Nilus provides an AI-powered cash management platform designed to give fast-growing companies real-time visibility into cash flow, AI-driven forecasting, and automated reconciliation. The product is positioned to help finance leaders optimize liquidity, manage working capital, and plan for growth. The company highlights customers including Alloy, Taboola, Made In Cookware, and Planned Parenthood. Nilus was founded by Daniel Kalish (ex-PayPal) and Daniel Shaul (ex-Fundbox). The company said it will use the new capital to accelerate development of its platform and to enhance AI-driven forecasting and streamline cash management for finance teams. The latest financing brought the companys total capital raised to $18.6M. Nilus offers a no-code, plug-and-play payments operations platform that automates reconciliation, reporting and payment workflows for finance teams. The product uses pre-built data connectors and algorithms to clean and analyze messy payment data across processors, banks and ERPs, giving finance teams a real-time view of cash, risk mitigation and audit readiness. Founders Daniel Kalish and Danielle Shaul built the company after experiencing the problem in prior roles at PayPal and Fundbox; Nilus was founded last year. Target customers include fintechs, financial-services firms, marketplaces and vertical SaaS companies with embedded payments. Nilus says it is working with customers processing hundreds of millions of dollars and currently has 18 employees. The company’s go-to-market team is based in New York while the technical team operates out of Tel Aviv.

Total raised

$19M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2025