Latest Open APIs News: Finextra Research

Research/Open APIs

ISO 20022: How banks can avoid becoming a cautionary tale

04 March 2022 604 downloads

Research/Open APIs

The Future of Embedded Finance 2022

28 February 2022 1283 downloads

News/payments

Swift vets bid to make cross-border payments as easy as texting

A group of Swift veterans have unveiled a global payment addressing service for banks and fintechs that promises to make transferring money around the world as easy as sending a text message.

25 February 2022

News/wholesale

Hubuc raises $10m for 'AWS of embedded finance'

Barcelona-based Hubuc has become the latest embedded finance player to raise funding, closing a $10 million seed round co-led by WndrCo and Runa Capital.

24 February 2022

Company update/retail

Swell joins forces with i2c

i2c Inc., a leading provider of digital payment and banking technology, today announced its strategic relationship with Swell Financial Inc., Colorado-based developer of the Swell App, which will include features to automatically control spending, tackle debt, and more.

23 February 2022

News/startups

Monite raises $5m for embedded finance platform

Embedded finance automation platform Monite has raised $5 million in a round led by Point72 Ventures and joined by a host of high-profile angel investors.

23 February 2022

Company update/retail

FV Bank introduces API to give fintechs direct access to banking services

FV Bank, the U.S. licensed global digital bank that offers a vertically-integrated suite of traditional and digital asset banking and custody services to fintech and blockchain firms, has introduced its first application programming interface (API) to advance bank automation and integration for its clients’ operations.

22 February 2022

News/cloud

SoFi to buy cloud-based banking platform Technisys for $1.1bn

Online lender SoFi Technologies has agreed to buy cloud-native core banking platform Technisys in an all-stock deal worth around $1.1 billion.

22 February 2022

News/crypto

Mastercard adds crypto, open banking and ESG consulting services

Mastercard is expanding its consulting services with new practices dedicated to open banking, open data, crypto and digital currencies, and ESG.

15 February 2022

News/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.

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