finAPI
Enabling Open Finance. For Payments. For Risk Checks. For Account Aggregation.
54 employees · est. 2008 · Germany
Open Financial Technologies
India's largest connected finance platform for businesses.
438 employees · est. 2017 · India
finAPI is the older company (2008 vs 2017); Open Financial Technologies is the larger of the two.
Side-by-Side Comparison
| Metric | finAPI | Open Financial Technologies |
|---|---|---|
| Founded | ||
| Founded | 2008 older | 2017 |
| Headquarters | ||
| Headquarters | Germany | India |
| Employees | ||
| Employees | 54 | 438 larger |
| Industry | ||
| Industry | Not tracked yet | Financial Services, Fintech |
| Funding Stage | ||
| Funding Stage | Acquired | Series D |
| Total Funding | ||
| Total Funding | Not tracked yet | $437.40M |
| Funding Rounds | ||
| Funding Rounds | 4 | 8 |
| Services | ||
| Services | Open Finance Solutions, Banking-API Integration, Payment Processing, Financial and Risk Analysis, Identity Verification Services | Connected Banking, Business Payments, Finance Automation, GST Returns |
| Target Customers | ||
| Target Customers | Banks, Fintech Companies, E-Commerce Enterprises, Insurance Companies, SMBs and Large Corporations | Startups, SMEs, Enterprises, Retail & Ecommerce, Software & Technology, Manufacturers, Real Estate, Healthcare, Hospitality |
| Taxonomy | ||
| Taxonomy | Open Banking, Data Intelligence, KYC, Payment Services, Financial Data Aggregation, API Development, Fintech Solutions, Financial Software, Payment Initiation Services, Account Information Services, Digital Finance, Risk Analysis, Cashflow Analysis, Multibanking Solutions, Customer Data Analytics | Neobanking Platform, Financial Solutions, Payments, Tax And Compliance, Cash Flow Management, Capital Access, Payroll Management, Accounting Services, SME Financing, Business Banking, Expense Management, Connected Banking, Automated Finances |
| Website | ||
| Website | finapi.io | open.money |
About finAPI
finAPI is a leading player in the field of Open Banking in Germany, recognized and licensed by BaFin as an account information and payment initiation service. Established in 2008, the company has developed sophisticated software solutions focused on Open Banking, Data Intelligence, KYC, and Payment...
About Open Financial Technologies
Open Financial Technologies is India's leading connected finance platform for businesses. Since its establishment in 2017, OPEN has been providing a robust suite of financial solutions to streamline business payments through connected banking, along with additional tools for tax and compliance, cash...
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Compiled from the BounceWatch company index. We last looked at finAPI on 14 May 2026, and Open Financial Technologies on 19 Jun 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.