Fennech Financial

What Fennech Financial does

Fennech Financial is a London-headquartered fintech founded in 2017 by Emmanuel de Rességuier that provides an API and cloud-native treasury infrastructure platform branded F³ (Fennech Financial Framework). The platform is delivered as a modular, API-native Platform-as-a-Service that hyper-automates corporate finance, treasury, and payments processes, with modules including Advanced Reconciliation Manager (ML-driven), Agency Payment Management, In-House Virtual Bank, Digital Cash Ledgers (virtual accounts), Liquidity Management, Digital Contracts, Smart Transactions, and the Hypercube data lake. The architecture is bank-agnostic and explicitly positioned as middleware between existing TMS, ERP, and banking systems rather than a rip-and-replace replacement.

The company serves three primary customer segments — large corporates with multi-bank treasury complexity, fintechs that need to embed treasury and payment capabilities into their products via APIs, and banks seeking to modernise corporate banking services without replacing core systems. Notable enterprise deployments include Brinks' Point Cash Services network in France (6,500+ retail outlets, €1B+ processed in year one, recognised by the French regulator as systemically important), Lloyds Banking Group (also a strategic investor), Paysafe, Zepz, and ATEL Treasury. Operations span five countries — UK, France, Netherlands (Fennech Europa BV), Singapore, and Canada — supported by ISO 27001 certification and GDPR compliance.

Fennech monetises through a combination of one-time enterprise setup fees (€150K–€300K), recurring platform subscriptions, and pay-as-you-go transaction-based fees, with additional professional services revenue. The go-to-market blends direct enterprise sales, an API-first self-serve motion for fintechs, and a channel partnership layer (NIIT Technologies, Coforge, SIA Partners, AccessPay, MITEC). Total disclosed funding is modest at approximately £2.3M from Lloyds Banking Group in June 2023, suggesting a capital-efficient growth model.

Name

Fennech Financial

Legal name

Fennech Financial Limited

Website

https://fennech.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Fennech Financial is a London-based fintech providing the F³ (Fennech Financial Framework), an API-native, cloud-based treasury and corporate banking Platform-as-a-Service that automates payments, reconciliation, virtual accounts, and liquidity management for corporates, fintechs, and banks globally.

Ownership category

akta.pro rank

Product category

Treasury Infrastructure / Corporate Banking Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Finance and Insurance (52)

SIC

Finance Services (6199)

akta.pro primary industry

Treasury, Cash Management & Liquidity Tools (Sweeps, Cash Concentration) (FSAGAAAG)

akta.pro secondary industries

Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK), Corporate Cash Management & Treasury ACH (FSAMAGAG), Corporate Cash Management & Treasury Services (FSAMAOAA)

Keywords

• Treasury infrastructure platform
• Corporate banking software
• Payment automation
• Liquidity management
• Cash reconciliation

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Platform-as-a-Service (PaaS) Licensing: Subscription-based licensing model with setup fees. The platform is configured and scaled per customer requirements with ongoing license fees for platform access.
2. Transaction-Based Fees: Pay-as-you-go pricing per transaction. CEO stated 'license and fees are usually charged as pay as you go, that is to say per transaction, which allows the client to immediately be aware of its productivity gains.'
3. Implementation and Consulting Services: Setup fees ranging from €150,000 to €300,000 plus optional consultancy to help companies review their processes. Includes assistance with onboarding and customisation.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Fennech Financial builds and sells the Fennech Financial Framework (F³), a cloud-native, API-first Platform-as-a-Service (PaaS) that hyper-automates corporate treasury, payments, cash management, reconciliation, and liquidity workflows. The platform is sold to large corporates, fintechs, and banks, with modular capabilities including virtual accounts, digital contracts, advanced reconciliation, liquidity forecasting, and agency payment management.

Product overview

Fennech Financial offers the Fennech Financial Framework (F³), a Next-Gen Corporate Banking Platform-as-a-Service (PaaS) that hyper-automates finance, treasury, and payments. The platform operates on a modular architecture with API-native design, allowing organisations to deploy as many or as few solutions as needed. Core platform modules include Advanced Reconciliation Manager (ARM) for automated transaction matching, Agency Payment Management for third-party flows, In-House Virtual Bank for internal banking operations, Digital Cash Ledgers (Virtual Accounts) for cash virtualisation, and Liquidity Management for real-time global liquidity control. Supporting infrastructure includes API Connect, Data Import and Sanitisation, Digital Contracts and Smart Transactions for automated contract execution, Credit and Settlement Rules for risk control, and the Fennech Hypercube for real-time data access. The platform serves three customer segments: corporates, fintechs, and banks.

