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Finqware recognized by Citi as a trusted partner in treasury management automation

31 ianuarie 2024

Finqware is „the only European solution globally endorsed by Citi for automating clients’ financial operations through APIs„.

Finqware announced today that Citi has included Finqware on its new Apps&Integration Platform as a recommended solution for integration with the Citi Connect API. „This recognition underscores Finqware’s position as a leading provider of treasury management automation solutions and its commitment to seamless integration with top financial institutions.” according to the press release.

We are delighted to be recognized by Citi as a trusted partner in treasury management automation,” said Cosmin Cosma, CEO of Finqware. „This acknowledgment highlights our commitment to delivering innovative solutions that help companies streamline their treasury processes and improve efficiency. We take pride in being the only European solution listed and the youngest company on the Citi portal, and we are excited to continue working with Citi and other top financial institutions to bring our solutions to a global audience.

„Finqware’s treasury management automation solution offers a range of features to help companies automate various tasks, including real-time visibility with all banks across countries and entities within a corporate group, cashflow management, payment automation, and accounts reconciliation. The solution is based on open banking APIs and can be easily integrated with existing corporate management systems (ERP).” the company explains.

„With this recognition from Citi, Finqware demonstrates its ability to compete with the largest and most stable players in the global treasury management automation market. The company is well-positioned to continue growing its market share and establish itself as a global leader in the industry.” it is also shown in the press release.

We are proud to prove that from Romania we can aspire to build yet another global European tech brand. Recognition from Citi and the potential to expand the distribution of the FinqTreasury platform to global clients are crucial steps towards achieving this goal,” concluded Cosmin Cosma.

Additional information: Citibank’s Apps&Integration platform

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Finqware is a Romanian fintech company with European operations, specialized in developing solutions for automating financial operations for businesses. The FinqTreasury platform, along with the new FinqPayments module, in the field of treasury and corporate payment management has already been successfully implemented in Romania for several clients, including Medlife, Fan Courier, One Properties, Nepi Rockcastle, Electrica Furnizare, SelfPay, and others.

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Cifra/Declaratia zilei

Anders Olofsson – former Head of Payments Finastra

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So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”

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In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?