COMPANY
Tilta
FOUNDED
2022
INDUSTRY
PRODUCTS
3 weeks

from starting integration to go-live

100%

elimination of manual payments processing

Four-eyes approvals

and enterprise risk policies enforced

Posted in
Case Study
on
May 3, 2023

Atlar for lenders: Tilta case study

COMPANY
Tilta
FOUNDED
2022
INDUSTRY
Highlights
From integration to live in 3 weeks
Eliminated manual payments processing & centralised liquidity overview
Four-eyes approvals and enterprise risk policies enforced
Tilta partnered with Atlar to automate their treasury operations across Europe, ensuring focus on their core mission of closing the financial gap for businesses across Europe.

About Tilta

Tilta, a Berlin-based fintech startup, provides a purchase financing solution that offers merchants, such as marketplaces and eCommerce platforms, plug & pay lending infrastructure that closes the financial gap for their customers. They are a team of experienced fintech founders, engineers, and data scientists that believe builders, and not bankers, should shape the future of finance. 

Payment flows & challenges:

Tilta's critical financial operations include:

  • Paying merchants
  • Collecting repayments from the merchants’ customers over direct debits 
  • Reconciling incoming credit transfers from merchants’ customers
  • Managing liquidity across banks and accounts

The Tilta team had seen from past experience what happens to treasury operations and payment processes as volumes grow and customers come on board from all over Europe. They knew that managing and reconciling incoming and outgoing payments while ensuring swift settlements to merchants, and seamless repayments for buyers is very complex. To be able to future proof their payment processes and keep focus on their core business, Tilta sought a partner that could help support their growth while reducing risks in treasury and payments processes as they scale across Europe. 

Partnering with Atlar

The Tilta team, having previously tried everything from manual processing of payments to building an in-house treasury platform, knew that these methods were not scalable and that they needed a more efficient solution to support their growth and expansion plans. That's when one of their bank partners recommended Atlar.

Because of strong recommendations from banks and from other Atlar customers, Tilta decided to join forces with Atlar and went live in less than three weeks – a remarkable feat compared to their previous treasury projects. The integration was made possible due to Atlar's pre-integrated solutions with the bank and their developer-friendly API.

Looking into the future, with Atlar's existing integrations to a majority of leading European banks, Tilta can now confidently focus on their core objective of closing the financial gap for businesses across Europe without worrying about scalability of their treasury and payment processes.

Get In Touch With Us

If you’re a company that’s focused on lending, like Tilta, or handle bank payments as a part of your product reach out. We would love to hear from you.

Joel Nordström
CEO & Co-founder
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