Fintech Galaxy offers a cloud‑based open innovation platform that connects financial institutions with fintech providers through a unified Open Banking API gateway. The platform includes a secure sandbox for testing, a marketplace for publishing and discovering APIs, and built‑in compliance tools such as consent management and strong customer authentication, while also providing matchmaking and crowdsourcing features to accelerate fintech collaboration and product rollout.
Funding
$2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions and fintech companies often face fragmented integration processes, limited access to sandbox environments for testing, and challenges in discovering compliant partners for open banking initiatives. This hampers rapid innovation, increases time‑to‑market, and creates regulatory compliance burdens.
Solution
Fintech Galaxy provides a cloud‑based open innovation platform that connects financial institutions with fintech providers through a unified Open Banking API gateway. The platform offers a secure sandbox for testing and prototyping, a marketplace to publish and consume APIs, and tools for regulatory compliance such as consent management and strong customer authentication. It also facilitates matchmaking, rating, and crowdsourcing of fintech solutions via innovation challenges and digital hackathons, enabling participants to collaborate, validate concepts, and accelerate product rollout.
Target Audience
Primary customers are financial institutions seeking streamlined Open Banking integration and compliance, and fintech companies or developers looking for a sandbox, API marketplace, and partnership opportunities.
Features
- Centralized Open Banking API gateway that aggregates connections to multiple banks via a single interface
- Cloud‑hosted sandbox environment for safe, end‑to‑end testing of fintech applications and rapid proof‑of‑concept development
- Marketplace for publishing and discovering fintech APIs, with rating and qualification mechanisms for partners
- Built‑in compliance suite offering out‑of‑the‑box AIS/PIS APIs, fine‑grain consent management, SCA, TPP management, and regulatory reporting
- Matchmaking and crowdsourcing tools that run innovation challenges and digital hackathons to source global fintech solutions
- Analytics and reporting dashboards to monitor integration performance and compliance status