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FINQware

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Short description
Open Banking at work for businesses. Enterprise class financial data provider, helping mid sized companies leverage open banking.
Description
Our product is a API middleware platform with a single point of contact (API/SDK) at output available for different interesting companies (businesses - including enterprises, banks and fintechs) with financial data provided by banks and other financial providers. At input we leverage PSD2 APIs from banks, custom data exposure API and product wrapping APIs. The input connections are seen as "skills" and the data is enriched in our infrastructure and then exposed at the output end to tenants that can build frontend applications and services in order to create value it. Creating "skills" from digitalising sales origination processes with financial providers, we are also feeding cross-border financial marketplaces (like digital wallets, online e-commerce businesses) with a new revenue stream from commissions on financial products sales, increasing the distribution coverage of banks and financial providers, through a new channel for acquiring customers.
Last funding
Noaccess
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Total funding
$$3123123
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Location
Bucharest, Bucuresti, Romania, Europe
Founded on
February 15, 2018
Non-profit?
No
Acquired?
No
Employees count
1-10
Revenue range
$56378 - 90123
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Investors
Noaccessforu, Uh Ohhhh, Noaccess, Noaccess
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Founders
Cosmin Cosma, Danut Covalciuc, Dumitru Taraianu