Necto
Necto is a fintech company that provides a multi-bank Premium API aggregator platform, normalizing heterogeneous corporate banking APIs into a single endpoint for multinational corporate treasuries, TMS providers, ERPs, and banks to enable real-time cash management and payments.
- Company typePrivate
- Founded2023
- HeadquartersWilmington, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Necto does
Necto (legally Lync HoldCo Inc., headquartered in Wilmington, Delaware, with operational offices in New York and Singapore) is a fintech company that operates a multi-bank Premium API aggregator platform for corporate treasury connectivity. Founded in 2023 and commercially launched in December 2023, the platform ingests heterogeneous corporate banking APIs — including balances, transactions, payment initiation, payment status, account management, account fees, virtual accounts, invoice financing, and trade finance — and normalizes them into a single unified endpoint. The technology, derived from FinLync, is distinguished from consumer-focused aggregators by its handling of wholesale banking complexities such as invoice numbers, multi-language data structures, and trade finance constructs. Pre-built features include automatic data normalization, end-to-end encryption with X509 certificate support for JSON web tokens, and plug-and-play integration with ERPs, TMS platforms, data lakes, and payroll systems.
Necto's business model centers on subscription or usage-based pricing for API access, though pricing is not publicly disclosed and enterprise customers engage via quote-based sales. The go-to-market combines direct enterprise sales targeting corporate treasuries and finance departments with channel partnerships, notably a March 2024 alliance with Diapason that embeds Necto's APIs into a treasury management system serving 10,000+ financial professionals. Additional customer segments include treasury technology providers, ERP vendors, payment service providers (PSPs), and banks seeking to drive adoption of their own corporate banking APIs through a multi-bank aggregator. The company raised an $8 million seed round in December 2023 from Nyca Partners (lead), Point72 Ventures (co-lead), Vine Ventures, Avenir Growth, Communitas Capital, Edison Partners, and AFG Partners, and is led by CEO Guido Schulz, formerly CEO of Bento for Business and CCO of MerchantLink.
Necto firmographics
Firmographics- Name
- Necto
- Legal name
- Lync HoldCo Inc d/b/a Necto
- Website
- https://necto-api.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Necto is a fintech company that provides a multi-bank Premium API aggregator platform, normalizing heterogeneous corporate banking APIs into a single endpoint for multinational corporate treasuries, TMS providers, ERPs, and banks to enable real-time cash management and payments.
- Ownership category
- akta.pro rank
Necto industry classification
Industry- Product category
- Banking API Aggregation / Financial Infrastructure Software
- NAICS
- Depository Credit Intermediation (5221), Commercial Banking (52211)
- SIC
- Finance Services (6199), Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Bank Connectivity & Channels (Host-to-host, SWIFT, APIs, EB portals) (FSABAIAF)
- akta.pro secondary industry
- Open Banking APIs & Connectivity (FSAMAFAA)
Keywords
Where Necto is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Necto business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- API Aggregation Services: Necto provides a multi-bank API aggregator platform enabling real-time connectivity to banks. The platform is offered to corporates, banks, treasury technology providers, ERPs and PSPs. Revenue appears to be generated through subscription or usage-based pricing for API access and connectivity services.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Necto product offering
Product offeringCore offering
Necto provides a multi-bank Premium API aggregator platform that ingests and normalizes varied corporate banking API standards (balances, transactions, payment initiation, payment status, account management, virtual accounts, invoice financing, trade finance) into a single, unified, secure endpoint. It enables corporate treasury teams, banks, treasury technology providers, ERPs, and PSPs to connect to all banking relationships in real time, replacing legacy host-to-host and file-based connectivity.
Product overview
Necto offers a single unified product: its Multi-Bank Premium API Aggregator Platform. This platform serves as a central connectivity layer that aggregates various corporate banking APIs—including balances, transactions, payment initiation, payment status, account management, trade finance, and invoice financing—from multiple financial institutions into one standardized format. The platform provides a single endpoint that corporate treasury teams, banks, treasury technology providers, ERPs, and PSPs can integrate with, replacing legacy host-to-host connections with real-time API-driven bank connectivity. Key capabilities include automatic data normalization, end-to-end encryption security, and plug-and-play integration with existing corporate systems.
Differentiator
Problem solved
Functional benefit
Products and services
- Multi-Bank Premium API Aggregator Platform A unified API aggregation platform that normalizes and standardizes data from multiple corporate bank APIs (balances, transactions, payments, payment status, account management, virtual accounts, invoice financing, and trade finance) into a single endpoint, enabling real-time cash management, consolidated reporting, and payment initiation across all banking relationships. It is designed for corporate treasuries, banks, treasury technology providers, ERPs, and PSPs that need plug-and-play integration with existing ERP, TMS, data lake, and payroll systems, with pre-built advanced security protocols.
Quantifiable outcome
- 64% of respondents report system development as a barrier to real-time payments adoption - Necto APIs eliminate this barrier entirely
- +1 more outcomes
Companies that use Necto
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Necto technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability2 records
Feature3 records
Necto partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- DiapasoncoreStrategic alliance between Diapason (treasury and risk management software vendor) and Necto. Through this partnership, Diapason customers gain access to Necto's multi-bank API aggregation providing a single endpoint for real-time bank connectivity, bank account balances, and intraday payments. Necto's banking APIs are integrated into Diapason's cash management and payment processes, enabling treasurers to automate and accelerate treasury transactions and decision-making.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Necto competitors and assessment
Company assessmentDirect peers
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Necto social profiles
Digital presenceNecto compliance and trust
Trust signalCompliance3 records
Necto financial estimates
Financial estimateRevenue estimate
Valuation estimate
Necto leadership team
Management profileNumber of profiles
Profiles3 records
Necto funding detail
Funding detailFunding overview
Funding rounds2 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Necto M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Necto
What does Necto do?
Necto provides a multi-bank Premium API aggregator platform that ingests and normalizes varied corporate banking API standards (balances, transactions, payment initiation, payment status, account management, virtual accounts, invoice financing, trade finance) into a single, unified, secure endpoint. It enables corporate treasury teams, banks, treasury technology providers, ERPs, and PSPs to connect to all banking relationships in real time, replacing legacy host-to-host and file-based connectivity.
Is Necto a public or private company?
Necto is a private company. It is classified as venture growth investor backed and is currently operating.
When was Necto founded?
Necto was founded in 2023. It employs 11 to 50 people.
Where is Necto based?
Necto is headquartered in Wilmington, United States, in the North America region.
How does Necto make money?
One revenue line is on record: API Aggregation Services.
Who are Necto's main competitors?
Modern Treasury is listed as a direct peer.
Does Necto have an API?
Yes. Necto provides a multi-bank Premium API aggregator that enables real-time connectivity to multiple banks through a single endpoint. The API aggregates corporate banking APIs including balances, transactions, payment initiation, payment status, account management, account fees, virtual accounts, invoice financing, and trade finance into a unified, standardized format. Corporate treasury teams can programmatically access real-time bank data and initiate payments directly through the API, replacing legacy host-to-host connections and file-based messaging. The platform is designed with plug-and-play endpoints for easy integration with existing systems such as ERPs, TMS, data lakes, and payroll systems. Developer documentation is at necto-api.com.
What industry is Necto in?
Necto's product category is Banking API Aggregation / Financial Infrastructure Software. Its primary akta.pro industry code is FSABAIAF, Bank Connectivity & Channels (Host-to-host, SWIFT, APIs, EB portals), with a secondary code of FSAMAFAA, Open Banking APIs & Connectivity. Its NAICS code is 5221 and its SIC code is 6199.