Founded in August 2012, Figo was Europe’s first banking API service provider. They provide neutral banking services outside the classic banking world through the integration of their technology.
To create their EU-wide system, the company needed IT partners from each country in the region. They chose us as their Hungarian partners. We worked with them to integrate the very specific requirements of the Hungarian banking system into their API. This was a very unique and complex project, where our team served as an intermediary between our client and various banking organizations.
The finished product included processed data of bank accounts, credit cards, deposits, Paypal accounts, as well as a variety of FinTechs. The final, Europe-wide solution managed to aggregate financial sources from over 3,100 banks and financial institutions with the goal to enable innovative banking services to clients throughout the region.
Our cooperation ended back in 2018. The Client’s company has been growing rapidly since then, and figo has finally joined forces with the fintech platforms finreach solutions and infinitec solutions in 2019 to form finleap connect, Europe’s leading fintech ecosystem today.