Company Information

Get to know Open Bank Project

Open Bank Project is an open-source API platform designed to help financial institutions comply with Open Banking regulations (such as PSD2), enhance their digital offerings, and foster a fintech ecosystem. The project provides banks with a standardized, secure API layer that allows them to connect with third-party developers and applications. Originally started as a community-driven open-source initiative, it is now commercially managed and supported by the Berlin-based fintech company TESOBE GmbH, which offers enterprise versions and professional services.

Industry

Technology Software DevelopmentPRIMARY
Financial Banking
Financial Other Service

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Open Bank Project

N/A

Founded in

2012 (14 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.