Skip to main content
Contact
Platform Logins

RBI signs partnership agreement with Finlync

To provide real-time Cash Management Services via corporate bank Apis

  • Raiffeisen Bank International has signed a partnership agreement with treasury fintech FinLync to provide cash management services via corporate bank APIs
  • Long lasting collaboration to provide Raiffeisen Bank International’s offering to corporate customers in Austria and CEE
  • By Group Communications
  • Press Releases

Raiffeisen Bank International (RBI), a leading corporate and investment bank in Austria and CEE, joined forces with FinLync, a privately-held, global fintech company to enable corporate treasury and finance teams to rapidly and easily connect to RBI’s commercial bank API offerings in the field of cash management.

FinLync transforms corporate finance and treasury offices by aggregating global banking APIs to deliver embedded real-time payments and cash management. Through FinLync’s uniquely advanced products, RBI’s state-of the-art commercial bank APIs and offerings will be made available with an easy plug-and-play approach to existing and new corporate clients.

Susanne Prager, Executive Director and Head of Cash Management at RBI, commented, “With FinLync, we have found the optimal partner especially when it comes to serving our international customers, that are using SAP for their treasury operations. From now on, they can consume RBI’s best-in-class cash management services directly in the environment they appreciate – and all that in real-time, which we consider as the new standard.”

Toby Michelmore, Global Head of Partnerships at FinLync, said, “In a world that demands immediacy, today’s corporate treasurers are under pressure to do more with fewer resources. Treasury teams are turning to forward-thinking financial institutions like RBI and FinLync’s leading technology, to provide greater speed, automation and security for bank data movement. We are proud to partner with RBI, recently recognized as a Category Winner for excellence in Transaction APIs and Payment Status APIs in the 2022 FinLync Bank API Power Rankings report, to enable their clients to more easily access their suite of corporate bank APIs.”


                                                                                                          * * * * *

About RBI:
RBI regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 12 markets of the region are covered by subsidiary banks. Additionally, the RBI Group comprises numerous other financial service providers, for instance in leasing, asset management or M&A.Around 44,000 employees service 17 million customers through approx. 1,700 business outlets, the by far largest part thereof in CEE. RBI's shares are listed on the Vienna Stock Exchange. The Austrian regional Raiffeisen banks own around 58.8 per cent of the shares, the remainder is in free float. Within the Austrian Raiffeisen Banking Group, RBI is the central institute of the regional Raiffeisen banks and other affiliated credit institutions.

About FinLync:
FinLync is a privately held, global fintech company transforming corporate finance and treasury offices by aggregating global banking APIs to deliver embedded real-time payments and cash management. FinLync’s ERP native apps and API connectivity empowers treasurers to optimize cash, make better, faster decisions, save time and reduce the resources needed to manage complex finance needs. FinLync’s largest clients include Fortune 500 and Fortune 2000 companies. The firm has employees from 18 different countries and offices in New York, Los Angeles and Singapore. For more information, visit https://www.finlync.com.