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Opnfi

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Open banking APIs enabling financial service integration for businesses.

Overview

Opnfi is a provider of open banking APIs that facilitates the integration of financial services into business platforms, with a focus on companies in the global south, including India, ASEAN, and GCC countries. The company offers a range of products that include payments, lending, insurance, and wealth management through its Opnfi APIs. Opnfi aims to address the issue of limited access to financial services by enabling businesses to offer personalized financial solutions based on data, which may enhance customer engagement and conversion rates. The company's revenue model is primarily based on processing fees for transactions, and it collaborates with various distribution partners to deliver embedded finance solutions, utilizing AI technology for service delivery.

Key facts

Founded
2023

Business model

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About Opnfi

What does Opnfi do?

Opnfi is a provider of open banking APIs that facilitates the integration of financial services into business platforms, with a focus on companies in the global south, including India, ASEAN, and GCC countries.

Where is Opnfi headquartered?

Opnfi is headquartered in Singapore, Singapore.

When was Opnfi founded?

Opnfi was founded in 2023.

Which sector is Opnfi in?

Opnfi operates in Banking Technology, part of Financial Technology.

Who are Opnfi's competitors?

Companies similar to Opnfi include NanoBNK, Riverinnovfin, and FutureBank.