Consulting services company PwC Romania has signed a strategic partnership with Romanian fintech Finqware to help financial departments optimize their internal processes using open banking technology.
„PwC Romania will include Finqware solutions in its business automation services portfolio to cover the increasing demand of companies in achieving effective cash management, real time accounts reconciliation and treasury management.” – according to the press release.
„PwC Romania wants to continuously improve its portfolio with digital solutions that have a direct and clear impact on its clients’ financial reports. That’s why we look forward to implementing this partnership because the FinqTreasury platform has great potential to help our clients leverage digital transformation projects,” said Gabriel Voicilă, Technology Partner, PwC Romania”, said Gabriel Voicilă, Technology Partner, PwC Romania.
“The collaboration with PwC Romania is very important for Finqware as it provides access to customers that are already working with best consultants to define and implement their digital strategies. We are optimistic that the alliance will be fruitful in helping businesses acquire efficiencies in financial operations, helping financial experts to focus on decision making instead of spreadsheet manipulation”, said Cosmin Cosma, Co-founder and CEO at Finqware.
Through the FinqTreasury platform, an open banking corporate data hub, „Finqware is uniquely positioned to become the preferred real-time cash management solution for medium to large businesses in Europe.” – the company says.
Licensed as a Financial Payment Institution and authorized to operate in 30 EEA countries, Finqware offers both account information and payment initiation regulated services for companies to operate in real time with their accounts across banks, entities or countries. Companies like Nepi Rockcastle, MedLife, SelfPay and Romanian Post already chose Finqware as provider to implement their digital strategies.
Banking 4.0 – „how was the experience for you”
„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.”
Many more interesting quotes in the video below:
