We are obsessed with building elegant, high-quality APIs and bank integrations, transforming legacy bank and payment infrastructure into state-of-the art products.
Open Payments connects you to multiple banks through one single unified API. This removes the complexity and frictions of many diverse integrations – saving both time and money. In other words, we are the empowering infrastructure behind your solutions. We have the solution for any FinTech, E-commerce, ERP system, subscription payment provider and other types of financial services.
Open Payments was founded in 2017 with the aim of being part of shaping open banking and the way we access and use financial services. Since then we have been developing our easy-to-use, secure and PSD2 compliant platform.
We are a Swedish VC funded start-up and one of the pioneers within PSD2 and what is referred to as Open banking. We provide a groundbreaking platform that gives you access to financial information and services so that you easily, securely and quickly can develop the best possible services for your customers and users – based on PSD2.
We are licensed by Finansinspektionen, Sweden’s financial supervisory authority, and our secure and qualitative platform supports both Account Information and Payment Initiation for both corporate accounts and private accounts.
We are a fun and ambitious team with an office in the center of Stockholm - and are now growing our diverse team to support our expansion across Europe.
Tell us a bit more about yourself, your company and your use case so we can help you get moving. Or feel free to contact us to find out more and/or try our platform for free!
An API aggregator and platform as a service (PaaS) provider that will help you automate your banking needs with regards to account & transaction information and payment initiation. As an aggregator we simplify your connectivity to the network of banking, with one single API.
The decentralization of banking services and information. Previously banks monopolized the industry, but with Open Banking the user will control and own their data and allow for other services to perform payments and collect account information on their behalf.
Open Banking is very secure. Essentially as secure as your online banking. The Open Banking API endpoints have been built by the banks themselves and have been put through extensive testing by both the banks and the regulated third Parties like Open Payments. We are regulated by the Swedish FSA and we truly rely on the PSD2 directive set out by the EU. This means that we don’t do any creative engineering or try to do shortcuts.
ISO 20022 is an traditional ISO standard for electronic data interchange between financial institutions. If you already have a setup for ISO we can replace the process and combine ISO-data and provide all information as if it was Open Banking data. Access all data via one API and reduce cost and improve processes.
“The second Payment Services Directive” (PSD2) is the legal framework setting the standard for the banks to adopt to the Open Banking landscape. It incentivises the banks to provide open APIs for anyone with a valid license to connect to.
No, Open Payments is a licensed account information & payment initiation provider by Finansinspektionen (Sweden’s financial supervisory authority). You can utilize our license free of charge, but if you are a licensed provider you can of course use your own license.
Open Banking is for your convenience and the owner of every account needs to authenticate initially for accessing data. With our PSD2-service no data is accessed without your authentication and you always know what sort of data that is provided. With Open Payments PSD2-solution this is done by the same process as you are used to, with the bank’s standard process of authentication.
Bankgirot is a Swedish institution managing pay-ins & pay-outs and therefore provides data not accessible by banks or traditional Open Banking solutions. To be able to provide full access to your business account we are connected with Bankgirot and provides all data as if it was Open Banking data, in one single API.
We have no startup fees, no hidden costs or lock-up periods for those who want to start building with our API. Best of all you can start using it for free and scale as you grow! Get started for free here!
It’s simple, you just need API Keys which you’ll receive by signing-up in our developer portal
Send us an email on email@example.com
We are always looking for talent. Visit our career page to see our current job openings.