Seed · Fintech · Hove, Sweden · Founded 2023 · 20–30 employees
Palm is an AI-powered treasury management platform that helps enterprise teams optimize cash flow and liquidity across global operations. Founded by former Uber and PayPal executives with decade-plus experience managing billion-dollar treasuries, the company raised €5.5M in seed funding in September 2024. Palm's platform reduces operating cash balances by over 30% and outperforms human-generated forecasts in three out of four accounts, addressing the top priority for European treasurers - cash forecasting. The startup serves publicly listed companies with over $1B turnover and can be implemented in weeks rather than months compared to legacy systems.
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