Goldman Sachs Collaborates with Trendy Treasury

by Jeremy

In an official announcement just lately, Trendy Treasury, a outstanding software program platform that helps firms within the modernization of cash motion, confirmed that it has developed a partnership with Goldman Sachs Transaction Banking to speed up the shift to embedded funds.

Trendy Treasury additionally highlighted the rising recognition of embedded funds and famous that nearly 70% of recent purchasers within the worldwide cost ecosystem come from software program channels. The corporate additionally talked about the rising want for technology-driven options within the banking sector.

“Trendy cash motion is software program pushed. Goldman Sachs understands software program builders and has constructed award-winning APIs for this viewers,” mentioned Dimitri Dadiomov, Trendy Treasury’s co-founder and CEO. “Trendy Treasury fills the cost operations gaps to supply our joint purchasers with a best-in-class software program resolution for cash motion, so that they don’t must construct it themselves. We sit up for serving to extra prospects get services and products to market quicker, driving development.”

The main points shared by Trendy Treasury present that each firms have collectively served purchasers since late 2021.

Fee Know-how

The demand for software-driven cost options has jumped considerably in the previous few years. In July 2022, Stability, a B2B funds platform, secured $56 million in its Collection B funding spherical led by Forerunner Ventures to broaden its cost choices.

“We’re delighted to work with Goldman Sachs and Trendy Treasury to raised serve our buyers and enterprise companions,” says Nigel Glenday, Chief Monetary Officer at Masterworks, the main artwork funding platform. “With the assistance of each firms, our cost operations now assist well timed reconciliation of investor funds, no matter cost strategies, and an built-in workflow to establish and resolve cost exceptions as they come up, all of which contributed to receiving our recognition as a recipient of this 12 months’s famous Adam Smith Award.”

Earlier this 12 months, MoneyGram introduced a collaboration with Mobily Pay.

In an official announcement just lately, Trendy Treasury, a outstanding software program platform that helps firms within the modernization of cash motion, confirmed that it has developed a partnership with Goldman Sachs Transaction Banking to speed up the shift to embedded funds.

Trendy Treasury additionally highlighted the rising recognition of embedded funds and famous that nearly 70% of recent purchasers within the worldwide cost ecosystem come from software program channels. The corporate additionally talked about the rising want for technology-driven options within the banking sector.

“Trendy cash motion is software program pushed. Goldman Sachs understands software program builders and has constructed award-winning APIs for this viewers,” mentioned Dimitri Dadiomov, Trendy Treasury’s co-founder and CEO. “Trendy Treasury fills the cost operations gaps to supply our joint purchasers with a best-in-class software program resolution for cash motion, so that they don’t must construct it themselves. We sit up for serving to extra prospects get services and products to market quicker, driving development.”

The main points shared by Trendy Treasury present that each firms have collectively served purchasers since late 2021.

Fee Know-how

The demand for software-driven cost options has jumped considerably in the previous few years. In July 2022, Stability, a B2B funds platform, secured $56 million in its Collection B funding spherical led by Forerunner Ventures to broaden its cost choices.

“We’re delighted to work with Goldman Sachs and Trendy Treasury to raised serve our buyers and enterprise companions,” says Nigel Glenday, Chief Monetary Officer at Masterworks, the main artwork funding platform. “With the assistance of each firms, our cost operations now assist well timed reconciliation of investor funds, no matter cost strategies, and an built-in workflow to establish and resolve cost exceptions as they come up, all of which contributed to receiving our recognition as a recipient of this 12 months’s famous Adam Smith Award.”

Earlier this 12 months, MoneyGram introduced a collaboration with Mobily Pay.

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