Nordigen is a freemium Open Banking platform that provides free access to Open Banking data and premium data insights. Nordigen’s free API connects to more than 2,300 banks in Europe and serves fintech companies and developers in 31 European countries, including the UK.

Founder(s) 

Rolands Mesters (CEO) & Roberts Bernans (CPO)

Funding rounds and investors 

Acquired by GoCardless in July of 2022.

Number of employees 

98

Core solution

What are the company’s core solutions?

Account Information Service (AIS), premium insights, and analytics

How it works 

Nordigen is connected to over 2,300 European banks, aggregates their PSD2 data APIs in 1 API, and offers this data API free of charge to developers, fintechs, and financial institutions. In addition to the free API, Nordigen provides data enrichment, categorisation, and analytics tools as a premium service.

What problem does the company solve?

Open Banking in Europe has been expensive and inaccessible for most developers and fintechs. We’re removing barriers to accessing Open Banking by aggregating bank APIs in a single end-point and allowing businesses to use the banking data API free of charge.

Types of supported APIs/API standard supported

Our API documentation is available at: https://nordigen.com/en/account_information_documenation/api-documention/overview/

Industries/target markets 

Developers, fintechs, lenders, and banks

Geographical coverage (operational area)

UK; Europe

Number of connected banks 

Nordigen has connections to 2390 banks in Europe and the UK. In Europe: 2304 banks and UK: 86 banks. For more detailed information and a list of the connections see here: https://nordigen.com/en/coverage/

Technology

Eg cloud enabled/native cloud/on premises/hybrid

Hybrid

Software language 

Python

When was the core technology developed?

2021

Partners

Technology partners 

AWS

Distribution channels 

B2B

Business model

Pricing model 

Freemium & Pay per use

Revenue streams 

Nordigen offers value-adding data services on top of the free bank data API

Customers / Case studies

Key customers 

We work with customers with lending, PFM, accounting, and other use cases. Learn more from our partnership announcements: https://nordigen.com/en/blog/category/newsroom/

Case studies 

For more information please contact sales@nordigen.com