The company aims to get more start-ups and scale-ups onboard. According to Instantor, by using the bank API developers will have access to transactional data from over 300 banks in 25 countries, with the potential to reach half a billion people.
The WDSK initiative includes access to several unnamed markets outside new open banking legislation. The authentication and the end user’s interaction with banks are handled by Instantor, and the data can be accessed once the end user has given their consent.
The WDSK can be accessed for free to new Instantor customers, until 31 December 2018.
The company adds that the best ideas and products built using its API will be published and presented in the first quarter of 2019.
Instantor was founded in 2010 and has offices in Stockholm; Zagreb, Croatia; and Malaga, Spain.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.