GTreasury
GTreasury provides a modular cloud-based Treasury Management System (TMS) connecting 13,000+ banks and major ERPs, serving 1,000+ enterprise CFOs and treasury teams across 160 countries with cash visibility, forecasting, payments, netting, and FX/IR risk management. Now operates as "Ripple Treasury, Powered by GTreasury" following Ripple's $1 billion acquisition in late 2025.
- Company typePrivate
- Founded1996
- HeadquartersBuffalo Grove, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What GTreasury does
GTreasury, founded circa 1986-1996 and headquartered in the Chicago suburbs (Buffalo Grove, IL), provides a modular, cloud-based Treasury Management System (TMS) for enterprise CFOs and corporate treasury teams. Its platform unifies cash visibility, cash flow forecasting, intercompany netting, payments, FX and interest rate risk management, hedge accounting, reconciliation, and regulatory reporting into a single SaaS system that connects to over 13,000 banks across 200+ countries via its ClearConnect Connectivity-as-a-Service layer, supporting native ERP integrations (Workday, NetSuite, Oracle Cloud, SAP, Infor, Microsoft Dynamics 365). The platform serves 1,000+ corporate customers across 160 countries, including Fortune 500 names such as American Airlines, Volvo, Woolworths, and Goodyear, and processed $13 trillion in payment volume in 2025.
Underlying the TMS is the GSmart AI suite (GSmart Ledger, Risk Insights, Connectivity, and Forecast Insights), purpose-built for treasury workflows, plus acquired capabilities from CashAnalytics (forecasting, $100B+ daily cash flow managed) and Solvexia (no-code reconciliation and regulatory reporting). Since being acquired by Ripple for $1 billion in late 2025, GTreasury operates as "Ripple Treasury, Powered by GTreasury," extending the platform with native digital asset accounts (XRP, RLUSD) and tokenized money market fund connectivity (e.g., BlackRock's BUIDL), backed by Ripple's 75+ jurisdiction regulatory footprint and SWIFT Certified Partner status.
GTreasury monetizes through quote-based modular SaaS subscriptions (no public pricing), implementation and managed services, and add-on modules for connectivity, AI, and digital assets. Go-to-market is enterprise field sales with regional coverage in North America, EMEA (London), and APAC (Sydney), increasingly complemented by a partner ecosystem (SWIFT, J.P. Morgan, Goldman Sachs Asset Management, Fides, NDepth) and content-led demand generation.
GTreasury firmographics
Firmographics- Name
- GTreasury
- Legal name
- GTreasury
- Website
- https://gtreasury.com
- Company type
- Private
- Founded year
- 1996
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- GTreasury provides a modular cloud-based Treasury Management System (TMS) connecting 13,000+ banks and major ERPs, serving 1,000+ enterprise CFOs and treasury teams across 160 countries with cash visibility, forecasting, payments, netting, and FX/IR risk management. Now operates as "Ripple Treasury, Powered by GTreasury" following Ripple's $1 billion acquisition in late 2025.
- Ownership category
- akta.pro rank
GTreasury industry classification
Industry- Product category
- Enterprise Treasury Management Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration) (FSAGAAAG)
- akta.pro secondary industries
- Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration) (FSABAIAE), Treasury, Cash Management & Liquidity (SME) (FSAGAJAG), Embedded FX & Cross-Border Treasury (FSAGALAG), Invoicing, Billing & Accounts Receivable Automation (FSAGAJAC)
Keywords
Where GTreasury is headquartered
LocationHeadquarters
- HQ city
- Buffalo Grove
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
GTreasury business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription (TMS): Recurring SaaS subscription revenue from licensing the Treasury Management System (TMS) platform, with modular pricing that lets customers select only the capabilities they need. Anchored by an installed base of 1,000+ customers across 160 countries, with land-and-expand across cash visibility, forecasting, netting, payments, risk, and digital asset modules.
- Implementation & Managed Services: Professional services revenue from implementation and managed services, supporting customer onboarding (90-day implementation guarantee), ongoing configuration, and day-to-day treasury execution support for clients that prefer outsourced operations.
- Add-on Modules & Cross-Sell: Revenue from incremental product modules including CashAnalytics forecasting, Solvexia reconciliation/regulatory reporting automation, GSmart AI capabilities (Ledger, Risk Insights, Connectivity), and the newly integrated digital asset accounts and stablecoin settlement rails. Sold as modular upsells into the core TMS subscription.
