Cofers is a treasury management platform that securely aggregates read‑only connections to all of a company's bank accounts, providing a real‑time consolidated dashboard of cash balances, liquidity trends, and bank reconciliation across multiple banks, entities, and RFCs.
Funding
$900K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Companies with multiple bank accounts and legal entities often lack a unified view of their cash positions, requiring manual logins to each bank and time‑consuming reconciliation in spreadsheets. This fragmented approach hampers real‑time liquidity monitoring and increases the risk of errors in cash‑flow management.
Solution
Cofers provides a treasury management platform that aggregates read‑only, ISO‑27001‑compliant connections to all of a company's bank accounts into a single dashboard. Transactions are synchronized automatically within minutes, delivering real‑time visibility of total liquidity across multiple banks, entities, and RFCs. The platform integrates with existing ERP systems, allowing seamless data flow for cash‑flow monitoring, bank reconciliation, and financial positioning without replacing core accounting functions. Implementation typically takes one to two weeks, with onboarding support that does not require a dedicated IT team.
Target Audience
Primary users are corporate treasurers, finance managers, and CFOs of mid‑size to large enterprises that manage multiple bank accounts and legal entities.
Features
- Read‑only, ISO/IEC 27001:2022‑certified connections to banks ensuring secure, non‑transactional data access
- Automatic, near‑real‑time synchronization of account movements across unlimited banks and legal entities
- Multi‑entity and multi‑RFC support for groups, subsidiaries, and complex corporate structures
- Integration layer that feeds synchronized data into existing ERP or accounting systems for enhanced cash‑flow analysis
- Consolidated dashboard presenting total cash balance, liquidity trends, and bank reconciliation status in a single view
- Quick implementation (1–2 weeks) with guided onboarding and no need for dedicated IT resources