Prima Development Group automates its financial operations with FinqTreasury

Finqware, a leading provider of open banking solutions for treasury automation, announces a new partnership with Prima Development Group, one of Romania’s most dynamic real estate developers. The collaboration reinforces Finqware’s position as a trusted financial digitalisation partner for the real estate sector.

Prima Development Group operates a network of nearly 20 companies. Managing liquidity, payments, and financial visibility across multiple legal entities and banking relationships has become increasingly complex as the group continues to expand its footprint.

To address these challenges, Prima Development Group has chosen FinqTreasury, Finqware’s proprietary treasury automation platform. FinqTreasury is a cloud-based treasury management system built on open banking technology, providing secure bank connectivity, real-time cash visibility, and automated bank account reconciliation. The platform significantly reduces manual effort and operational risks associated with traditional financial processes.

“Real-estate groups with multi-entity structures and high payment volumes need more than visibility—they need orchestration. Prima Development Group stands out through its digital maturity and clarity of vision, and we’re excited to support them in completing their financial ecosystem with real-time connectivity and automated payments,” said Cosmin Cosma, CEO and Co-founder of Finqware.

Prior to implementing FinqTreasury, the group managed payments manually through each bank’s internet banking platform, processing transactions across multiple systems. While Prima Development Group has already achieved a high level of digital maturity, its financial overview remained incomplete, focusing primarily on the expense side.

The main need of the group was to integrate banking data and payment capabilities via APIs into their internal system, enabling a complete, real-time financial picture. FinqTreasury addresses this need by connecting all bank accounts across all entities into a single platform and enabling payment initiation and approval workflows, thereby eliminating fragmented processes and manual interventions.

“FinqTreasury fits naturally into the digital infrastructure we’ve been building internally. The ability to integrate banking data and payment flows via an open banking API allows us to extend our existing systems and gain a complete financial overview, while significantly reducing manual work in our day-to-day operations,” said full name, job title, Prima Development Group.

This partnership further consolidates Finqware’s role in supporting real-estate companies with advanced treasury automation solutions tailored to multi-entity, multibank environments. By combining open banking connectivity with a powerful treasury platform, Finqware continues to empower finance teams to operate more efficiently and with greater control.

Prima Development Group is one of Romania’s most active residential real-estate developers, with 20 years of experience and a strong presence in Oradea and Bucharest. The company has built 55 residential complexes, delivered more than 5,000 homes, and currently has over 3,000 homes under construction. Its projects are defined by thoughtful architecture, strategic locations, execution quality, and a long-term commitment to building durable residential communities.

Finqware is a Romanian fintech company authorised as a pan-European payment institution and a member of the Romanian Fintech Association, specialising in financial automation and bank integration solutions powered by Open Banking technology. Through its solutions – including FinqTreasury and FinqLink – Finqware supports the financial digitalisation processes of companies such as FAN Courier, MedLife, Signal Iduna, One United Properties, Rompetrol, Electrica SA, Autonom, and many others. At the same time, Finqware’s platform is used by banks such as Banca Transilvania, CEC Bank, and Salt Bank to deliver next-generation payment services powered by Open Banking technology.