Qwist

Qwist is a Germany-based startup striving to revolutionize the finance industry with their smart data solutions. Founded in 2019, the company specializes in accessing, analyzing, and leveraging financial data while connecting third-party providers with banks' account information. By enabling access to customer data from 99% of bank accounts, Qwist's capabilities as a regulated financial institution make them a valuable partner for businesses lacking licenses. Moreover, they facilitate substantial financing, amounting to €374 million in annual loans, and serve over 100 customers in the DACH region, Spain, and Portugal. Notable investors, including Finleap, SBI Investment, and Ilavska Vuillermoz Capital, recently showed confidence in Qwist with a €22.00M Series A investment in June 17, 2021. With their comprehensive approach to Open Finance and the endorsements from prominent backers, Qwist is poised for further growth and influence in the API, B2B, Financial Services, Fintech, Platforms, and Banking industries.