Fennech

Fennech Financial operates as a business-to-business (B2B) corporate banking platform, specializing in the automation of complex financial processes for large corporations, banks, and other financial institutions. Founded in London, United Kingdom, in 2017 by Emmanuel De Rességuier, the company addresses inefficiencies in corporate finance and treasury operations. Since its inception, the firm has secured total funding of $3.59 million over four rounds, with a notable seed round in June 2023 led by Lloyds Banking Group amounting to $2.93 million.

The company's core offering is The Fennech Financial Framework (F³), a cloud-based, low-code Platform as a Service (PaaS) that acts as a bridge between a company's internal applications and its banking partners. This platform leverages artificial intelligence and machine learning to provide hyper-automation of finance, treasury, and payment solutions in real-time. F³ works by transforming raw financial data into structured 'Digital Contracts' and 'Smart Transactions', creating a foundation for automated processing and enhanced data analytics. This allows clients to unify their treasury, payments, and liquidity operations onto a single, intelligent system. The business generates revenue through a Software-as-a-Service (SaaS) model, providing clients with a configurable toolkit to design bespoke process flows that integrate with their existing IT infrastructure.

Fennech's platform serves distinct client segments. For corporate clients, it provides a unified dashboard for real-time visibility of global cash positions, automates reconciliations, and centralizes payments. For fintech companies, it offers treasury infrastructure via APIs to quickly embed financial capabilities like real-time payments and virtual accounts. For banks, it enables the modernization of corporate treasury services without overhauling core legacy systems, allowing them to offer advanced cash pooling and payment automation services to their own clients. Key products built on the platform include an Advanced Reconciliation Manager, Auto Payments, a Digital Cash Ledger, and a Liquidity Manager, effectively offering the functionality of a virtual in-house bank. The platform is designed to connect with clients' ERP systems and multiple banking payment rails, simplifying payables, receivables, and multi-entity cash management.

Keywords: corporate banking platform, treasury management, payment automation, liquidity management, financial automation, fintech infrastructure, SaaS, Fennech Financial Framework, Emmanuel De Rességuier, corporate finance, cash management, real-time payments, financial operations, reconciliation automation, API banking, digital treasury, payables management, receivables management, multi-bank connectivity, virtual accounts