figo’s sophisticated platform “Banking-as-a-Service” connects modern services with more than 50 million online banking accounts in Germany and the company is targeting the Single Euro Payments Area (SEPA) in total. Furthermore figo ... … created a dynamic FinTech ecosystem … has set up a new connectivity standard to financial data … reduces complexity of banking implementation to a minimum … makes banking usable wherever it adds value … creates new touch points between consumers and our partners - startups and banks! … provides banks the opportunity to be actively involved in the change figo realized the opportunities arising from PSD2 accompanied by changing customer expectations. figo does not only provide an established banking API, but also an entire banking service platform supporting a vast number of innovative banking solutions (incl. access to bank account). The figo team believes in the impact and in the radical change in this special sector. figo successfully closed its series-A round in November 2015, which means much more than just additional growth capital. This extraordinary investment syndicate backs up the business model which gains in importance. This investment is an opportunity doing what the company does best: advancing products and proceeding in capturing Europe’s markets.
Name CEO: André M. Bajorat
Founded in: 2012
Company Twitter: @figoAPI
Category: Innovative Banking Software
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