Palus Finance
Active40% higher yields on company cash, in under 5 minutes.
About
Palus Finance is the first treasury management platform with a higher-yield bond portfolio for companies’ idle cash. We launched in late February and are live with 33 companies, growing 110% week-over-week. Existing startup/SMB treasury products just sweep cash into a money market fund and charge a high management fee. Palus offers a short-duration bond portfolio which safely earns ~40% more yield than money market funds, with sub-3-day liquidity, and 5-minute setup with customers' existing bank accounts. We see treasury as a great wedge to eventually offer full-suite banking services to all high-growth companies. Sam and Michael are technical cofounders who met at Caltech. Sam previously built the AI research platform for a $3T AUM asset manager; Michael built quantum computers for the defense industry.
Founders
Sam Lushtak· Founder and CEOCEO @ Palus Finance. Used to build treasury strategies for Fortune 500 companies, now I build them for startups. Ex-Goldman Sachs, ex-Capital Group. Caltech alum. Sharpe ratio enthusiast.
Michael Gonzalez· FounderCTO @ Palus Finance. Distributed systems nerd. Previously wrote monitoring software that saved defense contractors $150M by optimizing uptime of multi-site fleets of quantum computers. Caltech alum.
Product launches · 1 launch
Up to 50% more yield from your company treasury, without switching banks.