See other companies on Welcome to the Jungle
Atlar
Automated bank payments
- 1-20 employees
- Fintech
- B2B
- Payments
- Financial Services
- SaaS
- API
- Norrmalm, Stockholm, Stockholms län
Jump to section
Company mission
To enable Europe’s most innovative companies to automate their bank payments.
Our take
While personal banking has run headfirst into the digital age, business banking has not innovated at the same pace – with many B2B transfers still handled manually. This is in part because the costs of building the infrastructure to support automated payments, in time and money, are too high for most companies to consider. Atlar is building an API to facilitate bank-to-bank payments for European businesses, automate money movement, and free up businesses to focus on their mission and growth.
Atlar was founded in 2022, with the mission to bring payments automation to Europe’s businesses. Its platform automates all payments activities, from initiating transfers to handling direct debits, directly with the company’s existing bank partners. In addition, users can access the company’s bank data through a dashboard to track money movement easily.
Atlar has secured good levels of initial funding to expand operations and increase business reach. As a young company, it will certainly be interesting to see how its product develops into the future.
Kirsty
Company Specialist at Welcome to the Jungle
Funding (2 rounds)
Apr 2024
$8.5m
EARLY VC
Nov 2022
$5.3m
SEED
Total funding: $13.8m
This company has top investors
Leadership
Joel Nordström
(CEO)Former Commercial Director at Tink.
Joel Wägmark
(CPO)Former PSP & Platform lead at Tink.
Johannes Elgh
(CTO)Former Staff Engineer at Tink. Co-founded Vision World.