Statement specializes in automating payment flows between businesses and their banks. The company’s platform provides businesses with a real-time view into their payment status and true cash position across all banks, accounts, entities, geographies, and currencies.
With direct bank API connectivity, Statement enables businesses to manage their money by streamlining, automating, and optimizing existing work while giving the entire organization a true, real-time financial overview.
By integrating banking data with other internal data sources such as ERPs, AP/AR providers, and more, Statement covers the complete lifecycle of company payments, including initiation, approval, processing, and accounting, in order to automate cash visibility and reconciliation.
Classification
Sector
Business SoftwareIT, R&D & Data SolutionsSoftware Development ToolsData Analysis & Decision SupportFintech & InsurtechMoney Transfer & Management
Core Technology
Platforms & InterfacesAPISoftware
Target Customer
Enterprise & Professional ServicesSMBs & SMEsEnterprisesFinancial ServicesFinancial Institutions
Business Model
B2BB2G
Tags
financial-servicesapidata-integrationautomation
Funding & Events
Oct 2023
Seed$12M
Glilot Capital Partners (Lead), Mensch Capital Partners, Citi Ventures, Titan Capital Partners, Operator Partners