The Challenge
Founded just a year ago by Crowdcube founder Darren Westlake, Disco had already raised two funding rounds. With fresh capital on hand, they needed an efficient and secure way to maximise returns while maintaining quick access to funds.
The treasury problem:
- Lower-than-ideal interest rates in a basic savings account
- Limited coverage that didn’t fully protect larger balances
- Uncertain fund access when urgent expenses arose
- Funds held in a single savings setup
The quote:
“I love Monzo, but we basically kept our funds in their savings account. Once we had more funding, we wanted something safer and more rewarding, but still easily accessible.”
— Darren Westlake, Founder & CEO at Disco
Alternatives Considered
Before Round, Disco relied on existing banking setups and explored alternatives.
For Treasury:
- Monzo savings account - Lower-than-ideal interest rates
- Traditional bank savings - Limited protection for larger balances
- Manual diversification - Required managing multiple accounts
Core issue: Existing solutions either offered low returns or required additional complexity to improve safety and access.
The Solution
Disco adopted Round to improve returns, increase protection, and simplify treasury management.
Treasury Module
- Ability to split funds across multiple institutions
- Higher returns compared to bank savings accounts
- Full FSCS protection across balances
- Simple deposits and withdrawals without friction
“Round said we can split funds across multiple institutions, earn double the returns we’re getting, and keep everything FSCS protected. I was intrigued.”
The Results
Time saved:
- Reduced time spent managing banking relationships
- Eliminated need to manage multiple platforms
- Simplified treasury management
Money earned:
- Doubled the interest earned compared to previous setup
- Higher returns on idle capital
Risk eliminated:
- Improved protection through diversification
- Reduced reliance on a single bank
- Increased confidence in treasury management
Key Features They Love
Safety beyond limits:
“Having FSCS protection beyond the usual threshold matters a lot to me. You just sleep better knowing large sums aren’t all in one bank.”
Increased returns:
“Round basically doubled the interest we were getting.”
Direct support:
“I’ve messaged them countless times… and they always get back in record time.”
User-friendly dashboard:
“I love seeing exactly how our funds are split. It’s a surprisingly simple view.”
The Setup
Onboarding was straightforward with simple deposits, responsive Slack-based support, and no need to manage multiple accounts or complex processes.
Looking Ahead
Disco plans to continue using Round for future treasury needs, focusing on better returns, strong support, and maintaining instant access to funds.
About Disco
Disco is a professional music app founded by Darren Westlake, focusing on building and scaling its platform while managing treasury efficiently without a dedicated finance team.
About Round
Round builds AI-powered financial infrastructure that automates treasury, AP, and payroll operations for European companies and VC funds. Backed by Alstin Capital, Round helps finance teams earn more on idle cash while spending less time on operational busywork.
