FinanceKey has raised a new €3 million seed funding round to scale its client base, expand into new markets, and accelerate the shift to fully automated enterprise treasury systems. The funding round was led by Maki.vc, with participation from existing investor First Fellow Partners.
Problem being addressed: Many large enterprises still struggle with outdated tools, fragmented data, and spreadsheet-heavy workflows. Treasury and finance professionals in large companies spend the majority of their time on low-value tasks, such as reconciliations, payment execution, and bank integrations. Without a real-time view of cash across accounts and entities, finance teams struggle to manage liquidity effectively, forecast accurately, and respond confidently to shifting market conditions.
FinanceKey provides a fundamentally different approach: a single, streamlined platform that connects banking, ERP, and treasury systems, standardizes financial data, and fully automates payment processes. It delivers real-time visibility, automation, and control in a single, unified platform.
This solution streamlines global treasury operations, reduces manual workload, and enables finance teams to operate with precision and agility. Designed for flexibility, this platform can be used as a standalone dashboard or integrated seamlessly into existing systems, with no custom development required. FinanceKey is tapping into a significant shift: finance teams are no longer just back-office operators but strategic powerhouses.
Founders: The company was founded by former Nokia treasury leaders Veikko Koski, Macer Skeels, Tiago Batista, and Rony Meyer, who had firsthand experience with the limitations of legacy treasury tools and set out to build a system designed for the speed and scale of modern finance teams. And with over €1.5 billion in payments automated to date and steady month-over-month growth, FinanceKey is used by multinational clients including Nors, Bravedo, and Obton, who have reported up to €1 million in annual savings through payment automation in the first year.
How the funding will be used: The new funding round empowers FinanceKey’s product development, team growth, and expansion across Europe, while accelerating FinanceKey’s mission to transform the global treasury infrastructure.
KEY QUOTES:
“We’ve seen firsthand how disconnected systems and repetitive manual workflows slow finance teams down; they deserve better tools – ones that unify fragmented data, automate workflows, and free them to focus on strategic decisions. This funding lets us scale a platform already driving results for top-tier enterprise clients.”
Veikko Koski, CEO of FinanceKey
“Treasury teams are turning to FinanceKey because we’re not just patching over old problems – we’re tearing up the rulebook. We’re reimagining how treasury works, with a platform that lets teams move faster, adapt freely, and evolve without limits.”
Macer Skeels, CTO and co-founder of FinanceKey
“With FinanceKey, we finally have real-time visibility across our global accounts and a solution tailored to each region’s complexity. Within months, we replaced a fragmented, manual Excel process involving 20 people with a streamlined, automated system. The savings achieved through the group’s treasury management using this tool far exceeded our expectations. FinanceKey isn’t just a vendor, they’re a partner helping us shape the future of treasury.”
Tiago Prista, Head of Finance, Nors Group
“The team at FinanceKey has deep expertise and has created a product that solves a clear, urgent need in the market. The traction they’ve achieved with large enterprises speaks volumes, and this is just the beginning.”
Tim Bolte, Venture Partner at Maki.vc
“FinanceKey is building the kind of infrastructure every treasury team wishes they had, clean, reliable and easy to integrate. They’re not just adding a layer of visibility; they’re simplifying the entire treasury backbone.”
Kim Groop, Partner at First Fellow Partners
