Key takeaways
- Stream has selected Atlar to automate cash management, optimize liquidity, and connect its global banking and payments ecosystem through one treasury platform.
- Stream delivers workplace finance solutions to three million workers globally, partners with more than 2,000 brands, and processes more than 10 million transactions every month.
- The finance team sought a scalable, automated solution for a network of global banks and API-based payment providers, aiming for real-time control without added complexity.
- With Atlar, Stream cites lower operational risk, real-time connectivity through modern APIs, automated sweeping rules across entities and currencies, and unified visibility into cash positions worldwide.
- Nick Maguire, VP Strategic Finance at Stream, said the platform provides the automation and real-time connectivity needed to manage liquidity across Stream’s global network.
The workplace finance leader has selected Atlar to automate cash management, optimize liquidity, and connect its global banking and payments ecosystem through a single modern treasury platform.
Enabling financial wellbeing at scale
Stream is the market-leader in workplace finance, delivering innovative financial wellbeing solutions to three million workers globally. We’re proud to share that the team has chosen Atlar as its treasury platform to support their next stage of growth.
Founded in 2018 to tackle the “poverty premium”, or the extra costs low-income workers pay for essential goods and services, Stream now partners with more than 2,000 brands to deliver fair financial products.
The company’s growth has been remarkable. Backed by world-class investors, Stream has expanded across Europe and the U.S. and processes more than 10 million transactions every month.
Modern treasury for a complex financial ecosystem
Stream manages a sophisticated network of global banks and API-based payment providers. To support its scale and reduce operational risk, the finance team sought a scalable and automated treasury solution that could deliver real-time control without adding complexity.
By partnering with Atlar, Stream gains:
- Lower operational risk through reduced manual work and key-person dependencies
- Real-time connectivity to banks and payment providers through modern APIs
- Automated sweeping rules to keep balances optimized across entities and currencies
- Unified visibility into cash positions worldwide
As Nick Maguire, VP Strategic Finance at Stream, put it:
"As the market-leader in workplace finance, we needed a modern treasury platform that could handle our scale and complexity. Atlar’s platform provides the enhanced automation and real-time connectivity we need to manage liquidity efficiently across our global network. This gives our team the confidence and control required to support our mission of providing fair financial tools to the everyday worker."
Stream joins other UK-based innovators, including Zilch and Liberis, that use Atlar to manage their global cash and payments in one place.
At Atlar, we’re proud to support Stream as it continues to expand globally and empower millions of people to improve their financial wellbeing.
Curious to see how Atlar can help save your team time and money? Book a 30-minute demo or contact our team to learn more.
