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Dragons Talk
Treasury Technology News

TIS buys Cashforce

16/6/2022

 
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Treasury Intelligence Solutions (TIS) has acquired cash forecasting specialist Cashforce for an undisclosed sum. The news comes just days after TIS announced €50m in new funding from Kreos Capital. 

The two companies had already been close collaborators with several clients using both solutions. Now Cashforce's cloud solution will be fully integrated with TIS's SaaS payments platform. 

Erik Masing, Group CEO of TIS, described the acquisition as ‘A natural extension of our business that will allow TIS to further integrate Cashforce's solution with our platform in order to offer advanced forecasting and data management capabilities to all our clients.’

The move represents further consolidation in a treasury systems market that has already seen Nomentia acquire TIPCO, Coupa acquire Bellin and Bottomline take over TreasuryXpress.



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  • Home
  • Events
    • ROUND TABLES >
      • Round Table: Payments and Cash Visibility
    • MASTERCLASSES >
      • MATERCLASS: PAYMENT STRATEGIES
      • MASTERCLASS: Coping with rising payment volumes
      • MASTERCLASS: Protecting corporate payments
      • MASTERCLASS: FX RISK Management
      • MASTERCLASS: Fraud Prevention
      • MASTERCLASS: PAYMENTS
      • MASTERCLASS: Cash Forecasting
    • DEMO SESSIONS >
      • Bank Connectivity and Format Conversion
      • Fraud Prevention
      • Corporate Payments
      • Cash Forecasting
      • Bank Account Management
      • Cash Visibility
      • Corporate Payments
      • FX Risk Management
      • Cash Forecasting
  • Solution Providers
    • Accesspay
    • Agicap
    • AtlasFX
    • Bottomline
    • Cobase
    • COUPA
    • Embat
    • Fides
    • FinanceKey
    • FIS
    • GTreasury
    • HedgeFlows
    • HedgeGo
    • ION Treasury
    • Kantox
    • Kyriba
    • MillTechFX
    • nsKnox
    • Panax
    • PALM
    • Payable
    • TIS
    • TreasurySpring
    • Trovata
    • Trustmi
    • TRUSTPAIR
    • Present your Solution
  • Resources
    • PAYMENTS FRAUD REPORT 2025
    • Treasury Technology Guide 2025
    • Guide to Cash Forecasting
    • Guide to Corporate Payments
  • News