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finAPI

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finAPI GmbH

Banking Software and API

About finAPI

finAPI was founded 2008 by Dr. med. Florian Haagen and Dr. Martin Lacher. The medium-sized fintech company is today an experienced provider of software for banks and other financial service providers.

As a long-established fintech company, finAPI offers a standardized API to enable multibanking and digital account management services that banks, savings banks and other financial service providers want to make available to their customers.

At their headquarters in Munich they develop and implement sophisticated data integration and analysis solutions based on artificial intelligence technologies that are delivered to their customers via online access (cloud service) or operated in-house. Their finAPI REST API platform provides secure access to currently 58 million end user accounts and is used by major international institutions and companies. The cooperation with a certified high-performance data center and reliable support services ensure safe and high-performance operation. Thus, from today's perspective, the requirements for the secured XS2A (Access to Account) according to PSD2 can be met.

Former name: TeamInvest

Acquired (75%) by Schufa in 2019. Schufa sold its stake to Fabrick , Italy, in May 2024.

Funding

€25m

Valuation

Financials (€m)

YearRevenueEBIT
2019 €3.8m €400k
2020 €6m €300k
2021 €5.6m €-200k
2024 €7m