Ozone API provides a standards-based open API platform that enables banks and financial institutions to implement compliant open banking and open finance solutions. By simplifying the integration of financial services, Ozone API helps organizations monetize their offerings and adapt to the evolving regulatory landscape globally.
Funding
$10.7M 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
Banks and financial institutions face challenges in adapting to open banking and open finance regulations, which require them to expose their systems through standardized APIs. Implementing and maintaining these APIs can be complex and costly, hindering their ability to monetize data and participate in the evolving financial ecosystem.
Solution
Ozone API provides a standards-based open API platform that simplifies the implementation of compliant open banking and open finance solutions. The platform enables financial institutions to expose their systems through standardized APIs, facilitating integration with third-party services and enabling new revenue streams. Ozone API's technology supports all global standards, allowing banks and financial institutions to create commercial value from open finance while adapting to the evolving regulatory landscape.
Target Audience
Banks, financial institutions, central banks, regulators, and central market-makers seeking to implement compliant open banking and open finance solutions.
Features
- Standards-based API platform for open banking and open finance compliance
- Support for all global open banking standards
- Flexible software architecture adaptable to specific business needs
- Tools for banks and financial institutions to create commercial value from open finance