Fabrick acquires finAPI to enhance Open Banking
06/18/25, 11:29 AM
Location
Industry
fintech
finance
banking
fintech
financial services
Fabrick has completed the acquisition of 75% of finAPI, strengthening its position in Europe's open banking landscape. This acquisition, approved by regulatory authorities, allows Fabrick to expand its international presence and develop synergies for innovation in digital payments. The merger aims to improve customer experiences and offers a broader range of digital solutions for enterprises. With this move, Fabrick enters high-potential markets such as Germany and Austria.
Company Info
Location
Milan, Lombardy, Italy
Company info
Fabrick is a European Open Platform, which empowers businesses to transform their end-to-end value chain through modular, easy-to-integrate and future-ready Open Finance solutions.
By offering PSD2 services – such as data aggregation, payment initiation, advanced credit scoring, personal and business financial management – combined on its platform with: payment orchestration services, payment acceptance, collecting, split payments, reconciliation and digital lending, Fabrick addresses different use cases, enabling businesses from any sector to embed payment and banking services seamlessly into their products through APIs.
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