GTreasury

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.

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

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

• Treasury management software
• Cash visibility solutions
• FX risk management
• Intercompany netting
• Bank connectivity APIs

Headquarters

HQ city

Buffalo Grove

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core 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

Named customers36 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability10 records

Feature8 records

Partnerships

Six partnerships are on record, tiered flagship, core and minor.

• SWIFTflagshipTechnology or Integration · 1 May 2026Ripple 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. MorganflagshipStrategic or Co-development PartnerNamed 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 ManagementcoreStrategic or Co-development PartnerNamed 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.
• FidescoreTechnology or IntegrationNamed 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.
• NDepthcoreTechnology or IntegrationNamed 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.
• ConveraminorChannel Partner/ Reseller/ DistributorFeatured 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

Direct 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

• LinkedInlinkedin.com/company/gtreasury
• Xx.com/GTreasury
• Facebookfacebook.com/GTreasury

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GTreasury