[stock-market-ticker symbols="FB;BABA;AMZN;AXP;AAPL;DBD;EEFT;GTO.AS;ING.PA;MA;MGI;NPSNY;NCR;PYPL;005930.KS;SQ;HO.PA;V;WDI.DE;WU;WP" width="100%" palette="financial-light"]

Cash and liquidity management platform Trovata has acquired treasury management system Atom and secured $9 million in investment

30 iulie 2025

Developed by Financial Sciences Corporation, Atom boast a deep treasury feature set, including support for debt and investment instruments, intercompany transactions, in-house bank support, credit facilities, FX hedging, full domestic and international payment workflow, bank fee analysis and bank account management.

It will now be integrated into Trovata’s cloud-native platform built on corporate banking APIs and AI, in what the firm claims makes it the first modern, viable Treasury Management System alternative to the legacy incumbents.

In addition, Trovata has raised $9 million in a Series B extension from State Street and The PNC Financial Services Group. This brings the company’s total funding to $80 million, with investors including JP Morgan, Wells Fargo, National Australia Bank, Capital One Ventures, and Mastercard – according to the press release.

There hasn’t been a new TMS built in nearly three decades,” says Brett Turner, CEO, Trovata. „We pioneered corporate banking APIs and the only true cloud-native treasury platform in the market with meaningful scale. Now, with ATOM, we have the firepower to compete directly with the legacy incumbents—and replace them. This isn’t just expansion. It’s a generational shift in treasury tech.”

Unlike legacy platforms that are cloud-hosted but not cloud-native, Trovata was built from the ground up on a microservices architecture that’s entirely serverless. Its infrastructure deploys in minutes—not months—and scales instantly, whether through direct enterprise engagement or its network of preferred banking partners.

____________

Trovata is reengineering the way companies manage cash. No spreadsheets. No legacy systems. Just real-time visibility, intelligent forecasting and analysis, and seamless money movement—all in one unified platform. As the first cloud-native treasury platform built on corporate banking APIs and AI, Trovata partners with the world’s largest financial institutions to deliver next-gen digital experiences for corporate finance and treasury teams at scale.

Noutăți
Stay updated to the impact of emerging technologies in fintech & banking.
Banking 4.0 newsletter - subscribe
Cifra/Declaratia zilei

Dariusz Mazurkiewicz – CEO at BLIK Polish Payment Standard

Banking 4.0 – „how was the experience for you”

To be honest I think that Sinaia, your conference, is much better then Davos.”

Many more interesting quotes in the video below:

Sondaj

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?