Necto Unveils Premium API Multi Bank Platform Delivering Real Time Cash Management and Payments to Clients Globally
Summary
Necto will use this investment to continue building out its roster of integrated Premium Bank APIs.‥ "Premium Banking APIs are transforming global payments and cash management operations, which have historically been supported through archaic financial messaging formats, such as file-based host to host connections" says Guido Schulz who joined the Company as CEO congruent to the financing earlier this year. "Necto is powering the next generation of treasury management applications and payment services providers with a global catalogue of APIs." "Ubiquitous real-time payments mean corporate treasurers need synchronized real-time information, and Necto is the essential software for modernizing financial connectivity," states Hans Morris, Managing Partner of Nyca Partners. The platform harnesses the power of next generation, API driven bank connectivity and harmonizes the data, enabling clients to have a holistic view of their real-time and future cash management positions as well as manage and initiate payments. Led by a team of proven fintech innovators, Nectos mission is to provide the rails for its partners and clients to transform how global treasury operates.