An Open Banking API Platform is a system that allows banks and financial institutions to securely share customer financial data with third-party developers and service providers through application programming interfaces (APIs). This platform enables the creation of innovative financial products and services by leveraging the data and capabilities of multiple financial institutions. By opening up their APIs, banks can foster collaboration and competition in the financial services industry, ultimately benefiting consumers with more choice, transparency, and personalized financial solutions.
The global Open Banking API Platform market was valued at US$ 2089 million in 2023 and is anticipated to reach US$ 2999 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.
North American market for Open Banking API Platform is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Open Banking API Platform is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The global market for Open Banking API Platform in Individual is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global companies of Open Banking API Platform include Frollo, Basiq, Tink, Data Action, Axway, Plaid, MX, Finicity, FormFree Holdings, Malauzai Software, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Open Banking API Platform, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Open Banking API Platform.
The Open Banking API Platform market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Open Banking API Platform market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Open Banking API Platform companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Frollo
Basiq
Tink
Data Action
Axway
Plaid
MX
Finicity
FormFree Holdings
Malauzai Software
Mambu GmbH
MineralTree
Yapily
TrueLayer
Figo
Mastercard
TIBCO
Sopra Banking Software
Token
Direct ID
Yodlee
Salt Edge
Bud
Wipro
Segment by Type
Private API
Public API
Segment by Application
Individual
SME Digital Banking
Large Enterprises Digital Banking
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Open Banking API Platform company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Open Banking API Platform Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Private API
1.2.3 Public API
1.3 Market by Application
1.3.1 Global Open Banking API Platform Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Individual
1.3.3 SME Digital Banking
1.3.4 Large Enterprises Digital Banking
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Open Banking API Platform Market Perspective (2019-2030)
2.2 Global Open Banking API Platform Growth Trends by Region
2.2.1 Global Open Banking API Platform Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Open Banking API Platform Historic Market Size by Region (2019-2024)
2.2.3 Open Banking API Platform Forecasted Market Size by Region (2025-2030)
2.3 Open Banking API Platform Market Dynamics
2.3.1 Open Banking API Platform Industry Trends
2.3.2 Open Banking API Platform Market Drivers
2.3.3 Open Banking API Platform Market Challenges
2.3.4 Open Banking API Platform Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Open Banking API Platform Players by Revenue
3.1.1 Global Top Open Banking API Platform Players by Revenue (2019-2024)
3.1.2 Global Open Banking API Platform Revenue Market Share by Players (2019-2024)
3.2 Global Open Banking API Platform Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Open Banking API Platform Revenue
3.4 Global Open Banking API Platform Market Concentration Ratio
3.4.1 Global Open Banking API Platform Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Open Banking API Platform Revenue in 2023
3.5 Global Key Players of Open Banking API Platform Head office and Area Served
3.6 Global Key Players of Open Banking API Platform, Product and Application
3.7 Global Key Players of Open Banking API Platform, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Open Banking API Platform Breakdown Data by Type
4.1 Global Open Banking API Platform Historic Market Size by Type (2019-2024)
