Capital One signs cash management agreement with Trovata

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Capital One signs cash management agreement with Trovata

By Alexandra Leonards

1/2/2022

Capital One is using Trovata’s technology platform to provide a new cash management service for its commercial clients.

Trovata is a FinTech specialising in automating cash workflows through multi-bank API data aggregation for corporate finance and treasury teams.

“Many of our clients are looking for a better, faster and more interactive system of record for managing cash,” said Phil Beck, head of treasury management for Capital One. “Trovata is helping us take a major leap forward in providing data-driven workflow automation to support our clients’ digital transformation journeys.”

Brett Turner, founder and chief executive of Trovata: “We’re thrilled to partner with Capital One and bring the Trovata experience to its clients and the treasury teams that serve them. Management is all about real-time intelligence and automation. The opportunity to help drive digital transformation for the bank is tremendous.”

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