Xalts

Xalts is a financial technology company founded in 2022 that focuses on building digital treasury, trade, and supply chain finance infrastructure. The company aims to digitize and automate traditional financial operations, enhancing efficiency and accessibility for a variety of users, including large global banks, medium-sized banks, global corporations, and SMEs. Xalts offers AI-powered solutions that automate end-to-end financial operations for treasury and finance teams. These solutions feature task-specific agents for repetitive tasks, custom workflows aligned with company policies, and integrations with ERPs, accounting systems, and payment processors. The company emphasizes security, compliance, and multi-bank connectivity to ensure clear visibility into banking processes. Following its acquisition of Contour, Xalts is expanding its capabilities to provide more efficient access to digital solutions for trade and supply chain finance. Backed by investors like Accel, Xalts has raised around $6 million in funding and operates with a dedicated team led by CEO Ashutosh Goel.