Embat raises $16m to fund real-time treasury push for growth

Spanish newcomer Embat has completed a $16 million Series A funding round as it prepares to grow its reach in the crowded treasury technology market.

The firm, which bills itself as, 'A platform for complete liquidity visibility' , majors on the use of APIs to bring connect multiple data sources and deliver 'real time treasury' to mid-market firms. Existing clients include Cabify, Freepik and Playtomic. 

This latest round was led by Creandum funds' with participation from Samaipata, 4Founders Capital and VentureFriends.

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