FinTecSystems

FinTecSystems

FinTecSystems is an Open Banking and Smart Data Provider. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€18—27m (Dealroom.co estimates Nov 2017.)
Company register number HRB 210653 (München)
Munich Bavaria (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
EUR201620172018201920202021
Profit(<1m)(1.3m)(1.8m)(<1m)(<1m)<1m
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DateInvestorsAmountRound
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N/A

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N/A

Seed

N/A

Series A

€4.5m

Series A

N/A

Acquisition
Total Funding€4.5m

Recent News about FinTecSystems

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FinTecSystems operates in the financial technology sector, specializing in Open Banking Data Analytics. The company provides comprehensive solutions that enable businesses to access and analyze financial data in real-time. This service is crucial for various applications such as fraud detection, credit scoring, and customer onboarding. FinTecSystems serves a diverse range of clients, including banks, financial institutions, and fintech companies, helping them make informed decisions based on precise data. The company’s business model revolves around offering a REST API that is easy to integrate into any environment, allowing clients to leverage their data analytics capabilities seamlessly. FinTecSystems generates revenue through subscription fees for their API services and customized data solutions. The market they operate in is highly competitive, focusing on digital transformation and data-driven decision-making in the financial sector. The company’s solutions are PSD2 compliant, ensuring they meet the latest regulatory standards for secure and efficient financial transactions.

Keywords: Open Banking, Data Analytics, Real-time Insights, Fraud Detection, Credit Scoring, Customer Onboarding, Financial Data, PSD2 Compliance, API Integration, Fintech Solutions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.