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Embat launches Global Banking
27 July 2026 Spain
Image: Halal Vision Studio/stock.adobe.com
Embat, an AI-powered fintech specialising in treasury management, has launched Global Banking, a banking product to harmonise cash management, international payments and collections, FX hedging, account reconciliation, and more into a single workflow.
Global Banking addresses the structural problems faced by mid-market companies with international operations.
These include the time and complexity associated with opening bank accounts in a new country, the disconnect between banks and Enterprise Resource Plannings (ERP), the lack of transparency, and wide FX spreads that continue to hit the bottom line.
Businesses using Global Banking can open local IBANs in 22 countries within days using fully digital know your customer (KYC).
Every transaction is automatically integrated with leading ERPs, reducing the need for manual reconciliation.
Customers can also hedge their exposures in more than 60 currencies.
The product is underpinned by Embat’s proprietary AI tools and its agentic AI assistant — TellMe.
Álvaro Dexeus has been appointed to lead the new product as director of Global Banking.
Dexeus says: “Throughout my career, I’ve seen first-hand how even the largest multinationals are not immune to the operational challenges, silos, and friction that exist within the European treasury, accounting, and banking landscape.
“While advances in financial technology have been a game changer, AI is taking this transformation to a new level. Embat is at the forefront of this change, and I look forward to playing my part in expanding the banking division across Europe.”
Antonio Berga, co-founder and co-CEO at Embat, adds: “I’m delighted to have Álvaro on board. He brings an exceptional track record in building and scaling fintech businesses, and his commercial acumen and deep understanding of the challenges facing finance teams at mid-market firms will give our customers unique expertise.
“This reinforces our strategic commitment to becoming the leading finance operating system for the European market.”
Global Banking addresses the structural problems faced by mid-market companies with international operations.
These include the time and complexity associated with opening bank accounts in a new country, the disconnect between banks and Enterprise Resource Plannings (ERP), the lack of transparency, and wide FX spreads that continue to hit the bottom line.
Businesses using Global Banking can open local IBANs in 22 countries within days using fully digital know your customer (KYC).
Every transaction is automatically integrated with leading ERPs, reducing the need for manual reconciliation.
Customers can also hedge their exposures in more than 60 currencies.
The product is underpinned by Embat’s proprietary AI tools and its agentic AI assistant — TellMe.
Álvaro Dexeus has been appointed to lead the new product as director of Global Banking.
Dexeus says: “Throughout my career, I’ve seen first-hand how even the largest multinationals are not immune to the operational challenges, silos, and friction that exist within the European treasury, accounting, and banking landscape.
“While advances in financial technology have been a game changer, AI is taking this transformation to a new level. Embat is at the forefront of this change, and I look forward to playing my part in expanding the banking division across Europe.”
Antonio Berga, co-founder and co-CEO at Embat, adds: “I’m delighted to have Álvaro on board. He brings an exceptional track record in building and scaling fintech businesses, and his commercial acumen and deep understanding of the challenges facing finance teams at mid-market firms will give our customers unique expertise.
“This reinforces our strategic commitment to becoming the leading finance operating system for the European market.”
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