Palm

What Palm does

Palm Technologies Limited is a UK-incorporated fintech founded in 2023 by Gurjit Pannu (former treasury at Uber and Levi's) and Christian Sobkowski (fintech background), operating as a remote-first company with approximately 20 employees distributed across Europe. The company sells an AI-powered treasury management platform that sits on top of customers' existing TMS and ERP systems, providing automated cash flow forecasting, liquidity positioning, smart reporting, and variance analysis. Its core technology combines ERP data, bank transactions, and 25+ proprietary AI models — including a contextual AI categorisation engine for transaction reconciliation and a conversational assistant called Pulse — and runs entirely on Google Cloud Platform with SOC 2 Type II certification and EU GDPR compliance.

The platform integrates with banks via APIs, host-to-host (MT940, BAI, Camt.053), EBICS, and SWIFT, supporting real-time balance and transaction data ingestion. Palm targets enterprise treasury teams at large public companies that have outgrown their existing tool stack, with named customers including athletic apparel company ON (which reportedly unlocked $350M in additional cash investments), hospitality firm Sonder, HR software provider Personio, and music platform Discogs. The product is delivered as an annual SaaS subscription billed in advance with automatic renewal; pricing is not publicly disclosed and all sales go through a consultative demo process, reflecting a field sales / enterprise GTM motion. Distribution leverages direct enterprise sales supplemented by content marketing, an active LinkedIn presence, and a proprietary Treasury Table dinner series alongside participation in major treasury industry conferences (ACT, AFP, EuroFinance, EACT, Treasury 360°).

Palm is venture-backed, having closed a $6.1M seed round in September 2024 co-led by Speedinvest and Target Global with Upfin participating, and received a subsequent investment from Amex Ventures announced in May 2026. The company plans to expand across Europe, the UK, and the US, and is positioning itself as the AI intelligence layer for treasury rather than a replacement for incumbent TMS vendors.

Name

Palm

Legal name

Palm Technologies Limited

Website

https://usepalm.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Palm is a UK-based fintech founded in 2023 that sells an AI-powered treasury management platform — combining 25+ proprietary models with ERP and bank data — to enterprise treasury teams for automated cash forecasting, liquidity positioning, and reporting.

Ownership category

akta.pro rank

Product category

AI Treasury Management Software

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Finance Services (6199)

akta.pro primary industry

Robo-Advice for Institutional/Treasury (OCIO-lite, Cash & Liquidity) (FSAGAEAJ)

akta.pro secondary industries

Corporate Cash Management & Treasury Services (FSAMAOAA), Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK)

Keywords

• Treasury management software
• AI cash forecasting
• Liquidity positioning
• Cash flow management
• Treasury automation

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription: Palm provides treasury management software as a subscription service. Payment is made in advance on a monthly basis or other regular intervals. Subscription Period is 12 months with automatic renewal unless terminated 30 days before end of current period.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core offering

Palm provides an AI-powered treasury management software platform that sits on top of customers' existing TMS and ERP systems to unify cash visibility, generate automated cash flow forecasts, and identify idle cash for investment. The platform combines ERP data, bank transactions, and 25+ proprietary AI models to deliver contextual transaction categorization, AI cash forecasting, liquidity positioning, smart reporting, and a conversational treasury assistant (Pulse). It is sold as a SaaS subscription to enterprise treasury teams.

