Trovata
“Can a bank-API aggregation layer become the universal AI- and stablecoin-native operating system for corporate treasury?”
Founded2016
HQSan Diego, California, United States
Latest roundSeries B, 2022
IndustryHorizontal SaaS / Treasury Management
The story
Founded 2016 in San Diego, Trovata built a multi-bank API aggregation layer to replace legacy TMS and bank portals for corporate finance teams. Grew from US-only cash reporting into a full TMS, expanding to UK/EU in 2022 with open banking and Pay-by-Bank rails. Currently pivoting toward an AI- and stablecoin-native 'programmable liquidity' platform with agentic workflows on top of its bank connectivity layer.
Last 12 months
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Product timeline
2019
Market launch of cash management platform in the US· banking
2022
Series B $27M; opened London and Amsterdam offices for UK/EU expansion· banking
2022
Hired open banking executives to expand into Pay by Bank and EU multi-bank aggregation· banking
2023
Partnered with Jiko to offer T-bill investment access to corporate treasurers· banking
2025
Launched Trovata AI 2.0 and announced Stablecoin product for digital treasury· pivot
The stack
4 layers disclosed in Trovata’s embedded-finance stack
Payments / PSP
Money movement
in the full report
Investing
in the full report
Accounting
in the full report
Accounting gap: minor
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.