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Fintech Embat has raised €30 million in Series B funding led by Cathay Innovation to expand in the UK and Ireland and enhance its treasury automation platform.
Embat has raised €30 million in Series B funding led by Cathay Innovation, increasing its total funding to over €50 million. The company aims to accelerate expansion and invest in its treasury automation platform for mid-market companies. Founded by former J.P. Morgan executives, Embat offers a treasury management solution that streamlines financial operations
Company Information
Company
Embat
Location
Madrid, Community Of Madrid, Spain
About
Embat has a state-of-the-art product and a top-notch team, and therefore we believe they are very well positioned to become the leaders in their sector,” says José del Barrio, Founding Partner of Samaipata.