Atlar for lenders: Tilta case study
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.