- Connectivity-as-a-Service (ClearConnect): Recurring revenue from ClearConnect, the connectivity layer integrating 13,000+ banks and 200+ countries, monetized as part of the platform with rapid integration (any bank in 7 days) and AI-driven configuration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Quote-based modular SaaS licensing — contact sales for pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels9 records
GTreasury product offering
Product offeringCore offering
GTreasury sells a modular, cloud-based Treasury Management System (TMS) for enterprise CFOs and corporate treasury teams, delivering cash visibility across 13,000+ banks, cash flow forecasting, intercompany netting, FX and interest rate risk management, payments, hedge accounting, and reconciliation. Following Ripple's acquisition, the platform now also offers native digital asset accounts supporting XRP and RLUSD stablecoins, AI-driven automation through GSmart AI, and no-code reconciliation via Solvexia.
Product overview
Ripple Treasury (powered by GTreasury) is a single, modular treasury management platform built on a unified TMS architecture that combines the core Treasury Management System, ClearConnect connectivity, GSmart AI capabilities, and Digital Assets. The platform is organized around solution modules that operate on top of the TMS: Liquidity Management and Cash Flow Forecasting deliver total cash visibility and real-time forecasting; Netting, Payments, and In-House Banking centralize transaction processing; Risk Management covers FX, interest rate, hedge accounting, and exposure management; Digital Assets extends the platform into Ripple-native wallets and stablecoin settlement; and the GSmart AI suite (GSmart Ledger, GSmart Risk Insights, GSmart Connectivity, GSmart Forecast Insights) adds AI-driven automation across these modules. Acquired products CashAnalytics and Solvexia have been folded into the forecasting and reconciliation capabilities respectively. The platform is delivered as SaaS, connected to 13,000+ banks and major ERP systems via ClearConnect APIs, and integrates with Ripple's blockchain, RLUSD stablecoin, and SWIFT rails.
Differentiator
Problem solved
Functional benefit
Brands
- GSmart AI: AI-powered treasury AI platform with embedded modules including GSmart Forecast Insights, GSmart Ledger, GSmart Risk Insights, and GSmart Connectivity
- ClearConnect
Products and services
- Ripple Treasury (powered by GTreasury) The unified treasury management platform integrating GTreasury's enterprise TMS with Ripple's blockchain and stablecoin settlement infrastructure, enabling CFOs to manage fiat and digital liquidity in a single system across 13,000+ connected banks and $12.5 trillion in annual payments volume.
- Treasury Management System (TMS)
Quantifiable outcome
- 90 days to full cash visibility and cash forecasting
- +8 more outcomes
Companies that use GTreasury
Customer profileNamed customers36 records
Segments6 records
Ideal customer profiles3 records
GTreasury technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability10 records
Feature8 records
GTreasury partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship, core and minor.
- SWIFTflagshipRipple Treasury (formerly GTreasury) is a Certified Partner on SWIFT's Business Solutions Providers Directory. The certification confirms the platform meets SWIFT's technical and operational standards including ISO 20022 compliance, and supports messaging, APIs, SFTP, and EBICS channels via SWIFT tools like Alliance Lite2. The certification is a core pillar of Ripple Treasury's strategic partner ecosystem designed to extend banking connectivity across 11,500+ SWIFT-compliant banks globally.
- J.P. MorganflagshipNamed one of five key partners strengthening Ripple Treasury's ecosystem, specifically contributing to liquidity investing capabilities. As a major custody, FX, and liquidity provider for corporate treasury clients, J.P. Morgan extends Ripple Treasury's ability to serve enterprise finance teams managing payments, investments, and treasury analytics across traditional and digital financial systems.
- Goldman Sachs Asset ManagementcoreNamed one of five key partners in the Ripple Treasury ecosystem, contributing to cash visibility and liquidity investing capabilities. The partnership enables enterprise clients to manage short-term cash and investments as part of the unified Ripple Treasury platform.
- FidescoreNamed one of five key partners in the Ripple Treasury ecosystem focused on cash visibility. Fides extends multi-bank connectivity and reporting capabilities for Ripple Treasury enterprise clients.
- NDepthcoreNamed one of five key partners in the Ripple Treasury ecosystem focused on cost control. NDepth contributes cost visibility and management capabilities that complement Ripple Treasury's payments and analytics stack.
- ConveraminorFeatured as a Ripple Treasury product information partner focused on global payments. Convera and Ripple Treasury jointly manage global payments efficiently for corporate clients through their integration.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
GTreasury competitors and assessment
Company assessmentDirect peers
- Kyriba: Kyriba is the closest direct competitor to GTreasury, offering a cloud-based treasury management system with cash visibility, forecasting, payments, FX risk, and bank connectivity for enterprise CFOs and treasurers globally.
