Open Banking Tech Platform Valuations at All Time High as Investors Eye Future Opportunities

November 19, 2021

Open_Banking_Tech
Open banking technology platforms exhibit double and triple-digit revenue growth (figure 1)
These platforms showcase triple-digit revenue multiples: Truelayer, Railsbank and Tink have valuations of more than 100x revenue (figure 2) High M&A and funding activity drives growth and valuation, and the cards schemes are also in the game (figure 2) Data aggregation and payments are the most common use cases, followed by personal finance, credit scoring, and business management (figure 3) Open banking platform services largely address banks and select verticals such as iGaming, insurance, and property management today. Payments and credit scoring are the most applied services across many verticals (figure 4)

Spotlight

Mbanq

Mbanq is a global provider of cloud banking technology. We are headquartered in North America with additional offices in Europe and Asia. We master digital banking technology: Our solution enables you to create a better bank for your customers. With Mbanq, you can run your bank on a fully compliant, vertically integrated solution, that covers the entire range of banking products for retail, corporate, and private banking. Our digital banking solutions offer everything you need to run your bank, supporting multi-currency accounts seamlessly in both crypto and fiat currencies. We offer full back-office functionality including finance, treasury, regulatory reporting, risk management, and AML. We include white-label mobile and web banking apps with a modern, digital experience. With our open banking API, you can easily extend the solution yourself or take advantage of fintech offerings.

Other Infographics
news image

B2B Payments Fintech: Empowering Business Transactions

Infographic | July 17, 2023

Explore this infographic to delve into the world of B2B fintech and gain valuable insights into how B2B payments fintech revolutionizes transactions.

Read More
news image

How To Create And Manage A Budget?

Infographic | January 23, 2020

Have you heard about BUDGET YOUR MONEY? Most of us heard about this for thousand times. If your organization or your family wants financial security, a budget is the only answer. Let’s know What is Budget? The budget is the estimate of income or expenditure for a period of time. In simple words, a budget is a financial plan based on finance and expenses. The budget involves revenues, resources, quantities, expenses, assets, etc. Some people opt to write the budget by hand, while others use a spreadsheet or budgeting apps.

Read More
news image

Why Do Businesses Outsource Financial Services?

Infographic | March 22, 2022

The most common reasons for outsourcing financial services are: Reduce Costs, Focus on Core Business, Enhance Service Quality, Access to Financial Skills and Infrastructure, Critical to Business Needs, Drive Transformational Change, and Manage Business Environment.

Read More
news image

What to expect from Open Finance in 2021?

Infographic | April 7, 2021

Open Finance involves an extension of Open Banking principles to a wider field of financial services and products. It is a new paradigm where data from multiple sources beyond banking can help build innovative and inclusive financial services. These conditions make Open Finance a perfect fit for Latin America, a region where users’ financial lives don’t take place exclusively within the walls of banks. In part, because part of the population is still underserved by traditional financial institutions: only 51 percent of adults in the region are bank account owners. And, increasingly, because emerging fintech providers are targeting these customers with digital solutions.

Read More
news image

Unscrambling the U.S. Auto Debt Explosion

Infographic | December 16, 2019

Owning a car should make life much easier. But while automobiles have become a modern necessity, for others, it’s a costly amenity. This infographic, courtesy of CarPaymentCalculator.net, shows how automotive debt has grown rapidly due to rising vehicle prices, longer loan terms and consumers increasingly opting to trade in vehicles with negative equity.

Read More
news image

How to ensure financial stability in the dynamic automotive sector

Infographic | December 20, 2019

There is a great deal of conversation around cars, more so than ever before. Technological developments, climate agreements and the mobility behaviour of consumers are causing a disruption in the automotive sector and raising many questions. When will self-driving, autonomous cars become commonplace? Should everyone invest in electric cars, and are there other alternatives to combat increasing CO2 emissions?

Read More

Spotlight

Mbanq

Mbanq is a global provider of cloud banking technology. We are headquartered in North America with additional offices in Europe and Asia. We master digital banking technology: Our solution enables you to create a better bank for your customers. With Mbanq, you can run your bank on a fully compliant, vertically integrated solution, that covers the entire range of banking products for retail, corporate, and private banking. Our digital banking solutions offer everything you need to run your bank, supporting multi-currency accounts seamlessly in both crypto and fiat currencies. We offer full back-office functionality including finance, treasury, regulatory reporting, risk management, and AML. We include white-label mobile and web banking apps with a modern, digital experience. With our open banking API, you can easily extend the solution yourself or take advantage of fintech offerings.

Events