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Oolys

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Open banking API provider enhancing financial institutions' platform capabilities.

Overview

Oolys operates as a provider of open banking APIs, with a focus on enabling financial institutions to create and market API products. The company offers production-like test environments, prototyping tools, and a marketplace of templates aimed at simplifying the API development process for third-party providers. Oolys emphasizes compliance with industry standards, including the OpenID Foundation's FAPI profile and PSD2, to address the challenges related to time and cost-to-market for third-party providers (TPPs). The platform is designed for financial institutions that aim to enhance their platform business models, which may lead to a more competitive developer experience and promote innovation in the areas of open finance and open insurance.

Key facts

Founded
2018

Business model

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About Oolys

What does Oolys do?

Oolys operates as a provider of open banking APIs, with a focus on enabling financial institutions to create and market API products.

Where is Oolys headquartered?

Oolys is headquartered in London, United Kingdom.

When was Oolys founded?

Oolys was founded in 2018.

Which sector is Oolys in?

Oolys operates in Banking Technology, part of Financial Technology.

Who are Oolys's competitors?

Companies similar to Oolys include TurnkeyIO, Common API, and TAPIX.