FinAPI - About the company
FinAPI is an acquired company based in Munich (Germany), founded in 2016. It operates as an API to connect & manage data from all banks of a customer. The company has 545 active competitors, including 159 funded and 62 that have exited. Its top competitors include companies like Razorpay, Cross River Bank and Tink.
Company Details
FinAPI is the product developed by TeamInvest, a financial software firm, to enable banks to offer value-added services to their customers online. It is a banking API for Fintech firms through which the customer can connect all bank accounts and further related applications can be built. For lenders it can directly verify customer account details for analysis and loan application process can be automated.
- Website
- finapi.io
- Email ID
- *****@finapi.io
Key Metrics
Founded Year
2016
Location
Munich, Germany
Stage
Acquired
Investors
Ranked
160th among 545 active competitors
Employee Count
51 as on Apr 30, 2026
Exit Details
Acquired by Fabrick (May 22, 2024)
Legal entities associated with FinAPI
FinAPI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
finAPI GmbH CIN: HRB175250 , Germany, Active | Sep 01, 2008 | - | - |
FinAPI's acquisition details
FinAPI got acquired by Fabrick on May 22, 2024.
Click here to take a look at FinAPI's acquisition in detail
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FinAPI's funding and investors
FinAPI is a funded company. FinAPI has 1 institutional investor.
View details of FinAPI's funding rounds and investors
FinAPI's founders and board of directors
Founder? Claim ProfileFinAPI's employee count trend
FinAPI has 51 employees as of Apr 26. Here is FinAPI's employee count trend over the years:
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FinAPI's Competitors and alternates
Top competitors of FinAPI include Razorpay, Cross River Bank and Tink. Here is the list of Top 10 competitors of FinAPI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
2nd | Cross River Bank 2008, Fort Lee (United States), Series D | Provider of an open banking API solutions for financial institutions | $898M | 79/100 | |
3rd | Provider of open banking platform offering payment services and data enrichment | $359M | 77/100 | ||
4th | TrueLayer 2016, London (United Kingdom), Series E | Provider of open banking platform facilitating payments and data solutions | $322M | 77/100 | |
5th | Provider of in-store and online payment, prepaid, and financial solutions | $954M | 76/100 | ||
6th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
7th | Galileo 2000, Sandy (United States), Acquired | Provider of cloud-based platform for financial technology and digital banking | $85M | 72/100 | |
8th | Provider of banking-as-a-service platform offering digital banking and payment solutions | $736M | 72/100 | ||
9th | Bud 2015, London (United Kingdom), Series B | Developer of open banking API and financial data analysis for businesses | $103M | 71/100 | |
10th | Trustly 2008, San Carlos (United States), Acquired | Open banking-enabled payment processing solution for businesses | $28.7M | 71/100 | |
160th | API to connect & manage data from all banks of a customer | - | 38/100 |
Looking for more details on FinAPI's competitors? Click here to see the top ones
FinAPI's Investments and acquisitions
FinAPI has made no investments or acquisitions yet.
News related to FinAPI
Media has covered FinAPI for 1 event in last 1 year.
•
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Fabrick Announces the Agreement to Acquire finAPI GmbHFintech Finance•May 22, 2024•Fabrick, FinAPI, Reale Group, Fabricmc and 1 other
•
Yapily to acquire finAPI in open banking consolidation moveTechCrunch+•May 10, 2022•FinAPI, Yapily, SCHUFA
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