Finqware, an enterprise fintech startup specializing in open banking, today announced the availability of FinqTreasury on Microsoft AppSource, an online cloud marketplace providing tailored line-of-business solutions.

FinqTreasury is uniquely positioned as a preferred real-time cash management solution for medium to large businesses through its open banking corporate data hub. It already provides extensive bank coverage in Romania and Croatia, and by the end of 2022, it will cover the entire CEE region, providing both account information as well as payment initiation services.

“We are more than happy to see our soon-to-be-launched FinqTreasury platform already welcomed to be listed on Microsoft AppSource. We believe in the collaboration with Microsoft as an important pillar in our future development and we are looking forward to monetizing with mutual benefits on the synergies between the two companies,” said Cosmin Cosma, Cofounder, and CEO, Finqware.

In just one year after joining the Microsoft for Startups program, Finqware has earned its Co-sell Ready status, giving Finqware access to Microsoft sales teams and partners to help it reach a vast community of Microsoft-managed customers to collaborate on sales opportunities that accelerate business growth.

Toby Bowers, General Manager, Business Applications Group, Microsoft Corp, stated that “We’re happy to welcome FinqTreasury to Microsoft AppSource, which gives our partners great exposure to cloud customers around the globe. Microsoft AppSource offers partner solutions such as FinqTreasury from Finqware to help customers meet their needs faster.”

Headquartered in Bucharest, Finqware was established in 2018 by a team of fintech enthusiasts, each with strong banking or core IT infrastructure background.

Backed by institutional investors such as Elevator Ventures, Raiffeisen International venture capital arm, and Gapminder, Finqware works for the largest banks in Central and Eastern Europe such as Banca Transilvania, Alpha Bank, CEC Bank, and OTP, has a Seal of Excellence from the European Commission and is supported by Microsoft for Startups.

Finqware is renowned for being the first technology company to enable Open Banking in real-life production in Croatia and Romania.

Photo credit: Finqware