“Can an AI-native, multi-bank treasury layer replace the TMS and become the embedded cash-liquidity brain for both commercial banks and ERPs?”
Nilus started in 2021 as a no-code cash flow / financial operations tool helping companies reconcile multi-bank data. By 2025, with the $10M extension round, it repositioned explicitly as 'the first proactive AI-powered treasury management platform.' In 2026 the product surface broadened again into a nine-module platform (cash & liquidity, payments, collections, accounting, FX, debt, investments, BAM, connectivity) and launched Agentic Banking (for banks) and Agentic Treasury for ERPs — moving Nilus from a point tool for finance teams into an embedded white-label treasury layer for banks and ERP vendors.
Nilus moves money over ACH, RTP, SWIFT and SEPA.
Nilus uses Alloy for KYC and identity verification.
Nilus connects to bank accounts through Salt Edge and Plaid.
Nilus integrates with QuickBooks, NetSuite and Sage.
The Embedded Finance Index 2026 maps 7 layers in Nilus's stack: Money movement (ACH, RTP, SWIFT and SEPA); Lending (Debt facility book (tracking only — committed, drawn, headroom, WACD), Covenant monitoring and Credit agreement ingestion); Open banking (Salt Edge and Plaid); Unified APIs (Rutter); KYC (Alloy); Accounting (QuickBooks, NetSuite and Sage); Treasury (Nilus (self-operated)).
Nilus was founded by Daniel Kalish (CEO, ex-PayPal) and Danielle Shaul (CTO, ex-Fundbox) and is founded in 2021, headquartered in New York, NY (US) with R&D in Tel Aviv, Israel.
Nilus has raised $18.6M in total (latest round: Series extension, Jan 2025).
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