CONSUMERS - Q1 New Products aimed at SMEs
(N=126)
Financial Management (Business or Personal)
Cashflow and balance transfer management
Debito
Bank/Fintech APIs used:Spar Nord Bank
Platform for automated merchant payments, customer management, inventory management and other cashflow management services for small businesses
Financial Management (Business or Personal)
Cashflow and balance transfer management
Iugu
Bank/Fintech APIs used: Conta Azul
Platform APIs available: 16
Platform to automate sending/receiving merchant payments and cashflow management for small businesses
Banking Operations
Account/API Aggregation services
Nordic API Gateway
Bank/Fintech APIs used: Danske Bank
Open banking platform to aggregate financial services partnering with banks in Nordic countries.
Banking Operations
Account/API Aggregation services
Prometeo
Bank/Fintech APIs used:Banco Bradesco, Itau Unibanco Holding, Banco del Pacifico, Citi Mexico, Santander Mexico, BBVA Mexico
Open banking platform to aggregate financial services covering banks in Argentina, Brazil, Chile, Colombia, Ecuador and other Latin American countries
Account/API Aggregation services
Elo
Platform APIs available: 5
Card issuing firm accepted in 185 countiries which supports prepaid/credit transactions
Account/API Aggregation services
Hubuc
Platform APIs available: 1
Banking as a service platform to aggregate financial services including issuance od debit or credit cards
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Account/API Aggregation services
Sila
Bank/Fintech APIs used: Plaid Financial
Platform APIs available: 3
Banking application to aggregate and link bank accounts to store and transfer money
Payments
Ecommerce Payments
Pagar me
Bank/Fintech APIs used: Visa, Mastercard, American Express, elo, Diners Club, Discover, Hipercard, Aura, JCB
Platform APIs available: 4
Enables payments processing for online merchants, primarily e-commerce websites
Regtech
Digital Identity
Appruve
Bank/Fintech APIs used: Sterling Bank
Platform APIs available: 1
Platform for customer data verification and automate fraud detection and compliance across Africa
Regtech
Digital Identity
Brick
Bank/Fintech APIs used: BCA, Mandiri, BNI, BRI
Platform APIs available: 5
Automates financial data verification for fintech developers for them to further offer financial products and services
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.