSS ProService Marketplace describes itself as Europe’s largest building services marketplace and operates a nationwide supplier network. The business connects customers with equipment hire and related services through an asset-light model.

Operational shift

At Amazon, Davies worked on replacing manual workflows with integrated portals and dashboards, alongside data-led supplier performance management. HSS ProService Marketplace aims to apply similar disciplines to improve service reliability and oversight across its own network.

The appointment also forms part of a broader management and digital transformation programme. The business has been hiring leaders with technology and retail experience as it looks to modernise its operations in the UK building services and hire market.

For suppliers, the shift could bring more standardised reporting and clearer service-level benchmarks. For customers, the company is aiming to deliver a more consistent experience across product access, fulfilment and support.

Davies outlined his view of the opportunity in the sector in his first comments after taking the role.

“There is a huge opportunity to revolutionise this industry through innovating on behalf of suppliers and customers. We want to be the platform suppliers choose to grow with because it is easy to work with and helps them serve more customers even better. For customers, this means greater confidence, with reliable access to quality products, competitive pricing and consistently great service. By combining digital-enabled innovation with operational excellence, we are building a marketplace ecosystem where everyone benefits,” said Sam Davies, Supply Chain Director at HSS ProService Marketplace.