up to €5m · Other round · Software · Madrid, Spain
Mirai RiskTech, a Madrid-based balance-sheet management software provider for banks, has secured up to €5m in venture debt financing from Inveready. Mirai’s announcement describes a closed €5m round; Inveready’s own notice specifies debt of up to €5m, so the more qualified lender wording is used here. The financing will support expansion across Europe, the UK, the US and the Middle East, alongside continued development of Mirai’s AI product line.
Founded in 2013, Mirai says its cloud platform serves more than 30 banks across 10 countries. It brings asset and liability management, liquidity, funds transfer pricing, interest-rate risk and regulatory reporting onto one data model.
One balance-sheet model can shorten decision lag
Bank treasury, risk and finance teams often calculate related exposures in separate systems, which can leave executives reconciling different versions of the same balance sheet before acting. Mirai’s commercial proposition is to put modelling, data and reporting on one governed platform, reducing the hand-offs behind stress tests and funding decisions.
The hard part is not adding an AI interface; it is earning trust in the underlying calculations. Banks will judge Mirai on model governance, traceability and integration with production data as much as speed. The debt financing gives the company room to enter new markets, but each jurisdiction also raises the cost of regulatory coverage and enterprise implementation.
