Necto offers a multi-bank Premium API aggregator that homogenizes disparate corporate bank API standards into a single, unified, secure, and easy-to-integrate format. The platform enables treasury, finance and payments platforms to synchronously view balances, transaction details, and initiate payments across banking relationships, addressing the fact that the average multinational maintains more than 20 banking relationships. Necto positions itself to transform cash management decisions by delivering real-time liquidity management and improving treasury efficiency and safety. The company was founded in 2023 and leverages the technology of FinLync while being led by CEO Guido Schulz, who joined around the time of the financing. Necto says it will use the announced investment to continue building out its catalogue of integrated Premium Bank APIs and expand its roster of bank integrations. The company highlights partnerships with treasury management system providers like Diapason and aims to serve corporates, banks, treasury tech providers, ERPs and PSPs as the rails for modern global treasury operations.

Total raised

$8M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2023