New products aimed at Individuals/Household end users
Q1 2021 (N=143)
Payments
P2P Payments
Mobile pay
Bank/Fintech APIs used: Dankse Bank
Platform APIs available: 5
Platform that enables mobile payments between individuals as well as small businesses in Denmark and Finland
Payments
Card & Wallet Management
I.saku
Bank/Fintech APIs used: Bank Rakyat Indonesia
Mobile wallet that enables bill payments, online payments, p2p payments as well as issuing new cards
FX
Transferzero
Platform APIs available: 1
Platform that enables payments & transfers between Africa and Europe while also providing online lending and banking services
Merchant Payments
Dlocal
Platform APIs available: 2
Allows online payments to merchants including online retailers, SaaS companies, online marketplaces across Latin America, Asia Pacific, Middle East and Africa
Financial Management (Business or Personal)
Account keeping and budgeting
Young Money
Bank/Fintech APIs used: Spar Nordbank
Application aimed at young individuals that allows tracking of expenses and helps in budgeting while also giving insights to save and grow their money
Banking Operations
Financial Management
Digital Banking
Wise
Bank/Fintech APIs used: BBVA USA
Allows opening of online accounts acting as a digital bank which further offers banking services like card issuance and money transfers
Lending
Consumer credit Services
Krungsri Consumer
Bank/Fintech APIs used: Mitsubishi UFJ Financial Group
Platform APIs available: 3
Subsidiary of Krungsri Consumer, that offers diverse lending services for individuals as well as small businesses including consumer loans, credit cards and factoring
Leading
Alternative lending
Kiva
Bank/Fintech APIs used: Paypal
Platform APIs available: 1
Online alternative lending platform for primarily students, freelancers and self-employed.
Blockchain/Crypto
Crypto Exchange trading
Bitbay
Platform APIs available: 2
Europe based cryptocurrency exchange for retail traders and investors offering over 30 digital currencies
Methodology: Platformable tracks all fintech globally that are accredited or known to use bank APIs. We then review what products they are making available and tally them according to category, and we measure other characteristics such as their target customer segments and business model/monetisation approaches. We review each fintech at least once every three months.