ECompany · Fintech
Embat
Embat is a Madrid-based fintech building an AI-powered treasury management platform that gives CFOs and finance teams real-time visibility and control over cash, bank connectivity, payments, and forecasting. Founded in 2021, it serves mid-market and large enterprises across Spain, the UK, and Germany, and has processed millions of bank transactions worth billions of dollars. It has raised over €50M total, most recently a €30M Series B led by Cathay Innovation, and acquired banking-connectivity startup Necto in 2025.
Founded
2021
Founders
3
News
12
Rounds
4
Investors
5
SectorsFintech, Treasury Management, SaaS, AI
Start-up MapFintech › Finance operations software
Profile updated 22 Jul 2026
Founders
A
Antonio Berga
Co-CEO & Co-Founder
C
Carlos Serrano García-Lisón
Co-CEO & Co-Founder
T
Tomás Gil Etreros
CTO & Co-Founder
Global models 5
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Longstanding global leader in cloud treasury and cash management software, the most direct pure-play competitor to Embat's core product.
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MModern Treasury
United States · www.moderntreasury.com ↗
Payment operations and treasury infrastructure software for finance teams, closely matching Embat's bank connectivity and payments focus.
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