Kyriba alternatives for mid-size payment companies
The main Kyriba alternatives for mid-size payment companies are Atlar, Trovata, Embat and Agicap for API-based cash visibility with lighter implementation, and Ripple Treasury (formerly GTreasury) and Nomentia for full treasury management with wide bank connectivity. Choose on bank and PSP coverage, entity count, whether you need stablecoin balances in the same view, and how the vendor prices and implements.
What matters for a cross-border payment company
- Bank and payout partner coverage: SWIFT, host-to-host, bank APIs, EBICS or aggregators
- Multi-entity and multi-currency cash positioning
- Real-time or intraday balances versus prior-day statements
- Stablecoin or digital asset balances alongside bank cash
- Implementation model and who runs it
- Published pricing or a clear pricing basis
At a glance
| Tool | Best for | Connectivity | Pricing |
|---|---|---|---|
| Kyriba | Large and fast-growing multi-entity groups that need SWIFT, host-to-host, bank API and regional network coverage, plus FX, liquidity planning and payments, in one platform. | SWIFT (over 600 corporate BICs), host-to-host secure FTP to hundreds of banks, bank APIs (for example J.P. Morgan, Citi, HSBC, Deutsche Bank), regional networks such as EBICS, Bacs, Faster Payments, Zengin and CBI, and pre-built connectors for SAP, Oracle, NetSuite, Microsoft Dynamics 365 and Workday. | On request |
| Atlar | Mid-size payment and fintech companies that want an Atlar-managed implementation (Professional plan and above), real-time API and host-to-host bank connections, and cash, payments and forecasting in one tool. | Real-time bank APIs, host-to-host SFTP and EBICS (German, Swiss and French variants), with SWIFT MT, ISO 20022 XML and BAI2 files and native ERP integrations. On the Professional and Enterprise plans, Atlar manages the implementation. | On request |
| Trovata | Mid-size teams that want a published entry price and API-based multi-bank cash visibility, with a TMS and stablecoin balances available as they grow. | Bank APIs, SFTP files (BAI, MT940, CAMT) and SWIFT (MT94X, MT535), plus Plaid for banks it supports and Enterprise connections set up with Customer Success. A Developer Portal exposes the normalised data. | Base Package $24,000 a year, covering 1 bank, 100 accounts, 1,000,000 transactions and 10 users; TMS and add-ons quoted (as of October 2026). |
| Ripple Treasury (formerly GTreasury) | Treasury teams that want a full TMS with bank API connectivity and digital asset balances, such as RLUSD, held and reported next to cash. | ClearConnect, a bank API connectivity layer, plus ERP integrations; the same ClearConnect layer connects digital asset custodians by direct API, and Ripple-native digital asset accounts sit inside the platform. | On request |
| Nomentia | Mid-size European groups that want SWIFT, EBICS, host-to-host and PSD2 connectivity with modular cash, payments, forecasting and hedge accounting. | SWIFT (including Swift Business Connect on Alliance Cloud), EBICS, host-to-host, PSD2 APIs and SFTP, which can run in parallel; statement formats include CAMT.052, CAMT.053, CAMT.054, MT940 and MT942. | On request |
| Embat | Mid-size European companies that want API bank connectivity across many banks, automated reconciliation and forecasting tied to NetSuite or Business Central. | Real-time bank APIs, with file-based connections when needed; Embat connects to over 15,000 banks and financial products and added Necto's bank API connectivity in 2025. ERP links include Microsoft Business Central and Oracle NetSuite. | On request |
| Agicap | Mid-sized companies, typically below the scale of a full TMS, that want multi-bank cash visibility, forecasting and payments connected to the ERP. | SWIFT, host-to-host, bank APIs and SFTP, with more than 300 UK, Irish and international banks and ERP connectors for QuickBooks, NetSuite, Sage Intacct, Microsoft Dynamics and SAP. | On request |
| Polynopsis | Cross-border payment companies whose money sits with payout partners, exchanges and stablecoin wallets as well as banks, and that need one live position, money in flight and corridor runway. Not a full treasury management system. | Read-only: banks through aggregators and statement files (BAI2, MT940, camt.053), stablecoin wallets by public address, custody platforms by read-only API key, payout partners through their reports and APIs. | On request |
Kyriba
Kyriba is a SaaS liquidity platform covering treasury management, payments, working capital and risk management, with a large bank and ERP connectivity network.
- Kyriba describes itself as trusted by 4,000 customers and says its platform powers payments across 10,000 banks a year (April 2026). source
- Kyriba integrates over 600 corporate BICs on SWIFT, which it describes as more than 28% of SWIFT's total corporate BIC membership. source
- Kyriba connects host-to-host by secure FTP to hundreds of banks, through bank APIs, and through regional networks including EBICS, Bacs, Faster Payments, Zengin, CBI and EDITRAN. source
- The platform handles more than 3.6 billion bank transactions and $51 trillion in payments a year, and connects to over 10,000 ERP instances. source
- At KyribaLive on 28 April 2026, Kyriba announced that it is working with Circle to integrate USDC into its treasury platform, that J.P. Morgan Asset Management's Morgan Money is being embedded in the platform, and an AFP certificate on stablecoins and on-chain liquidity. source
- Kyriba also announced two new platform solutions, Advanced Liquidity Planning and Advanced FX, in April 2026. source
- In October 2024 Bridgepoint reinvested as majority shareholder and General Atlantic joined as a minority investor, in a deal valuing Kyriba at over $3 billion. source
Named customers: Uber, McKesson Corporation
Atlar
Atlar is a treasury platform from Stockholm for cash management, payments, forecasting and reconciliation, built around managed bank and ERP connections.
