ndgit GmbH
Entry last updated on March 2, 2022

This startup is no longer active in the Munich startup ecosystem.

Reasons for this may be:

  • Dissolution or takeover of the company
  • Relocation from Munich
  • Change in the business model

Founded in 2016, ndigt has grown into Europe's leading open finance platform. With a team of around 50 employees at four locations in Europe, it now has over 30 customers in 10 countries.

With its innovative digital solutions, ndgit helps banks and financial institutions generate more revenue. It connects banks and insurance companies with digital providers and innovative fintechs. The multi-award-winning open finance platform supports financial service providers in addressing their greatest strategic and technological challenges. It accelerates the creation of connected offerings with partners, the development of ecosystems, and facilitates the future revenue potential of digitalization. In this way, ndgit opens up traditional IT systems of banks, connects fintechs and digital partners through standards, and implements financial offerings for non-banks.

Our team of 65 API experts is passionately and expertly developing the future of financial IT. Our products are based on cutting-edge API platform technology, close collaboration with innovative fintechs and digital partners, and long-lasting operational processes. We work in lean and agile structures where personal responsibility, creativity, and experience lead to exceptional results for our clients.

ndgit is used by more than 30 well-known financial and digital companies in more than ten countries. As a long-term partner for their critical systems, we continue to value security and stability and ensure this with our certified compliance and IT processes.

In 2017, ndgit implemented Switzerland's first open banking system and was awarded the Euro Finance Tech Award 2017 for the best collaboration between a bank and a fintech.
Today, more than 30 banks and corporations worldwide rely on ndgit's leading API platform for the financial industry to digitize traditional systems and position themselves for the future of open banking. The company, based in Munich, Germany, was founded in 2016 and currently employs around 65 people. The company's investors include Capnamic, PROfounders, and DvH Ventures.

Banks around the world are already in the midst of digital transformation, making processes significantly more convenient for customers. To keep pace with industry developments and avoid being left behind by new FinTechs, banks and insurance companies must reinvent themselves and their services. To help them, ndgit has developed a platform that provides a technological backbone for connected banking and insurance: Next Digital Banking. Our middleware offers a toolset that enables them to implement new use cases more quickly and with greater user optimization. This includes everything from banking or insurance-as-a-service to the integration of FinTechs and the creation of their own app stores for their customers. ndgit provides banks with the necessary infrastructure to efficiently integrate and manage their own and third-party APIs.
When it comes to financial services, customers expect financial services wherever they are online: in their apps, online portals, and e-commerce stores. ndgit Banking as a Service opens your systems to complementary digital channels to jointly acquire new customers and revenue streams. ndgit's flexible open finance platform enables customers to offer their services and products to third parties efficiently and scalably, for example, in the areas of accounts, loans, deposits, or insurance.

ndgit offers banks and digital players new and innovative lending processes that are instant, highly optimized, and significantly increase conversion. They integrate with best-in-class fintech capabilities, such as account aggregation, risk assessment, credit bureaus, KYC, and digital signatures.

More about our solutions:
https://ndgit.com/loesungen/

More about our platform technology:
https://ndgit.com/plattform-technologie/

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Facts
 
Contact
 

1

Founders

2016

Founding year

Later Stage

Stage

50

Employees

B2B

Business model

Company location

ndgit GmbH
Mies-van-der-Rohe-Str. 6
80807 Munich

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