FintechBlocks

FintechBlocks is a Hungary-based startup that was founded in 2017. The company focuses on the financial services and fintech industries and has garnered significant attention in the industry. FintechBlocks is known for its Open Banking Innovation Platform, which facilitates faster and more efficient cooperation between banks and fintechs. The platform offers distinct benefits to both banks and fintechs. Banks can access a microservice cloud in-house to seamlessly run fintech APIs from various partners. Additionally, there is a Fintech App Store where banks can showcase the applications built using these APIs. On the other hand, fintechs can leverage an API marketplace to offer their APIs and white-label solutions to banks, complete with integrations based on Open Banking standards. In terms of funding, FintechBlocks secured a Seed Round investment on 01 June 2018. The investors in this round were MKB Fintechlab and Nestholma. Overall, FintechBlocks presents an innovative and promising solution for enhancing collaboration within the financial services sector, particularly between traditional banks and fintech companies. With its forward-thinking approach and support from notable investors, FintechBlocks is poised to make a significant impact in the industry.