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Open Bank Project
Berlin, Germany
A
1-10 Employees
-
Key takeaway
The Open Bank Project is a key player in the open banking landscape, offering an open source API solution that helps financial institutions implement effective API strategies. With over 11 years of experience and collaboration with major banks, the company actively supports the development of Open Banking legislation and educates the market on the opportunities it presents.
Reference
Product
innovation Archives - Open Bank Project
ndgit
Munich, Germany
A
11-50 Employees
2016
Key takeaway
ndgit is at the forefront of shaping the future of open banking through its leading Open-Finance platform, which utilizes open APIs to enhance connectivity for financial services. By integrating innovative market offerings, ndgit significantly advances the development and distribution of open banking-based products.
Reference
Product
ndgit: Open Finance Solutions
FinAPI
Munich, Germany
A
11-50 Employees
2008
Key takeaway
finAPI provides a robust Open Banking API, facilitating secure connections between businesses, banks, and users. Their platform also offers comprehensive data intelligence solutions, enhancing financial data analysis and supporting compliance with PSD2 regulations.
Reference
Core business
finAPI | Enabling Open Finance | Banking-API
finAPI | Banking API zur Anbindung von Konten & Finanzdaten ✓ Data Intelligence ✓ Payment ✓ KYC ✓ 30 Tage kostenlos testen ▶ Jetzt informieren
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finleap connect
Hamburg, Germany
A
101-250 Employees
2019
Key takeaway
Qwist is a key player in the Open Banking sector, offering innovative solutions that leverage data to enhance business value and streamline financial services. With over 11 years of experience, Qwist provides advanced connectivity and enrichment services that go beyond traditional APIs, supporting a more open and regulated data landscape.
Reference
Core business
finleap connect | Bringing Financial Transactions to Life | Open banking
We, finleap connect, enable partners to deliver seamless, digitized financial services to customers with our full-stack Open Banking platform
adorsys
Nuremberg, Germany
A
51-100 Employees
2006
Key takeaway
Adorsys specializes in open banking structures, offering a comprehensive Open Banking Gateway that enhances digital payment services for banks and third-party providers, ultimately improving customer experiences and driving growth. With over 15 years of experience in digital finance, adorsys is committed to helping businesses navigate the complexities of open banking compliance and integration.
Reference
Product
Open Banking Gateway — adorsys
Make Money count with Open Banking. One solution for all bank interfaces. Moduls for Multibanking and GDPR data protection. Quick integration
EFDIS AG Bankensoftware
Freising, Germany
A
51-100 Employees
1996
Key takeaway
EFDIS AG specializes in providing a secure and flexible banking platform for financial institutions, with a particular emphasis on open banking solutions. Their EFDIS.CIFRA core banking software and EFDIS.ONLINE services facilitate fast and secure online banking transactions, while their commitment to open financial ecosystems and compliance with PSD2 regulations supports effective access to accounts and regulatory reporting.
Reference
Service
Open Banking – EFDIS AG Bankensoftware
Banxware
Berlin, Germany
A
11-50 Employees
2020
Key takeaway
Banxware is revolutionizing business lending through its embedded lending technology, which allows digital platforms to provide seamless access to capital for their sellers. By integrating their lending solutions directly into partner dashboards, Banxware empowers marketplaces and aggregators to offer easy, digital business loans, facilitating growth and financial support for merchants.
Reference
Product
Banxware | Grow your platform with easy merchant finance
Scale your offering with revenue-based business loans: Banxware enables platforms to offer easy access to merchant cash advances right from the dashboard.
finleap connect
Berlin, Germany
A
51-100 Employees
2019
Key takeaway
Qwist is a leader in the Open Banking and Finance sector, providing innovative solutions that enhance business value through data. With a strong focus on regulatory compliance and advanced connectivity, Qwist offers seamless Payment Initiation services that simplify payment processing and support business growth.
Reference
Product
Payment Initiation Solutions by Qwist - Qwist
Qwist offers Payment Initiation solutions via Open Banking, simplifying payment processing.
Mockbank
Munich, Germany
A
1-10 Employees
2020
Key takeaway
MockBank is designed to enhance the development of financial applications, specifically addressing the challenges of testing in open banking environments. It provides an advanced sandbox for Open Banking and PSD2, facilitating seamless transaction management between counterparties.
Reference
Core business
MockBank
Advanced Open Banking & PSD2 sandbox
SAP Fioneer
Walldorf, Germany
A
501-1000 Employees
2021
Key takeaway
The company envisions open and innovative financial services driven by technology, emphasizing the importance of reliable and flexible solutions in a rapidly changing landscape. With a focus on end-to-end solutions for banking and insurance, they position themselves as a trusted partner for organizations looking to innovate and adapt.
Reference
Core business
SAP Fioneer | World-class software solutions for financial services
Innovative, reliable and scalable software and platform solutions that empower banks, insurers and challengers to grow and transform at speed.
Technologies which have been searched by others and may be interesting for you:
The Open Banking industry in Germany is shaped by several key considerations that potential entrants should explore. Regulatory compliance is paramount, as the European Union's Revised Payment Services Directive (PSD2) mandates banks to provide third-party access to customer data, fostering innovation but requiring adherence to stringent security protocols. The competitive landscape is rapidly evolving, with traditional banks and fintechs vying for market share, highlighting the need for differentiation through innovative services and customer experience. Challenges include navigating complex regulatory environments and addressing consumer concerns regarding data privacy and security. However, opportunities abound, particularly in developing new financial products and services that enhance customer engagement and financial inclusion. Environmental, social, and governance (ESG) factors are also gaining traction, influencing consumer preferences and investment decisions within the sector. Moreover, as the Open Banking model gains traction globally, German companies must remain agile to adapt to international competition and trends. Understanding customer needs and leveraging technology, such as artificial intelligence and machine learning, can enhance service offerings. This dynamic ecosystem presents both challenges and opportunities, making it essential for stakeholders to stay informed and responsive to market changes.
Some interesting numbers and facts about your company results for Open Banking
Country with most fitting companies | Germany |
Amount of fitting manufacturers | 294 |
Amount of suitable service providers | 227 |
Average amount of employees | 51-100 |
Oldest suiting company | 1996 |
Youngest suiting company | 2021 |
Some interesting questions that has been asked about the results you have just received for Open Banking
What are related technologies to Open Banking?
Based on our calculations related technologies to Open Banking are Education, Engineering Services, IT & Technology Services, Healthcare Services, Consulting
Which industries are mostly working on Open Banking?
The most represented industries which are working in Open Banking are IT, Software and Services, Finance and Insurance, Other, Consulting, Marketing Services
How does ensun find these Open Banking Companies?
ensun uses an advanced search and ranking system capable of sifting through millions of companies and hundreds of millions of products and services to identify suitable matches. This is achieved by leveraging cutting-edge technologies, including Artificial Intelligence.