4.2 Global Open Banking API Platform Forecasted Market Size by Type (2025-2030)
5 Open Banking API Platform Breakdown Data by Application
5.1 Global Open Banking API Platform Historic Market Size by Application (2019-2024)
5.2 Global Open Banking API Platform Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Open Banking API Platform Market Size (2019-2030)
6.2 North America Open Banking API Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Open Banking API Platform Market Size by Country (2019-2024)
6.4 North America Open Banking API Platform Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Open Banking API Platform Market Size (2019-2030)
7.2 Europe Open Banking API Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Open Banking API Platform Market Size by Country (2019-2024)
7.4 Europe Open Banking API Platform Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Open Banking API Platform Market Size (2019-2030)
8.2 Asia-Pacific Open Banking API Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Open Banking API Platform Market Size by Region (2019-2024)
8.4 Asia-Pacific Open Banking API Platform Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Open Banking API Platform Market Size (2019-2030)
9.2 Latin America Open Banking API Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Open Banking API Platform Market Size by Country (2019-2024)
9.4 Latin America Open Banking API Platform Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Open Banking API Platform Market Size (2019-2030)
10.2 Middle East & Africa Open Banking API Platform Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Open Banking API Platform Market Size by Country (2019-2024)
10.4 Middle East & Africa Open Banking API Platform Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Frollo
11.1.1 Frollo Company Details
11.1.2 Frollo Business Overview
11.1.3 Frollo Open Banking API Platform Introduction
11.1.4 Frollo Revenue in Open Banking API Platform Business (2019-2024)
11.1.5 Frollo Recent Development
11.2 Basiq
11.2.1 Basiq Company Details
11.2.2 Basiq Business Overview
11.2.3 Basiq Open Banking API Platform Introduction
11.2.4 Basiq Revenue in Open Banking API Platform Business (2019-2024)
11.2.5 Basiq Recent Development
11.3 Tink
11.3.1 Tink Company Details
11.3.2 Tink Business Overview
11.3.3 Tink Open Banking API Platform Introduction
11.3.4 Tink Revenue in Open Banking API Platform Business (2019-2024)
11.3.5 Tink Recent Development
11.4 Data Action
11.4.1 Data Action Company Details
11.4.2 Data Action Business Overview
11.4.3 Data Action Open Banking API Platform Introduction
11.4.4 Data Action Revenue in Open Banking API Platform Business (2019-2024)
11.4.5 Data Action Recent Development
11.5 Axway
11.5.1 Axway Company Details
11.5.2 Axway Business Overview
11.5.3 Axway Open Banking API Platform Introduction
11.5.4 Axway Revenue in Open Banking API Platform Business (2019-2024)
11.5.5 Axway Recent Development
11.6 Plaid
11.6.1 Plaid Company Details
11.6.2 Plaid Business Overview
11.6.3 Plaid Open Banking API Platform Introduction
11.6.4 Plaid Revenue in Open Banking API Platform Business (2019-2024)
11.6.5 Plaid Recent Development
11.7 MX
11.7.1 MX Company Details
11.7.2 MX Business Overview
11.7.3 MX Open Banking API Platform Introduction
11.7.4 MX Revenue in Open Banking API Platform Business (2019-2024)
11.7.5 MX Recent Development
11.8 Finicity
11.8.1 Finicity Company Details
11.8.2 Finicity Business Overview
11.8.3 Finicity Open Banking API Platform Introduction
11.8.4 Finicity Revenue in Open Banking API Platform Business (2019-2024)
11.8.5 Finicity Recent Development
11.9 FormFree Holdings
11.9.1 FormFree Holdings Company Details
11.9.2 FormFree Holdings Business Overview
11.9.3 FormFree Holdings Open Banking API Platform Introduction
11.9.4 FormFree Holdings Revenue in Open Banking API Platform Business (2019-2024)
11.9.5 FormFree Holdings Recent Development
11.10 Malauzai Software
11.10.1 Malauzai Software Company Details
