“Can Ndgit and Qwist together become the dominant open banking infrastructure layer for European banks and fintechs ahead of PSD3?”
Founded in 2015 as Next Digital Banking (ndgit), the Munich-based company initially focused on lending middleware APIs connecting banks and insurance companies for digital finance. Over time it evolved into an Open Banking platform, enabling banks, fintechs, and e-commerce players to connect and share financial data via standardized APIs. In November 2023, Ndgit was acquired by Warsaw-based Crastorehill, a Finch Capital portfolio company, alongside Qwist (formerly Finleap Connect), positioning the combined entity as a major European open banking infrastructure provider ahead of PSD3 regulation.
Ndgit is founded in 2015 and headquartered in Munich, Germany.
Ndgit has raised $4.7M in total (latest round: Acquired by Crastorehill, November 2023).
Get a read on where your own stack stands against Ndgit and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.