Palm, a Stockholm and Amsterdam-based fintech startup, raised $6.1M to enhance cash management solutions for enterprise treasury.

Speedinvest and Target Global led the round, with Upfin, Liquid2, and Greens as participants. Angel investors included Job van der Voort and Philippe Teixeira da Mota.

Funds will support expanding the team across product, engineering, and go-to-market roles.

Co-CEOs Gurjit Pannu and Christian Sobkowski founded Palm, which offers an AI-powered platform for treasury management, benefiting large enterprises.