About FinAPI
FinAPI is a company based in Munchen (Germany) founded in 2016 was acquired by Fabrick in May 2024.. FinAPI offers products and services including Open Banking API, Data Intelligence, and Payment Services. FinAPI operates in a competitive market with competitors including Tink, Prime Trust, ndgit, AuthBridge and Volt, among others.
- Headquarter Munchen, Germany
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Finapi Gmbh
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Products & Services of FinAPI
FinAPI offers a comprehensive portfolio of products and services, including Open Banking API, Data Intelligence, and Payment Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
API for secure financial data access and aggregation.
Tools for cashflow reports and risk assessments.
Services for SEPA transfers and instant payments.
Funding Insights of FinAPI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in FinAPI
FinAPI has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Yapily, Fabrick and SCHUFA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Open banking platform is developed for fintech firms and banks.
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Platform offering open banking API solutions for payment infrastructure to banks and businesses
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Credit reporting and information services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by FinAPI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - FinAPI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finapi Comparisons
Competitors of FinAPI
FinAPI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tink, Prime Trust, ndgit, AuthBridge and Volt, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Tink is recognized as a leading European open banking platform.
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| domain | founded_year | HQ Location |
Open banking API solutions for banks and financial institutions
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| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
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| domain | founded_year | HQ Location |
Volt is recognized as a provider of real-time payment solutions globally.
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| domain | founded_year | HQ Location |
A financial infrastructure is provided for payments and banking by Ivy.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Finapi
Frequently Asked Questions about FinAPI
When was FinAPI founded?
FinAPI was founded in 2016.
Where is FinAPI located?
FinAPI is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
What is the annual revenue of FinAPI?
Annual revenue of FinAPI is $266.86M as on Dec 31, 2020.
What does FinAPI do?
FinAPI was founded in 2016 in Munich, Germany, by TeamInvest, a financial software firm. It operates as a banking API in the fintech sector, allowing customers to link all their bank accounts for data management. Value-added online services are enabled for banks, while related applications are built on the platform. Lenders use it to verify account details directly, supporting automated loan processes and analysis.
Who are the top competitors of FinAPI?
FinAPI's top competitors include Tink, AuthBridge and Ivy.
What products or services does FinAPI offer?
FinAPI offers Open Banking API, Data Intelligence, and Payment Services.
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