Basiq logo — The Building Blocks of Financial Services

Basiq

The Building Blocks of Financial Services

Founded 2017 Australia Australia 55 employees Acquired Total: $10.00M Finance, Financial Services +2

General Information

Company Name Basiq
Founded Year 2017
Location Australia Australia
Employees 55
Industries Finance, Financial Services, Fintech +1
Funding Stage Acquired
Business Model B2B, API, Platform
Revenue Model Usage Based, Subscription, Service Fee
Social

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About Basiq

Basiq, with its slogan "The Building Blocks of Financial Services", has emerged as a pivotal player in the Fintech space since its inception in 2017. Headquartered in Australia, the company is on a mission to simplify financial decision-making for consumers through innovative means.

Through its Open Finance API platform, Basiq empowers businesses by facilitating access to consented financial data and integrating payments services. This has allowed the company to forge partnerships with some of the most rapidly expanding Fintechs and banks in the region, positioning itself as an indispensable tool for developing creative financial solutions.

Part of the Cuscal Group, Basiq received a Corporate Round investment on 23 November 2021, with backing from a major industry player, Visa. This partnership underscores Basiq's credibility and growth potential within the financial services industry.

Business keywords: Open Finance API, Financial Data Aggregation, Personal Financial Management, Account Verification Services, Credit Scoring, Credit Risk Assessment, Wealth Management, Financial Institutions Access, Payments Services, Fintech Solutions, Consumer Data Right, Open Banking, Digital Banking, Machine Learning in Finance, Financial Technology Integration

Services & Products

Financial Data Aggregation
Customer Financial Insights
Compliance Management
Transaction History Retrieval
Account Verification

Target Customers

Banks Fintech Companies Lenders NFP Organizations Wealth Management Firms Developers

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition Undisclosed 1
Cuscal
01 Mar 2023
Early VC Undisclosed 6
Salesforce Ventures, Westpac +4
01 Nov 2021
Early VC $10.00M 1
AP Ventures
01 Apr 2021
Early VC Undisclosed 2
Reinventure, Salesforce Ventures
01 Sep 2019
Seed Undisclosed 3
Reinventure, NAB Ventures +1
01 Jun 2017

Basiq Alternatives & Competitors

View All Alternatives
Basiq vs
Tink
Tink Sweden

We power the new world of finance.

Venture round
297 employees
Financial Services, Fintech
Basiq vs

Open Banking Aggregator: Better Data, Better Business

Pre-Seed
23 employees
API, Finance
Basiq vs
Flinks
Flinks Canada

The embedded finance platform for connectivity, intelligence, and payments.

Series B
92 employees
API, Analytics

FAQ About Basiq

The Building Blocks of Financial Services
Basiq was founded in 2017.
Basiq is headquartered in Australia.
Basiq operates in Finance, Financial Services, Fintech and Banking. Its work centres on Open Finance API, Financial Data Aggregation, Personal Financial Management and Account Verification Services. Its customers include Banks, Fintech Companies and Lenders.
Basiq has a B2B, API and Platform business model. Its revenue comes from Usage Based, Subscription and Service Fee.
Basiq has approximately 55 employees.
Basiq has completed 5 funding rounds, raising a total of $10.00M. The latest funding stage is Acquired.
Basiq offers: Financial Data Aggregation, Customer Financial Insights, Compliance Management, Transaction History Retrieval, Account Verification.
Top alternatives and competitors to Basiq include Tink, Wealthreader: The API for Those Who Choose to Know, Flinks, Mono, Bud. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Basiq and Tink are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Basiq, https://bouncewatch.com/company/basiq, updated 12 March 2026. When citing, please name BounceWatch and link this page.

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