Product overview

Palm is a treasury intelligence platform that provides AI-powered cash flow forecasting and cash management solutions for enterprise treasury teams. The platform operates as a unified layer that sits on top of existing TMS and ERP systems, offering three core modules: AI Cash Forecasting (which combines ERP data, bank transactions, and 25+ AI models to automatically generate cash forecasts with variance reduction), Liquidity Positioning (for viewing cash across entities, currencies, and regions), and Smart Reporting (for custom dashboard building and automated report generation). The platform also includes Pulse, an AI treasury assistant with chat functionality. Palm is designed to integrate with existing treasury infrastructure while adding AI-driven automation, contextual categorization, and variance analysis capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Pulse: Treasury vital signs dashboard providing real-time insights for treasury teams

Products and services

• AI Cash Forecasting Automated cash flow forecasting module that combines ERP data, bank transactions, and 25+ AI models to generate cash forecasts automatically. Shows exactly what is driving every number and cuts variance by over 60%. Designed for enterprise treasury teams.
• Liquidity Positioning Real-time cash positioning module that allows treasury teams to view cash by entity, currency, region, or pool. Detects accounts approaching thresholds, separates free from restricted cash, and identifies excess liquidity for investment or debt repayment from a single dashboard.
• Smart Reporting Custom reporting and dashboard module that allows treasury teams to build and manage their own dashboards without support tickets. Tailor reports for any audience, save as PDFs, and schedule automated emails with custom titles and descriptions.
• Pulse AI-powered treasury assistant with chat functionality that serves as a treasury vital signs dashboard, providing real-time insights and enabling treasury teams to query their cash position and forecasts through conversational AI.

Quantifiable outcome

• Reduce operational cash balances by 30%
• +5 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability5 records

Feature7 records

Partnerships

One partnership is on record.

• Google Cloud Platform (GCP)infrastructureTechnology or IntegrationPalm runs entirely on Google Cloud Platform - one of the most secure, audited cloud environments. Palm inherits GCP's physical protections and layers on strict security practices including encrypted backups and continuous monitoring.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Trovata: Trovata is an AI-powered cash flow forecasting and treasury analytics platform aimed at corporate treasury teams. It competes head-to-head with Palm in contextual transaction tagging, automated forecasting, and multi-bank visibility, and is the closest functional analogue.
• HighRadius: HighRadius offers an autonomous finance platform with AI-driven cash forecasting, bank reconciliation, and treasury workflows for mid-market and enterprise finance teams. It overlaps directly with Palm's automation and AI categorisation capabilities for treasury operations.
• TIS (Treasury Intelligence Solutions): TIS offers a SaaS platform for corporate payments, cash management, and treasury workflows across global enterprises. It overlaps with Palm's bank connectivity, cash positioning, and forecasting value proposition for multinational treasury teams.

Broad incumbents

• Kyriba: Kyriba is one of the largest cloud treasury management systems globally, offering cash management, payments, and risk modules to enterprise treasurers. It is the dominant incumbent whose 'AI-on-website' positioning Palm explicitly contrasts itself against.
• GTreasury: GTreasury provides a cloud treasury and risk management platform serving large corporates with cash visibility, forecasting, and bank connectivity. It competes with Palm for enterprise treasury budgets and is actively investing in AI-driven forecasting features.
• Planful: Planful is a cloud FP&A and financial planning platform used by enterprise finance teams for forecasting and scenario analysis. It is adjacent to Palm's forecasting and smart reporting modules and a potential broader FP&A competitor.
• Finastra: Finastra provides a broad suite of financial software including corporate treasury and cash management solutions sold to banks and large corporates. It represents a scaled incumbent Palm could partner with or compete against at large enterprises.
• Anaplan: Anaplan is an enterprise planning platform used for financial planning, forecasting, and scenario modeling, including treasury-adjacent use cases. It competes for FP&A and treasury forecasting budget and is investing in AI-driven planning capabilities.

Emerging players

• Agicap: Agicap provides AI-driven cash flow forecasting and cash management primarily to mid-market CFOs and finance teams in Europe. While more SMB-oriented than Palm's enterprise focus, it competes in the same AI cash forecasting category and is expanding upmarket.

Others

• Plaid: Plaid provides bank connectivity infrastructure and financial data APIs used by fintechs including treasury and cash management platforms. It is an enabling ecosystem participant that powers bank integrations similar to those Palm builds directly.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/usepalm

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds2 records

Investors5 records

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

M&A

Investments

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

Frequently asked questions about Palm