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Treasury Prime Announces Integration with Astra to Enable Real Time Payment Capabilities

Treasury Prime, a leading provider of embedded banking software, has announced a strategic collaboration with Astra, a technology company specializing in instant payment solutions. This collaboration will allow Treasury Prime customers to benefit from instant account funding and disbursements through push-to-card capabilities, revolutionizing the payment process for banks and enterprises.

By enabling push-to-card transactions, Treasury Prime’s customers will now be able to offer their end-users faster and more efficient funding options compared to traditional methods like ACH transfers. This partnership with Astra will ultimately enhance customer experiences by facilitating swift account funding for end-users.

Mark Vermeersch, Chief Platform Officer at Treasury Prime, expressed his excitement about the collaboration, stating, “The speed, efficiency, and accessibility of Astra’s transfer technology, coupled with our embedded finance marketplace, stand to transform the way businesses and end-users conduct transactions, paving the way for a more dynamic and connected financial landscape.”

Gil Akos, co-founder and CEO at Astra, also commented on the partnership, emphasizing the significance of instant payment technology in the future of financial transactions. He mentioned that through this collaboration with Treasury Prime, they are looking to empower businesses to embrace the power of instant transactions, driving growth, enhancing customer experiences, and fostering financial inclusion.

This partnership follows Treasury Prime’s recent collaborations with Sardine and Checkout.com, further expanding the firm’s industry-leading partner marketplace. Earlier this year, Treasury Prime introduced OneKey Banking, a multi-bank solution, and secured a successful $40 million Series C funding round.

In addition to their collaboration with Astra, Treasury Prime also recently partnered with Liberty Bank, N.A., a full-service commercial bank supporting markets across California. This partnership aims to offer innovative embedded banking solutions to customers in the fintech space, providing new channels for businesses on the Treasury Prime platform to interact and consume Liberty Bank’s comprehensive suite of financial services.

With these strategic collaborations, Treasury Prime continues to solidify its position as a leader in embedded banking software, driving innovation and creating opportunities for businesses to optimize their financial operations and provide seamless experiences for their customers.

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