Capalo AI chooses FinanceKey for real-time bank connectivity and payment orchestration on its path to programmable treasury
Finnish sustainable technology company Capalo AI has chosen FinanceKey to build future-proof payment and treasury operations from the ground up. With FinanceKey, the company gets the single source of real-time multi-bank data and the advanced payment orchestration capabilities it needs to build a fully programmable treasury function.
The challenge
Capalo AI operates an AI-driven virtual power plant, trading electricity on exchanges and with grid operators to optimise clean energy storage and distribution. As the business grows across European markets, it needs a scalable way to manage incoming payments, reconcile those cash flows against trading and revenue-split calculations, and pay asset owners accurately.
The solution
With FinanceKey, Capalo AI gains real-time visibility of its multi-bank cash position in the FinanceKey platform, while the same data flows directly into its own systems via API.
Alongside the data, FinanceKey provides payment connectivity across Capalo AI’s banking partners. Reconciliation now runs against live account data rather than manual checks – eliminating a manual step in an otherwise real-time business and strengthening control over money owed to asset owners and investors.
Through FinanceKey, Capalo AI is also building a route to automated payouts initiated directly from its own systems, with human approval built in – bringing it a step closer to a programmable finance operations layer.
“Innovative scale-ups like Capalo AI need a treasury solution that can keep pace with their rapid growth and operating complexity,” said Veikko Koski, Co-Founder and Chief Revenue Officer of FinanceKey. “Centralised, real-time financial data and Intelligent payment automation is making programmable treasury a reality for our customers, and we’re delighted to support Capalo AI’s finance team in building a future-proof treasury technology stack.”
About FinanceKey
FinanceKey is an AI-native, real-time treasury platform that helps finance teams manage cash, forecast cash flows, automate payments, and connect their banks with the rest of their finance systems. Companies use FinanceKey as a treasury platform, a multi-bank API aggregator, or a treasury data hub that centralises and normalises banking data for ERPs, TMS, AI applications, and enterprise data platforms.
About Capalo AI
Capalo AI is a sustainable technology company specializing in AI-driven optimization and trading of standalone and co-located battery energy storage systems. Its turnkey service, Capalo Zeus VPP™, provides route-to-market access, AI-optimized multi-market trading and optimization, Balance Responsible Party (BRP) and Balance Service Provider (BSP) services, managing everything from prequalification to lifetime value maximization. Capalo AI operates and optimizes flexible assets across seven European markets, Bulgaria, Lithuania, Latvia, Finland, Poland, and Sweden and is expanding its operations across another four European markets in 2026. The company manages 1.6 GW of batteries and 460 MWp of solar, of which 600 MW and 300 MWp are already live under trading and optimization. www.capaloai.com
