Nordigen, an open banking data provider and a GoCardless company, has teamed up with Fintellect, a financial app that helps businesses to manage and forecast their finances.
Through Nordigen's APIs, businesses can use open banking to connect their bank accounts to the Fintellect app. This will allow them to see their bank balance and expenditure in real-time in one easy-to-use dashboard.
The Nordigen integration allows Fintellect to incorporate bank data from more than 2,400 European banks in one step -- cutting down a process that could take days or even weeks to just a few seconds -- to ensure their users across more than 10 countries can easily and efficiently access bank account data. Thanks to the Nordigen integration, Fintellect users can see up to two years of their account history in addition to current transactions, enabling them to better manage and forecast their finances.
"Open banking is at the heart of our app; it's the pipe that feeds the bank account data into our dashboard. That's why it was vital to choose the best provider, one with reliable, high-quality APIs, a simple integration, and the ability to serve multiple markets. That led us to Nordigen. Thanks to its open banking connections, Fintellect users can access an up-to-the-minute picture of their financial position and forecast future cash flow, both of which will help them improve the quality and speed of their decision-making," says Danylo Golota, co-founder and CMO at Fintellect.
"At Nordigen, we are passionate about empowering small businesses to reach their full potential. Our collaboration with Fintellect is a testament to our commitment to helping small businesses increase the efficiency of their operations and make better, more informed decisions powered by open banking data. We are proud to be a part of Fintellect's journey and we look forward to supporting its growth and success," says Rolands Mesters, co-founder and CEO of Nordigen.