Latest Open APIs News: Finextra Research

Fiserv to buy Finxact

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

07 February 2022

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

Company update/payments

Pay360 and Ordo partner to drive open banking payments in the public sector

London, UK – 17 January 2022 – Pay360 by Capita and Ordo today announce a partnership that will integrate Ordo’s open banking platform within Pay360’s payment services solution.

17 January 2022

News/wealth

WealthKernel raises $7m

WealthKernel, a provider of digital investment services and infrastructure, has raised $7 million in a Series A+ funding round by XTX Ventures.

17 January 2022

News/retail

OBIE celebrates 4.5 million users on open banking anniversary

Marking the fourth anniversary of PSD2 becoming a regulatory requirement across the EU, the UK’s Open Banking Implementation Entity (OBIE) has issued a statement citing substantial adoption of the initiative across 3.9 million consumers and 600,000 small businesses.

13 January 2022

Company update/retail

Moneyhub launches Open Banking and Open Finance front line support service

Moneyhub, the award-winning Open Data platform that enables companies to transform data into personalised digital experiences and initiate payments, now offers its front line support service to platform clients to help them capitalise on the boundless Open Banking and Open Finance opportunities.

11 January 2022