Exthand
“Can a small Belgian open banking gateway win European pay-by-bank adoption by riding on other institutions' PSD2 licenses instead of getting its own?”
Founded2022
HQBrussels, Belgium
Total raised$660K
Latest roundPre-Seed, 2022
IndustryInfrastructure / Open banking
The story
Exthand is a Brussels-based open banking infrastructure company founded in 2022. It operates as an agent of licensed Belgian payment institutions (DIGITEAL and PAYBONSAI) to provide account information services (AIS) and payment initiation services (PIS) — the 'Exthand:Gateway' — enabling retailers to accept pay-by-bank, variable recurring payments, and instant SEPA transfers across Europe without payment intermediaries.
Last 12 months
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Product timeline
2022
Exthand founded in Brussels to build open banking infrastructure for European retailers.· pivot
2022
Raised $660K pre-seed led by Sambrinvest.· funding
Regulated entities
1
regulatory licence held by Exthand
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
3 layers disclosed in Exthand’s embedded-finance stack
Payments / PSP
Exthand Gateway (self-operated)
Open banking
in the full report
Sponsor bank
in the full report
Accounting gap: none
3 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.