- The transaction has been structured as debt financing of up to €5 million through Inveready’s Venture Debt platform.
- The investment will accelerate Mirai’s growth across Europe, UK, US and Middle East, while strengthening its presence in key markets such as Spain.
- With more than 13 years of experience, Mirai has evolved from an ALM specialist consultancy into a leading SaaS platform for integrated bank balance sheet management, combining cloud technology and artificial intelligence.
Mirai RiskTech (“Mirai”) has secured up to €5 million in debt financing from Inveready, through its Venture Debt strategy. The financing will be drawn down in tranches as the company achieves certain business milestones and has a four-year term. The transaction also includes a minority equity kicker component.
Founded in Madrid in 2013, Mirai is a global risk technology company specialising in Asset and Liability Management (ALM), financial risk and regulatory compliance for banks. With more than 13 years of experience, it has evolved from a specialist consultancy into a SaaS platform, establishing itself as an independent and recognised player in its niche, with a presence in Madrid, London, Mexico, Boston, New York and Miami.
Mirai’s platform integrates Interest Rate Risk in the Banking Book (IRRBB), liquidity, Funds Transfer Pricing (FTP) and regulatory reporting within a single data model, replacing the fragmented systems traditionally used across treasury, risk and finance functions within banks. This integration provides finance and risk teams with a consistent view of the same figures, reducing the time between changes in market conditions and balance sheet decisions.
Another key strength of Mirai’s value proposition is the combination of a cloud-native architecture with generative AI and deep learning. Through its Mirai AI Modeling solution, clients can build and operationalise behavioural models using statistical and machine-learning techniques embedded directly into production workflows, with continuous self-calibration. Mirai AI Agent, meanwhile, incorporates expert intelligence in ALM, liquidity risk and banking regulation, generating natural-language insights with full traceability.
Treasury and ALM teams operate in an environment characterised by faster-moving markets, increasing regulatory requirements and tighter deadlines. Many financial institutions still manage treasury, ALM, risk and finance through fragmented systems and inconsistent methodologies that were not designed for today’s level of complexity. Against this backdrop, a new generation of financial institutions is moving towards integrated platforms that deliver greater transparency, consistency and performance. Mirai already works with a number of these institutions, including Banco Santander and Aresbank, in a market where purchasing decisions typically recur approximately every five years.
“Banks have historically managed treasury, ALM, risk and finance through separate systems, making it difficult for CFOs and CROs to work from the same set of figures,” said Olmo Vázquez, Chief Executive Officer and co-founder of Mirai. “Our goal is to provide them with a single, governed source of truth, with artificial intelligence embedded into the core of the platform rather than added as an additional layer. This investment will enable the company to bring this approach to more financial institutions internationally.”
“This transaction reflects our conviction in teams building best-in-class technology for high-value, highly regulated segments” said Ignacio Puig, General Partner at Inveready. “Mirai combines deep expertise in risk and ALM with an artificial intelligence platform that addresses a genuine need in banking amid an increasingly complex regulatory environment. Through our Venture Debt platform, we support a non-dilutive financing model that enables founders to retain control of the company while accelerating international growth.”
With this financing, Mirai will strengthen the commercial and go-to-market strategy for its SaaS platform over the next five years across its strategic markets in Europe, the UK and the Americas — including Boston, New York, Miami, Mexico, Argentina and Chile — while also expanding its business development activities in the Middle East. The company will thereby further strengthen its position as an independent specialist in integrated balance sheet management.