- Atlar says it connects to more than 100 banks globally and lists more than 130 across major markets on its integrations page (as of October 2026). source
- Connection methods are real-time APIs, SFTP for host-to-host, and EBICS including the German, Swiss and French variants; supported file formats include SWIFT MT, ISO 20022 XML and BAI2. source
- Atlar has four plans (Connect, Essential, Professional, Enterprise) and does not publish fixed prices; each plan is quoted on banks, entities and usage. source
- The Professional plan adds payments, cash flow forecasting, payment approval chains, API access and real-time API connections, with an Atlar-managed implementation. source
- Atlar became a pre-built integration on the Citi Developer Portal in March 2025, syncing Citi balances and transactions over a real-time API. source
- Atlar states that customers are up and running in 2 to 3 months on average; Atlar manages the implementation on its Professional and Enterprise plans. source
- Mangopay used Atlar to free up EUR 20 million in idle cash, and GetYourGuide reports real-time cash visibility across 12 banks and PSPs. source
- Atlar has offices in London, Stockholm, Berlin and New York and is backed by Index Ventures and General Catalyst. source
Named customers: Mangopay, Tide, Trustly, TrueLayer, Upvest, Mondu, Zilch, GetYourGuide
Trovata
Trovata connects banks, financial data and treasury workflows on an AI platform, with products for cash visibility (Trovata Cash), a full TMS, managed bank data and stablecoin balances.
- Trovata publishes a Base Package price of $24k a year that includes 1 bank, 100 accounts, 1,000,000 transactions and 10 users (as of October 2026). source
- The Base Package covers balances, transactions, forecasts, cash positioning, reconciliation, payments, entity management and NetSuite and FloQast integrations. source
- Trovata supports API bank connections, SFTP feeds (BAI, MT940, CAMT), SWIFT feeds (MT94X, MT535) and Plaid-supported banks. source
- Trovata Stablecoin lets treasury teams hold USDP, minted by Paxos, in a wallet inside Trovata next to bank accounts, with the underlying fiat held at State Street. source
- Trovata Stablecoin advertises a 2% earnings credit rate (ECR) on stablecoin balances above minimums, which can be applied to Trovata subscriptions, AI agent usage or bank fees (as of October 2026). source
- Trovata reports 56K bank accounts and 295M+ daily bank transactions on its platform (as of October 2026). source
Named customers: Lemonade, Cloud Software Group, Park Place Technologies
Ripple Treasury (formerly GTreasury)
Ripple Treasury is the treasury management system formerly called GTreasury, now part of Ripple, covering liquidity, forecasting, payments, reconciliation, netting and risk, with native digital asset accounts.
- Ripple announced a $1 billion acquisition of GTreasury on 16 October 2025. source
- GTreasury is now part of Ripple and has been renamed Ripple Treasury. source
- Ripple Treasury solutions include liquidity management, cash flow forecasting, reconciliation, netting, payments, risk management and native stablecoin and blockchain treasury infrastructure. source
- At the acquisition announcement GTreasury had more than 40 years in treasury, over 1,000 customers across 160 countries and a Chicago headquarters with offices in Dublin, London, Sydney, Singapore and Manila. source
- On 1 April 2026 Ripple Treasury launched Digital Asset Accounts and Unified Treasury, showing digital asset balances such as XRP and RLUSD next to cash in one dashboard. source
- Customers with assets at several custodians connect them through ClearConnect, the same layer used for bank integrations. source
- ClearConnect Gateway added bank API connections to DBS, OCBC, ICBC, Barclays and BNP Paribas in March 2024, with current-day and prior-day balance and transaction reporting. source
Named customers: Bank of us
Nomentia
Nomentia is a Helsinki-headquartered treasury and cash management software provider whose modular Smart Treasury Suite covers bank connectivity, payments, cash positioning, forecasting and risk.
- Nomentia connects to banks through SWIFT Business Connect, EBICS, host-to-host, PSD2 APIs and SFTP, and lists 10,000+ bank connections. source
- Nomentia was one of the first vendors to provide Swift's Business Connect service, using Swift's Alliance Cloud interface (August 2024). source
- In February 2025 Nomentia partnered with Enable Banking to provide PSD2 API connectivity. source
- On 9 September 2026 Nomentia added Analytics, Predictive Forecasting, AI Agents, Intercompany Netting, Hedge Accounting and Scenario Analysis to its Smart Treasury Suite. source
- Inflexion agreed to acquire a majority stake in Nomentia in March 2023, when Nomentia had more than 1,400 customers and solutions used in over 80 countries. source
- Alexander von Schirmeister succeeded Jukka Sallinen as Nomentia CEO in December 2025. source
Named customers: Copenhagen Airports, Gasum, Paulig, HMS Networks, Ponsse, Eltel
Embat
Embat is a Spanish AI treasury platform for mid-sized and large companies covering cash visibility, payments, forecasting and automated bank reconciliation.
