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finleap connect secures 22 mln in Series A round

Thursday 17 June 2021 12:44 CET | News

finleap connect has raised EUR 22 million as part of a plan to create a pan-European Open Banking platform.

The Series A round is led by global fintech investor SBI Investment, along with participation from Ilavska Vuillermoz Capital and commitments from existing investors, including finleap.

finleap connect’s platform enables its partners to connect to more than 3,600 banks across Europe through a single API, processing over 65 million transactions per month.

The focus of finleap connect's future strategy is to enable a roll-out of its entire product portfolio to other European markets. This will involve expanding connectivity across Europe with a special focus on Spain and Portugal, supporting the international growth of its customers. Alongside, finleap connect will further develop its services, enhancing the use of financial data and targeting new market segments.


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Keywords: funding, Open Banking, API
Categories: Banking & Fintech
Companies:
Countries: Germany
This article is part of category

Banking & Fintech