Raiffeisen Bank International signs partnership agreement with FinLync

Raiffeisen Bank International has signed a partnership agreement with treasury fintech FinLync to provide cash management services via corporate bank APIs & Long lasting collaboration to provide Raiffeisen Bank International’s offering to  corporate customers in Austria and CEE.  

Raiffeisen Bank International (RBI), a leading corporate and investment bank in Austria and CEE, joined forces with FinLync, a privately-held, global fintech company to enable corporate  treasury and finance teams to rapidly and easily connect to RBI’s commercial bank API  offerings in the field of cash management.  

FinLync transforms corporate finance and treasury offices by aggregating global banking  APIs to deliver embedded real-time payments and cash management. Through FinLync’s  uniquely advanced products, RBI’s state-of the-art commercial bank APIs and offerings will  be made available with an easy plug-and-play approach to existing and new corporate clients.  

Susanne Prager, Executive Director and Head of Cash Management at RBI, commented, “With FinLync, we have found the optimal partner especially when it comes to serving our  international customers, that are using SAP for their treasury operations. From now on, they  can consume RBI’s best-in-class cash management services directly in the environment they  appreciate – and all that in real-time, which we consider as the new standard.”  

Toby Michelmore, Global Head of Partnerships at FinLync, said, “In a world that demands  immediacy, today’s corporate treasurers are under pressure to do more with fewer  resources. Treasury teams are turning to forward-thinking financial institutions like RBI and  FinLync’s leading technology, to provide greater speed, automation and security for bank  data movement. We are proud to partner with RBI, recently recognized as a Category Winner  for excellence in Transaction APIs and Payment Status APIs in the 2022 FinLync Bank API  Power Rankings report, to enable their clients to more easily access their suite of corporate  bank APIs.”