Differentiator

Problem solved

Functional benefit

Brands

• F³ (Fennech Financial Framework): The core platform technology - a next-generation corporate banking Platform-as-a-Service that hyper-automates finance, treasury, and payments processes using AI and machine learning.
• Advanced Reconciliation Manager (ARM)
• Agency Payment Management
• In-House Virtual Bank
• Digital Cash Ledgers
• Liquidity Management

Products and services

• Fennech Financial Framework (F³) Next-Generation Corporate Banking Platform-as-a-Service (PaaS) that hyper-automates finance, treasury, and payments processes. The core platform unifies treasury, payments, and liquidity operations with API-native modular architecture, serving corporates, fintechs, and banks. Customers can deploy as many or as few modular solutions as needed without rip-and-replacing existing systems.
• Advanced Reconciliation Manager (ARM) Automates reconciliation of payments, transactions, and bank data across systems using machine learning to eliminate mismatches, surface exceptions, and accelerate close cycles. Capable of matching millions of transactions in minutes.
• Agency Payment Management Automates third-party payment flows and manages payables and receivables flowing between agency networks, affiliate companies, or internal group legal entities, with sophisticated net settlement capabilities and regulatory compliance features.
• In-House Virtual Bank Enables corporates and fintechs to run internal banking operations with bank-grade automation. Centralises treasury workflows, manages internal accounts, and controls payments across business units or clients.
• Digital Cash Ledgers (Virtual Accounts) Virtualises treasury by creating unlimited internal accounts aligned to business hierarchies. Manages balances by entity, unit, project, or cost centre without relying on physical bank accounts.
• Liquidity Management Provides real-time command of global liquidity with AI-powered forecasting, automated sweeps, pooling, and intercompany funding. Delivers real-time liquidity views across all entities and banks to reduce cost of funds and unlock working capital.

Quantifiable outcome

• Cost reduction of 5-7x compared to current finance processes
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Feature9 records

Partnerships

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

• NIIT Technologies LimitedcoreStrategic or Co-development PartnerGlobal partnership announced for joint go-to-market programs designed to accelerate digital transformation of clients' finance functions in Banking and Financial Services with AI & ML solutions built on Fennech's F3 platform. Collaboration on intelligent services integrated with NIIT Technologies' cognitive frameworks and process re-engineering capabilities.
• CoforgemajorStrategic or Co-development PartnerPartnership selected after investigating multiple fintechs. Combining digital capabilities of F³ platform with Coforge's existing competencies to create real added value for customers. Focus on digital transformation services.
• SIA PartnersmajorStrategic or Co-development PartnerSelected during APIficator startup scouting programme as pioneer of Consulting 4.0. Chosen for technological innovation in product roadmap, wide potential for implementation across industries, and excellent management team.
• AccessPaymajorTechnology or IntegrationPartnership combined Fennech's Next-Gen Banking technology with AccessPay's market leading bank integration platform to create seamless cash network experiences for the French market with minimal development effort.
• MITEC (Mitratech)minorStrategic or Co-development PartnerStrategic alliance providing clients options to find, risk assess, manage and decommission shadow IT applications across their lifecycle including EUCs, Models or Excel files.
• Brinks Payment Services (BPS)coreTechnology or IntegrationCore infrastructure partnership for Brinks' Point Cash Services network in France - a virtual cash network connecting 6500+ Tabacs. F3 platform connects multiple EPOS systems, BPS core systems, and Banks. Network processed €1 billion+ in first year. The French regulator recognises the Fennech F³ platform as a system of systemic importance.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Kyriba: Kyriba is a leading cloud treasury and finance platform offering cash management, liquidity, payments, and bank connectivity for global enterprises. Most direct competitor to Fennech in the corporate treasury space with comparable modular SaaS architecture.
• Trovata: Trovata provides an AI-powered treasury platform connecting to banks via APIs for cash visibility, forecasting, and payments. Direct competitor targeting corporates and fintechs with API-first approach similar to Fennech's modular philosophy.
• Treasury Intelligence Solutions (TIS): TIS offers a SaaS platform for global payments, cash visibility, and bank connectivity across enterprise banking ecosystems. Closely aligned with Fennech's focus on bank-agnostic connectivity and payment factory automation.
• Modern Treasury: Modern Treasury provides payment operations software for moving money via APIs with bank connectivity, reconciliation, and ledgering capabilities. Comparable API-first infrastructure serving fintechs and enterprises, overlapping with Fennech's reconciliation and payments modules.
• Nomentia: Nomentia provides cash management, treasury, and payment solutions for corporates with strong European presence. Direct competitor in European treasury and bank connectivity space with similar customer profile.
• Cashforce: Cashforce offers a next-generation cash flow forecasting and treasury analytics platform. Direct competitor in the cash visibility, forecasting, and working capital optimization segments of the corporate treasury market.
• AccessPay: AccessPay provides bank integration and payment automation connecting corporate ERPs and TMS to banks. Both partner and competitor - already integrated with Fennech but overlapping in bank connectivity and payment initiation.

Broad incumbents

• HighRadius: HighRadius is an AI-powered order-to-cash and treasury automation platform for large enterprises with significant scale in cash application, collections, and treasury operations. Broader incumbent with overlapping reconciliation and cash visibility capabilities.
• Solaris (Solaris SE): Solaris is a Banking-as-a-Service platform enabling fintechs and corporates to embed financial services. Broader incumbent in European embedded finance with overlapping virtual accounts, payments, and treasury infrastructure capabilities.

Emerging players

• Currencycloud: Currencycloud (now part of Visa) provides cross-border payments infrastructure and FX services for fintechs and corporates. Adjacent player offering multi-currency treasury infrastructure with overlap in FX and cross-border payment capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fennech

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

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 Fennech Financial