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GoCardless, one of the leading international companies for direct bank payments, recently announced plans to acquire Freemium’s open banking data provider Nordigen. GoCardless aims to become a prominent international banking payments network through acquisitions scheduled to close in the second half of the summer.
The acquisition will enable the company to offer large-scale free open banking connections. Since its inception in 2021, GoCardless has taken several initiatives to accelerate its open banking strategy. According to the company, the acquisition is an important step towards an open banking mission.
The acquisition of Nordigen takes us to the next level. As a service to developers, partners and fintech by intelligently combining free, state-of-the-art open banking connectivity with deep payment expertise. We believe that this open access will lead to experimentation and create more compelling use cases. GoCardless co-founder and CEO Hiroki Takeuchi said. comment..
The financial details and other terms of the acquisition are not disclosed by either company.
The concept of open banking has gained great popularity throughout Europe over the last few years. Start-ups working in the open banking ecosystem have raised significant funding since early 2020. Nordigen’s free API connects to over 2,300 banks across Europe.
Rolands Mesters, CEO of Nordigen, commented: “We are pleased to work with a group of people who not only share our passion for driving innovation in financial services, but also help provide free open banking access to a much wider audience.”
GoCardless, one of the leading international companies for direct bank payments, recently announced plans to acquire Freemium’s open banking data provider Nordigen. GoCardless aims to become a prominent international banking payments network through acquisitions scheduled to close in the second half of the summer.
The acquisition will enable the company to offer large-scale free open banking connections. Since its inception in 2021, GoCardless has taken several initiatives to accelerate its open banking strategy. According to the company, the acquisition is an important step towards an open banking mission.
The acquisition of Nordigen takes us to the next level. As a service to developers, partners and fintech by intelligently combining free, state-of-the-art open banking connectivity with deep payment expertise. We believe that this open access will lead to experimentation and create more compelling use cases. GoCardless co-founder and chief executive officer Hiroki Takeuchi said. comment..
The financial details and other terms of the acquisition are not disclosed by either company.
The concept of open banking has gained great popularity throughout Europe over the last few years. Start-ups working in the open banking ecosystem have raised significant funding since early 2020. Nordigen’s free API connects to over 2,300 banks across Europe.
Rolands Mesters, CEO of Nordigen, commented: “We are pleased to work with a group of people who not only share our passion for driving innovation in financial services, but also help provide free open banking access to a much wider audience.”