- TIS (Treasury Intelligence Solutions): TIS is a Germany-headquartered cloud TMS provider serving corporate treasuries with cash management, payments, FX risk, and bank connectivity — competing head-to-head with GTreasury in the EMEA enterprise segment.
- Bottomline Technologies: Bottomline provides corporate treasury, payments, and cash management solutions including bank connectivity and FX risk, competing with GTreasury for enterprise treasury teams in North America and EMEA.
Broad incumbents
- FIS Treasury and Risk Manager: FIS offers a long-standing on-premise and cloud treasury and risk management suite as part of its broader financial software portfolio, competing with GTreasury especially among large incumbent banks and corporates.
- SAP Treasury and Risk Management: SAP embeds treasury, cash management, and FX/IR risk inside its S/4HANA finance suite, competing with GTreasury for large enterprises that prefer a single-vendor ERP-plus-treasury stack.
- Oracle NetSuite / Oracle Treasury: Oracle provides treasury and cash management as part of its NetSuite and E-Business Suite finance suites, serving as a broad incumbent alternative to GTreasury for enterprises already running Oracle ERP.
- Bloomberg AIM: Bloomberg AIM is a buy-side order and investment management system with cash and treasury workflow components; it competes with GTreasury for asset managers and large corporates that need treasury and FX functionality tightly coupled with market data.
Emerging players
- HighRadius: HighRadius is an AI-native order-to-cash and treasury platform focused on receivables, cash forecasting, and bank reconciliation — overlapping with GTreasury's CashAnalytics forecasting and Solvexia reconciliation capabilities.
- Emagia: Emagia provides AI-driven finance and treasury automation for receivables, cash application, and working capital — an emerging player with overlapping capabilities to GTreasury's AI-augmented cash flow forecasting and reconciliation modules.
Others
- ION Group (Fynapse / Wallstreet Suite): ION Group owns treasury and capital markets software assets (e.g., Wallstreet Suite, Fynapse) targeting corporate treasuries and financial institutions, serving as a broad incumbent competitor to GTreasury's treasury and risk modules.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
GTreasury social profiles
Digital presenceGTreasury compliance and trust
Trust signalCompliance3 records
GTreasury financial estimates
Financial estimateRevenue estimate
Valuation estimate
GTreasury leadership team
Management profileNumber of profiles
Profiles8 records
GTreasury subsidiaries and ownership
Company hierarchySubsidiaries2 records
GTreasury funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GTreasury M&A and investment
M&A and investmentM&A5 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GTreasury
What does GTreasury do?
GTreasury sells a modular, cloud-based Treasury Management System (TMS) for enterprise CFOs and corporate treasury teams, delivering cash visibility across 13,000+ banks, cash flow forecasting, intercompany netting, FX and interest rate risk management, payments, hedge accounting, and reconciliation. Following Ripple's acquisition, the platform now also offers native digital asset accounts supporting XRP and RLUSD stablecoins, AI-driven automation through GSmart AI, and no-code reconciliation via Solvexia.
Is GTreasury a public or private company?
GTreasury is a private company. It is classified as corporate owned and is currently acquired.
When was GTreasury founded?
GTreasury was founded in 1996. It employs 251 to 500 people.
Where is GTreasury based?
GTreasury is headquartered in Buffalo Grove, United States, in the North America region.
How does GTreasury make money?
Four revenue lines are on record. SaaS Subscription (TMS) is the primary driver. The others are implementation & Managed Services, add-on Modules & Cross-Sell and connectivity-as-a-Service (ClearConnect).
Who are GTreasury's main competitors?
Direct peers on record are Kyriba, TIS (Treasury Intelligence Solutions) and Bottomline Technologies. Broad incumbents are FIS Treasury and Risk Manager, SAP Treasury and Risk Management, Oracle NetSuite / Oracle Treasury and Bloomberg AIM. Emerging players are HighRadius and Emagia. ION Group (Fynapse / Wallstreet Suite) is listed as an others.
Does GTreasury have an API?
Yes. Ripple Treasury ClearConnect is a Connectivity-as-a-Service API suite that connects to banks, ERPs, and third-party platforms. Bank APIs offer real-time account balance updates and secure payment initiation; ERP integrations are delivered via API. GSmart Connectivity adds an AI-driven conversational interface for fast integration setup with no IT or technical expertise required. Real-time data mapping, instant validation, and collaborative configuration are supported.
What industry is GTreasury in?
GTreasury's product category is Enterprise Treasury Management Software. Its primary akta.pro industry code is FSAGAAAG, Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration), with a secondary code of FSABAIAE, Treasury & Risk Management Solutions (FX/MM, hedging, TMS integration). Its NAICS code is 522320 and its SIC code is 7371.