Finzly Launches Treasury Management Platform for Global Banking

FinTech Finzly has released an advanced version of its treasury management platform that enables banks to offer their business, commercial and corporate clients global transaction banking features.

The new Experience Hub can be added to existing digital banking platforms or offered as the primary digital banking tool, Finzly said Thursday (Nov. 17) in a press release.

“We are pleased that Finzly’s Experience Hub can help banks deliver world-class treasury experience tailored to the individual needs of their customers from a super app, enabling them to strive towards relationship excellence with their corporate customers,” Finzly Founder and CEO Booshan Rengachari said in the release.

The Experience Hub offers several business banking apps on a single platform, enabling small- to medium-sized business (SMB), commercial and corporate clients to manage all their accounts, payments, beneficiaries and operations, according to the release.

The platform also features management of users and privileges, domestic and international payments, bulk payments, fraud prevention and foreign exchange (FX) trading, the release stated

“Finzly knows how hard it is for a business with the limited banking functionalities offered in today’s online banking platforms,” Rengachari said in the release. “We ourselves as a business ended up using multiple FinTech solutions because of such limitations. That’s why Finzly has reimagined banking to better serve business customers.”

PYMNTS research has found that consumers, too, desire to use a super app to optimize their time.

Many use multiple devices to curate their lives but can be overwhelmed by the sheer volume of digital tasks they must handle daily. For the most tech-savvy or “super-connected” consumers, a super app that can streamline their activities and help them manage their digital lives is highly appealing, according to “Super Apps for the Super Connected,” a PYMNTS and PayPal collaboration.

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