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Finscale

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Open banking APIs provider enabling scalable financial data residency solutions.

Overview

Finscale operates as a provider of open banking APIs, offering a financial data residency platform that supports various finance use cases, including open finance, decentralized finance, closed-loop finance, and social finance. The company provides a range of products, including beneficiary identity management, smart contracts, accounting ledgers, and an API stack intended for developers focused on building decentralized finance applications. Finscale targets customers within the fintech sector, addressing the requirements for secure and efficient financial data management through a micro-services architecture and data analytics capabilities. The company facilitates personalized financial services using cryptographic authentication, with the objective of improving operational efficiency for financial institutions and developers.

Key facts

Founded
2015

Business model

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About Finscale

What does Finscale do?

Finscale operates as a provider of open banking APIs, offering a financial data residency platform that supports various finance use cases, including open finance, decentralized finance, closed-loop finance, and social finance.

Where is Finscale headquartered?

Finscale is headquartered in Copenhagen, Denmark.

When was Finscale founded?

Finscale was founded in 2015.

Which sector is Finscale in?

Finscale operates in Banking Technology, part of Financial Technology.

Who are Finscale's competitors?

Companies similar to Finscale include Open Finance, FINX, and Cygnet Account Aggregation.