Embat Raises €30 Million Series B to Expand AI-Powered Treasury…

Team S · 2026-05-18T15:21:45.000Z

Madrid-based fintech startup Embat has secured €30 million in Series B funding to accelerate the international expansion of its AI-driven treasury management platform. The round was led by Cathay Innovation, with participation from existing investors Creandum, Samaipata, 4Founders, and Venture Friends. Founded by Antonio Berga, Carlos Serrano, and Tomás Gil, Embat provides AI-native treasury and financial automation software for mid-to-large enterprises. Its platform enables finance teams to centralize cash management, automate reconciliations, optimize liquidity, and manage payments in real time through integrations with more than 15,000 banks and major ERP systems. The company’s proprietary AI treasury analyst, TellMe, leverages generative and agentic AI to automate treasury workflows, forecasting, and financial visibility for CFOs and finance departments. Embat stated that the new capital will support international growth, workforce expansion, and further investment in AI-powered treasury infrastructure. Since launching operations in the UK and Ireland last year, Embat has rapidly expanded its European footprint with offices across Madrid, London, Berlin, and Munich while serving more than 400 corporate customers. The company says its platform can automate up to 80% of manual treasury tasks for enterprise finance teams. The funding reflects growing investor interest in AI-powered financial operations infrastructure as enterprises increasingly modernize treasury, reconciliation, and liquidity management systems using automation and real-time data intelligence.

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Embat Raises €30 Million Series B to Expand AI-Powered Treasury… | Newnex