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Neonomics

Can a single PSD2-licensed open banking platform become the infrastructure layer for AI-driven financial services across 30+ European markets?

Founded2017
HQOslo, Norway
Total raised$11.8M
Latest roundVenture (Round not Specified), 2022
IndustryInfrastructure / Open banking
The story

Founded in 2017 in Oslo as a PSD2-native open banking infrastructure provider, Neonomics built one of the deepest bank connectivity networks in the Nordics. Initially focused on AISP/PISP API connectivity for enterprise clients, the company expanded to a full-stack open finance platform branded as 'Nello', adding AI-driven financial intelligence (Nello AI) alongside data and payments products. The company scaled to 3,500+ banks across 30 European markets and pivoted toward powering agentic financial services, positioning itself as infrastructure for the next generation of AI-driven fintech applications.

Last 12 months
2024-10
Product timeline
2017
Founded in Oslo, Norway with a mission to build open banking infrastructure for European financial services.· pivot
2022
Partnered with Worldline to power open banking connectivity in the Nordics via Bank Connect API.· banking
2024
Launched full-stack open finance platform branding under 'Nello' product suite (Nello Data, Nello Pay, Nello AI) covering account data, pay-by-bank, and AI-ready financial intelligence.· pivot
Regulated entities
AISP (Account Information Service Provider)
EU / Norway (PSD2)
Neonomics AS
PISP (Payment Initiation Service Provider)
EU / Norway (PSD2)
Neonomics AS
The stack
Payments / PSP
Neonomics Pay by Bank (self-operated)
Open banking
Neonomics (self-operated)
Accounting gap: none