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underlie - Acquired by Fintech Galaxy
Information by Research TrustFinance
Founded in 2021 in Egypt by Abdelrahman Ezz, Underlie was an open banking platform-as-a-service provider. The company developed a unified API that enabled fintechs, developers, and other businesses to securely access customer financial data from various banks and initiate payments. In 2022, Underlie was acquired by the UAE-based open finance leader, Fintech Galaxy. The acquisition aimed to accelerate Fintech Galaxy's expansion in the MENA region, integrating Underlie's technology and talent into its flagship open finance platform, FINX.
Egypt
Industry
Technology
Financial