COMO Digital Life chooses SAP Fioneer to unlock a new era of cash and liquidity management
Published on: 12 June 2025
Munich, Germany – June 12, 2025 – COMO Digital Life (“COMO”), the Luxembourg-based payment services provider that is redefining corporate banking, has chosen SAP Fioneer’s Virtual Account Management (VAM) solution to enhance its platform with next-generation treasury and cash management capabilities.
Best known for its multi-currency banking and API-driven payment services, COMO aims to empower corporate clients and partner banks to manage sophisticated in-house banking operations without the hassles of building them from scratch. By integrating SAP Fioneer’s VAM, COMO will provide clients with an off-balance-sheet virtual account structure that delivers real-time treasury insights, seamless reconciliation, and precise liquidity control.
“Our clients want more than accounts and payments. They want the confidence to move cash exactly when and where it’s needed,” said Angela Nickel, Group CEO & Founder of COMO Digital Life. “SAP Fioneer’s VAM gives us the agility to embed high-end cash management tools directly into our digital platform so that treasurers can manage liquidity more intuitively.
The upcoming release will let corporates:
- Open and structure unlimited virtual accounts in various currencies under their naming conventions.
- Automate payment initiation, routing, and reconciliation across subsidiaries and third parties.
- Operate true on-behalf-of (OBO) models for collections and disbursements.
- View cash positions instantly with live dashboards and API integrations into ERP and TMS systems.
“COMO shows how a digital-first provider can match, and even exceed, what the largest transaction banks deliver,” added Dr. Christian Geist, Director of Banking Innovation at SAP Fioneer. “With VAM and our integrated liquidity management suite, COMO’s customers will gain the control and transparency they need in the fastest-moving markets.”
About COMO Digital Life
COMO Digital Life (www.como-dl.com) is a regulated Payment Institution (PI) authorized and supervised by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF). Through its cloud-native, API-driven platform, COMO provides corporations and financial institutions with multi-currency accounts, virtual IBANs, In-house Banking as a Service, embedded Banking‑as‑a‑Service, and AI-powered compliance, making sophisticated treasury capabilities accessible, intuitive, and future-proof.
Media Contact: [email protected]
About SAP Fioneer
https://www.sapfioneer.com
SAP Fioneer was launched in 2021 as a joint venture between global technology leader SAP and entrepreneurial investor Dediq to become the world’s leading provider of financial services software solutions and platforms. With a broad ecosystem of partners, over 1,200 financial services customers and more than 1,300 employees, SAP Fioneer is a global business present in 17 countries across Europe, North and Latin America, Middle East and Asia-Pacific.
By combining the speed and agility of a start-up with the proven capabilities of a best-in-class software company, SAP Fioneer enables banks, insurance companies and challengers to run, transform and grow while meeting their need for speed, scalability, and cost-efficiency through digital business innovation, cloud technology, and solutions that cover banking and insurance processes end-to-end.