11.10.2 Malauzai Software Business Overview
11.10.3 Malauzai Software Open Banking API Platform Introduction
11.10.4 Malauzai Software Revenue in Open Banking API Platform Business (2019-2024)
11.10.5 Malauzai Software Recent Development
11.11 Mambu GmbH
11.11.1 Mambu GmbH Company Details
11.11.2 Mambu GmbH Business Overview
11.11.3 Mambu GmbH Open Banking API Platform Introduction
11.11.4 Mambu GmbH Revenue in Open Banking API Platform Business (2019-2024)
11.11.5 Mambu GmbH Recent Development
11.12 MineralTree
11.12.1 MineralTree Company Details
11.12.2 MineralTree Business Overview
11.12.3 MineralTree Open Banking API Platform Introduction
11.12.4 MineralTree Revenue in Open Banking API Platform Business (2019-2024)
11.12.5 MineralTree Recent Development
11.13 Yapily
11.13.1 Yapily Company Details
11.13.2 Yapily Business Overview
11.13.3 Yapily Open Banking API Platform Introduction
11.13.4 Yapily Revenue in Open Banking API Platform Business (2019-2024)
11.13.5 Yapily Recent Development
11.14 TrueLayer
11.14.1 TrueLayer Company Details
11.14.2 TrueLayer Business Overview
11.14.3 TrueLayer Open Banking API Platform Introduction
11.14.4 TrueLayer Revenue in Open Banking API Platform Business (2019-2024)
11.14.5 TrueLayer Recent Development
11.15 Figo
11.15.1 Figo Company Details
11.15.2 Figo Business Overview
11.15.3 Figo Open Banking API Platform Introduction
11.15.4 Figo Revenue in Open Banking API Platform Business (2019-2024)
11.15.5 Figo Recent Development
11.16 Mastercard
11.16.1 Mastercard Company Details
11.16.2 Mastercard Business Overview
11.16.3 Mastercard Open Banking API Platform Introduction
11.16.4 Mastercard Revenue in Open Banking API Platform Business (2019-2024)
11.16.5 Mastercard Recent Development
11.17 TIBCO
11.17.1 TIBCO Company Details
11.17.2 TIBCO Business Overview
11.17.3 TIBCO Open Banking API Platform Introduction
11.17.4 TIBCO Revenue in Open Banking API Platform Business (2019-2024)
11.17.5 TIBCO Recent Development
11.18 Sopra Banking Software
11.18.1 Sopra Banking Software Company Details
11.18.2 Sopra Banking Software Business Overview
11.18.3 Sopra Banking Software Open Banking API Platform Introduction
11.18.4 Sopra Banking Software Revenue in Open Banking API Platform Business (2019-2024)
11.18.5 Sopra Banking Software Recent Development
11.19 Token
11.19.1 Token Company Details
11.19.2 Token Business Overview
11.19.3 Token Open Banking API Platform Introduction
11.19.4 Token Revenue in Open Banking API Platform Business (2019-2024)
11.19.5 Token Recent Development
11.20 Direct ID
11.20.1 Direct ID Company Details
11.20.2 Direct ID Business Overview
11.20.3 Direct ID Open Banking API Platform Introduction
11.20.4 Direct ID Revenue in Open Banking API Platform Business (2019-2024)
11.20.5 Direct ID Recent Development
11.21 Yodlee
11.21.1 Yodlee Company Details
11.21.2 Yodlee Business Overview
11.21.3 Yodlee Open Banking API Platform Introduction
11.21.4 Yodlee Revenue in Open Banking API Platform Business (2019-2024)
11.21.5 Yodlee Recent Development
11.22 Salt Edge
11.22.1 Salt Edge Company Details
11.22.2 Salt Edge Business Overview
11.22.3 Salt Edge Open Banking API Platform Introduction
11.22.4 Salt Edge Revenue in Open Banking API Platform Business (2019-2024)
11.22.5 Salt Edge Recent Development
11.23 Bud
11.23.1 Bud Company Details
11.23.2 Bud Business Overview
11.23.3 Bud Open Banking API Platform Introduction
11.23.4 Bud Revenue in Open Banking API Platform Business (2019-2024)
11.23.5 Bud Recent Development
11.24 Wipro
11.24.1 Wipro Company Details
11.24.2 Wipro Business Overview
11.24.3 Wipro Open Banking API Platform Introduction
11.24.4 Wipro Revenue in Open Banking API Platform Business (2019-2024)
11.24.5 Wipro Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
Frollo
Basiq
Tink
Data Action
Axway
Plaid
MX
Finicity
FormFree Holdings
Malauzai Software
Mambu GmbH
MineralTree
Yapily
TrueLayer
Figo
Mastercard
TIBCO
Sopra Banking Software
Token
Direct ID
Yodlee
Salt Edge
Bud
Wipro
听
听
*If Applicable.
