2023 was the first year of profit from the automation of company financial operations and the first year when the company reports a taxable profit, with a 29% EBITDA margin.
“Last year’s results confirm the success of investments both by founders and investors in Finqware team and the technology it develops,” said Cosmin Cosma, Finqware CEO.
Turnover and profit growth comes amid the expansion of the portfolio of medium and large companies that adopted FinqTreasury platform for financial operation automation, as well as amid the development of open banking projects with partner banks.
(English version by Catalina Apostoiu)