In a significant move to expand its capabilities in finance automation, GTreasury, a treasury technology company owned by Ripple, has announced its acquisition of Australian fintech firm Solvexia. This acquisition aims to integrate advanced no-code financial automation and data management tools into GTreasury‘s existing treasury management platform, bringing transformative changes to reconciliation and compliance processes for both fiat and digital assets.
Streamlining Financial Workflows
The addition of Solvexia’s technology to GTreasury’s infrastructure marks a step toward eliminating the reliance on manual, spreadsheet-based workflows that many finance teams still depend on. According to GTreasury, the combined platform will address operational risks tied to manual processes, deliver greater accuracy in financial reporting, and better equip organizations to meet evolving regulatory demands.
Renaat Ver Eecke, Chief Executive of GTreasury, highlighted the significance of the move, stating, "Today’s acquisition of Solvexia removes the boundaries between treasury management, reconciliation, and compliance reporting. Organizations shouldn’t rely on manual processes that introduce fraud risk, disclosure weaknesses, and audit exposure when automation can deliver near-perfect accuracy and complete transparency. The integration of GTreasury’s capabilities with Solvexia’s automation platform delivers unprecedented visibility and control across the entire finance function, protecting CFO reputation while ensuring governance and regulatory compliance."
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Expanding Treasury Capabilities
GTreasury has long been a leader in digital treasury solutions, with a client base exceeding 1,000 customers across 160 countries. With nearly 40 years of experience, the company provides tools for managing cash, payments, debt, derivatives, investments, and risk exposures. The acquisition of Solvexia builds on this foundation, further extending GTreasury’s reach into compliance and governance automation.
Ripple, which acquired GTreasury in 2025, has been steering the company toward broader corporate treasury and liquidity services tied to digital asset infrastructure. The Solvexia deal is one of GTreasury’s first acquisitions under Ripple’s ownership, emphasizing a focused push into automation and advanced financial oversight.
Solvexia, based in Sydney, specializes in automating finance, tax, and compliance workflows. Its software is designed to streamline financial tasks by combining, reconciling, mapping, and analyzing data, significantly reducing manual effort and error rates in core operations. According to the company, its tools can cut error rates by up to 98% and compress analytics generation from days to minutes.
Adem Turgut, Chief Executive of Solvexia, noted the importance of this collaboration for tackling modern finance challenges, stating, "Organizations are simultaneously managing traditional banking relationships and exploring digital assets, all while facing increasing regulatory scrutiny across multiple jurisdictions. The combination of Solvexia’s automation capabilities with GTreasury’s infrastructure extends the platform to ensure it’s not just ready for today’s challenges: it’s built for the future of finance with the governance and audit controls required to protect organizations from regulatory liabilities."
Enhancing Reconciliation and Compliance
A key feature of the expanded GTreasury platform will be end-to-end reconciliation automation, which will integrate with payment gateways, banking systems, enterprise resource planning (ERP) applications, and internal records. The system is designed to handle both fiat and digital asset transactions, detect potential fraud, track revenue leakage, and verify intercompany settlements.
Additionally, the combined offering will embed governance and controls into financial workflows, formalizing approval processes and reducing reliance on spreadsheets during financial close and reporting cycles. Regulatory reporting across multiple jurisdictions will also see significant improvements, with reporting cycles compressed from weeks to hours through automated data collection and submission.
Audit preparation is another critical area of focus. The platform will maintain detailed audit trails, version control, and approval workflows, enabling finance teams to meet close deadlines while addressing potential disclosure risks.
Meeting Rising Compliance Demands
The acquisition comes as finance departments face increasing pressure to ensure data accuracy, transparency, and faster reporting in response to growing regulatory scrutiny. Many organizations are now navigating parallel processes that involve traditional banking systems as well as emerging digital asset platforms.
GTreasury has been investing in connections between corporate finance systems and Ripple’s digital asset infrastructure, offering clients enhanced global liquidity access and visibility into cash positions, exposures, and funding costs. This latest integration of Solvexia’s tools furthers GTreasury’s "No Friction, No Boundaries" strategy, which aims to create a unified environment for cash, risk, payments, and reporting.
By leveraging Solvexia’s advanced automation capabilities, GTreasury promises to provide finance leaders with the necessary tools to scale operations, expand cross-border activities, and navigate the complexities of digital asset management. As Turgut puts it, the platform is designed to "ensure it’s not just ready for today’s challenges: it’s built for the future of finance."
This acquisition represents a clear step forward in addressing the increasingly complex demands facing finance teams worldwide, combining cutting-edge automation with robust governance and compliance tools.