Latest Open APIs News: Finextra Research

TrueLayer and PayPal invest in South African startup Stitch

South African-based fintech API startup Stitch has sealed a $21 million Series A funding round led by The Spruce House Partnership, with investments from TrueLayer and PayPal Ventures among others.

14 February 2022

Company update/retail

Brick raises $8.5m to build a single API layer for open finance in Southeast Asia

Brick has raised $8.5 million of funding in a Seed investment round led by prominent global venture capital investors Flourish Ventures and the global venture capital firm Antler.

10 February 2022

Company update/payments

Duffel enlists Stripe for flight payments processing

Duffel, a leading flights API provider, has today announced the launch of its new payments solution, Duffel Payments.

08 February 2022

Company update/retail

Jack Henry sets out next-gen tech strategy

Jack Henry & Associates, Inc.® (NASDAQ:JKHY) announced today a next-generation, cloud-native technology strategy that will help community and regional financial institutions innovate faster, differentiate strategically, and compete successfully while serving the evolving needs of their accountholders.

07 February 2022

News/cloud

Fiserv to buy Finxact

Fiserv has struck a deal to acquire cloud-based core banking player Finxact for around $650 million.

07 February 2022

News/retail

Railsbank set to join the unicorn club - Sky News

Embedded finance platform Railsbank is on the verge of hitting unicorn status thanks to an upcoming investment round, according to Sky News.

07 February 2022

Company update/people

OBIE appoints Henk Van Hulle as CEO

The Open Banking Implementation Entity (OBIE) has announced the appointment of Henk Van Hulle as the organisation’s first Chief Executive Officer. The creation of this new position was recognised in the CMA’s recently published updated governance arrangements for OBIE, as part of a package of changes that deliver a strong and effective governance and management framework for the OBIE.

03 February 2022

Company update/people

TrueLayer appoints Karl Hagner as country manager for Sweden

TrueLayer, Europe’s leading open banking platform, today announces its expansion into Sweden with the appointment of former Adyen executive Karl Hagner as its Country Manager. A highly experienced commercial manager, with a focus on payments in ecommerce, Stockholm-based Karl will define and manage commercial strategy in the country, alongside TrueLayer’s Chief Revenue Officer Max Emilson.

03 February 2022

Company update/startups

Fiat Republic raises $3.5m to bridge the gap between Web3 and banking

London-based company Fiat Republic today announced it has secured $3.5 million in seed funding from renowned EU technology investors Speedinvest, Seedcamp and Credo.

02 February 2022

Company update/crypto

Ideal releases crypto-analytics API

Ideal, the decision intelligence firm, today announced it has launched the first-ever crypto analytics API using Pyth Network’s real-time on-chain market data.

02 February 2022

News/wholesale

Capital One partners Trovata to automate cash management for corporate clients

Trovata, a US startup specialising in automating cash workflows through multi-bank API data aggregation, has scored a distribution agreement with Capital One.

31 January 2022

Research/Open APIs

Getting tech right: Selecting the right software products to fulfil the digital demands of banking

31 January 2022 422 downloads

Company update/retail

API Metrics acquires API Science

APImetrics is acquiring API Science.

25 January 2022

Company update/markets

Clearstream launches primary market issuance API for Eurobonds

Deutsche Börse Group’s post-trade services provider Clearstream has launched its Primary Market Issuance API (PMI API) continuing to pursue innovation in the Eurobond market.

25 January 2022

News/payments

Cross-border payments startup Routefusion raises $10.5m for international expansion

Routefusion, an Austin-based startup that helps tech companies embed cross-border payments in their applications, has raised $10.5 million in a seed prime funding round co-led by Canvas Ventures and Silverton Partners.

21 January 2022

Company update/payments

Mambu and Volante team up

Market-leading SaaS banking platform Mambu, and global provider of cloud payments and financial messaging solutions, Volante Technologies, announced a pioneering collaboration to help banks and lenders modernize their banking and payment infrastructures rapidly.

20 January 2022

News/identity

Plaid buys ID verification firm Cognito

Open banking giant Plaid has acquired identity verification and compliance platform Cognito in a deal reported to be worth around $250 million.

20 January 2022

News/retail

Indian embedded finance firm M2P aims for global growth on $56 million funding round

Indian embedded finance firm M2P has raised $56 million to expand its suite of API-based services internationally.

20 January 2022

Company update/payments

Clik2Pay launches developer portal

Payment service provider Clik2pay has just launched a new developer portal on the company’s website, clik2pay.com. The developer portal houses a collection of tools that can be used to integrate Clik2pay payment solutions seamlessly into retailers’ own products.

18 January 2022

Research/Open APIs

Open Banking Europe 2022 - What’s next for Open Banking?

18 January 2022 1330 downloads