Tag: API

 Bunkyr, a zero-knowledge security API developer, has collected $1m in pre-seed funding to support the development and delivery of its products.

Codat, which supports seamless sharing of business and financial data, has bagged $40m in funding, following it reaching a three-times annual growth rate and doubling its headcount.

The SmartStream Reference Data Utility (RDU) was founded with Tier 1 partner banks to help them improve operational control, cut cost and comply accurately with the regulators. In a short space of time, the company has already onboarded an extensive list of clients for its reference data services, but it plans to go one step further by extending its offering with an instantly deployable suite of APIs.

Weav, an API developer for commerce platforms, has reportedly launched out of stealth alongside the close of a $4.3m funding round.

As the deadline for PSD2 looms and financial services frantically try to get systems ready, application programming interface (API) standardisation would ease challenges, according to a panel at the Global RegTech Summit 2019.

Most banks in Denmark will be ready for PSD2 by its implementation date, although the quality of the APIs will be debated – and there are concerns around the readiness for Strong Customer Authentication (SCA), according to Tobias Thygesen director of FinTech, payment services and governance division at Finanstilsynet.

Synapse, a banking API developer, has closed its Series B on $33m to support its growth strategy for 2019 which includes the launch of brokerage accounts.

Open banking API developer Tink has received an investment from online payments giant PayPal.

Finnish FinTech Mash has partneres with Tink to improve its onboarding processes and financial insights for its customers.

Deutsche Bank and Serrala have launched an API interface for SEPA instant payments.