- Embat connects to over 15,000 banks and financial products, real-time via APIs and file-based when needed. source
- Embat acquired US bank API provider Necto in February 2025; Necto had integrated more than 30 banks and nearly 100 API services. source
- Embat supports transactions in 70 currencies and integrates banks including J.P. Morgan, Citi, Barclays, HSBC, Deutsche Bank and Wells Fargo. source
- Embat raised a EUR 30 million Series B led by Cathay Innovation in May 2026, bringing total funding to EUR 50 million. source
- Embat serves more than 400 European corporate clients and entered the UK and Ireland in 2025 (May 2026). source
Named customers: VIVLA, Treatwell, Fever, Northern Data, HOFF, Molins
Agicap
Agicap is a Lyon-founded cash management platform for mid-sized companies that centralises bank and ERP data for cash visibility, forecasting and payments.
- Agicap connects to banks through SWIFT, host-to-host, API-based integration and SFTP, and supports NACHA, wire, SWIFT and ISO 20022 payment formats. source
- Agicap says it is used by over 8,000 companies (as of October 2026). source
- Agicap is compatible with more than 300 UK, Irish and international banks; pricing is a tailored annual quote with a 12-month minimum term and a free trial. source
- Agicap raised a EUR 45 million Series C from AVP in November 2024 and says it focuses on mid-sized companies. source
- Agicap operates in France, Germany, Spain, Italy and the UK. source
- M2A Media uses Agicap to forecast cash across several entities and consolidate four bank accounts, multiple credit cards and several currencies. source
Named customers: M2A Media
Where Polynopsis fits
Polynopsis is built for cross-border payment companies whose money sits with payout partners, exchanges and stablecoin wallets as well as banks. It gives one read-only position across all of them, tracks money in flight and warns before a corridor runs dry. It is not a full treasury management system: it does not execute payments or manage investments and debt, so firms that need those pair it with a treasury management system or choose one of the tools above.
Frequently asked questions
What is GTreasury called now?
GTreasury is now part of Ripple and has been renamed Ripple Treasury. Ripple announced the $1 billion acquisition on 16 October 2025, and on 1 April 2026 Ripple Treasury launched Digital Asset Accounts that show balances such as XRP and RLUSD next to cash.
Which Kyriba alternative publishes a price?
Trovata publishes a Base Package at $24,000 a year that includes 1 bank, 100 accounts, 1,000,000 transactions and 10 users. Atlar does not publish fixed prices and quotes each plan on banks, entities and usage, and Agicap sells a tailored annual quote with a 12-month minimum term.
How does Kyriba connect to banks?
Kyriba uses SWIFT (over 600 corporate BICs), host-to-host secure FTP to hundreds of banks, bank APIs and regional networks such as EBICS, Bacs, Faster Payments and Zengin. It describes itself as trusted by 4,000 customers and says its platform powers payments across 10,000 banks a year.
Other comparisons
Sources
- Kyriba brings AFP, J.P. Morgan Asset Management and Circle into a single AI-orchestrated treasury platform · Kyriba
- Kyriba Liquidity Performance Platform · Kyriba
- Bridgepoint to reinvest in Kyriba, alongside new minority investor General Atlantic · General Atlantic
- Atlar financial connections · Atlar
- Atlar pricing · Atlar
- Introducing Atlar's pre-built Citi integration · Atlar
- A guide to bank connectivity for finance and treasury teams · Atlar
- Atlar customers · Atlar
- About Atlar · Atlar
- Trovata pricing · Trovata
- Connections guide · Trovata Help Center
- Introducing Trovata Stablecoin · Trovata
- Trovata · Trovata
- Ripple breaks into corporate treasury with $1B GTreasury acquisition · Ripple
- GTreasury is now Ripple Treasury · Ripple Treasury
- Ripple Treasury launches the first treasury management system (TMS) with native digital asset capabilities · Ripple
- GTreasury extends global banking API connectivity suite into APAC · Ripple Treasury
- Nomentia bank connectivity · Nomentia
- Nomentia to provide Swift's Business Connect service to clients · Crowdfund Insider
- Nomentia news · Nomentia
- Nomentia launches new modules for the foundation of modern treasury · Treasury Management International
- Inflexion announces acquisition of Nomentia · Inflexion
- Embat and Microsoft Business Central · Embat
- Embat acquires Necto, strengthening leadership in global corporate banking connectivity through APIs · Treasury Management International
- Spanish treasury platform Embat lands EUR 30m Series B for European expansion · FinTech Futures
- Connect all your banks, ERPs and business tools, all over the world · Agicap
- Agicap pricing · Agicap
- Agicap secures $48 million for its cash flow management platform · TechCrunch
- Why choose Agicap as your cash management solution · Agicap
- M2A Media customer story · Agicap
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.