Embat Secures $16 Million for Global Expansion and Real-Time Treasury Management

The Madrid-based FinTech startup aims to revolutionize corporate treasury management with its latest funding round.

Embat, a treasury management FinTech company, has raised $16 million in a Series A funding round led by Creandum.
The funding will be used to expand Embat's international presence and double its headcount.
Embat's platform automates accounting and bank reconciliation, saving financial teams up to 75% of time on these tasks.
The company has already served over 150 corporate clients across Europe and handled more than 3 million bank transactions.
Embat competes with companies like Trovata in the U.S., but differentiates itself with API-driven solutions and automated cash accounting.