Open APIs

823 articles tagged with this keyword

/startups

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.

/cloud

Fiserv to buy Finxact

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

/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.

/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.

/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.

/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.

/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.

/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.

/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.

/devops

ISD FENIQS launches low-code connector for Nordigen's API

IT consulting agency, ISD FENIQS, has today launched a low-code connector on the Outsystems platform, which works with account information on Nordigen's API.

/identity

iDenfy launches new phone verification service

Identity verification service company in Europe, iDenfy, has launched an enhanced version of phone verification.

/retail

MoneyLion to acquire Even Financial for $440 million

Mobile banking platform MoneyLion is to buy embedded finance marketplace Even Financial for a total consideration of $440 million.

/devops

APImetrics and Finextra launch open access fintech, open banking and crypto API data dashboard

Finextra Research and APImetrics - the industry’s only analytics-driven API performance solution provider - have collaborated to offer the first open access dashboard that will monitor real-world performance of fintech, open banking, PSD2 payments and crypto APIs.

/startups

Visa invests in Latin American open finance startup Belvo

Visa has invested in Belvo, backing up a recently-announced partnership with the Mexico City-based open finance API platform.

/wholesale

Funding Circle moves into embedded finance

Funding Circle has moved into the embedded finance market, providing third party firms with a single API to offer loans of up to £500,000 to small businesses within their own website.

/payments

Deutsche Bank launches Swift Beneficiary Account Verification service

Deutsche Bank has rolled out Swift's new Beneficiary Account Validation (BAV) service, enabling clients to verify payee account details before an international payment instruction is sent.

/startups

Open finance challenge winners unveiled

An Australian startup working to green the housing market has won a global open finance challenge run by NAB, CIBC, Itaú Unibanco and NatWest.

/security

Plaid backs new fintech data security framework

A group of fintech and security compliance companies, including Plaid, MX and Flinks, are setting up a framework designed to strengthen how they protect consumer financial information.

/startups

Investing API Atomic raises $25m

Atomic, a US outfit that provide an API to help banks and fintechs integrate investing into their products, has launched with $25 million in Series A funding.

/sustainable

Standard Chartered taps Starling BaaS platform for green savings product

Standard Chartered's innovation arm has enlisted the help of Starling Bank for a digital platform that will help UK savers invest in green and sustainable projects.