finAPI
Also a provider — view finAPI’s profile →“Can a BaFin-licensed German open banking specialist become the DACH backbone of a pan-European Open Finance platform under Fabrick/Sella?”
Founded2008
HQMunich, Germany
FoundersFlorian Haagen, Martin Lacher
Latest roundAcquisition — Fabrick acquired 75% (2024/2025)
IndustryInfrastructure / Open banking
The story
Founded in 2008 in Munich as a bank data aggregation and analysis service, finAPI evolved into one of Germany's leading BaFin-licensed AISP/PISP providers under PSD2. Held by SCHUFA for several years, it was acquired by Italian Open Finance group Fabrick (Sella Group) in 2024/2025, becoming a core piece of a pan-European open finance / embedded payments platform. Product scope has extended from pure account aggregation to Data Intelligence (categorization, cashflow, risk, KreditCheck), KYC via GiroIdent, and SEPA / instant payment initiation.
Product timeline
2008
Founded in Munich as an aggregator and analyzer of financial data.· banking
2019
SCHUFA Holding AG becomes majority shareholder.· acquisition
2024
Fabrick (Sella Group) announces acquisition of 75% of finAPI from SCHUFA; founders retain 25%.· acquisition
2025
Fabrick / Sella Group takeover closes; finAPI becomes part of Fabrick's pan-European Open Finance platform.· acquisition
Regulated entities
2
regulatory licences held by finAPI
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
5 layers disclosed in finAPI’s embedded-finance stack
Payments / PSP
finAPI Payment (self-operated)
Money movement
in the full report
Card issuing
in the full report
Open banking
in the full report
KYC
in the full report
Accounting gap: none
5 more providers across 4 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.