Neonomics
Neonomics is a Norwegian open banking infrastructure provider offering a unified PSD2 API network connecting 3,500+ banks across 30 European markets for payment initiation, account data access, and AI-driven financial insights, serving fintechs, banks, and enterprises.
- Company typePrivate
- Founded2017
- HeadquartersOslo, Norway
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Neonomics does
Neonomics is a Norwegian open banking infrastructure provider founded in 2017 and headquartered in Oslo. The company operates a PSD2-compliant API network connecting 3,500+ banks across 30 European markets, delivering unified access to bank account data and payment initiation through a single integration point. Its product suite is branded under the Nello name: Nello Data provides hosted account information services (verify account, verify payee, transaction data, balance check); Nello Pay offers Pay by Bank solutions including Pay Date, Pay by Card, and Batch Payments; and Nello AI delivers AI-ready financial intelligence for transaction categorization, income verification, and expense verification. Enterprise-grade APIs (Account Data API, Pay by Bank API, Bank Connect API) serve customers requiring direct integration and scale.
The company serves a diversified enterprise customer base spanning fintech, financial institutions, debt collection (Axactor, Kredinor), digital communications (Kivra, Posten Digipost), mobile messaging (Link Mobility with 40,000+ downstream accounts), crypto (Bare Bitcoin), and payment processing (Worldline). Go-to-market combines direct enterprise sales, a self-serve developer platform, and channel partners across 30 markets. Revenue is generated through transaction-based fees on payment initiation and subscription-based API access fees, with custom multi-year enterprise contracts; pricing is not publicly disclosed.
Neonomics is privately held, holds Payment Institution (PI), PISP, and AISP licenses from the Norwegian Financial Supervisory Authority passported across the EU, and is GDPR- and PSD2-compliant with built-in Strong Customer Authentication. The company completed the acquisition of UK-based open banking provider Ordo in January 2025 to accelerate UK and European expansion. In February 2026, founder Christofer Andvig was succeeded as CEO by Alfonso Muñoz (previously CFO) on an interim basis, marking a leadership transition during the post-Ordo integration phase.
Neonomics firmographics
Firmographics- Name
- Neonomics
- Legal name
- Neonomics AS
- Website
- https://neonomics.io
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Neonomics is a Norwegian open banking infrastructure provider offering a unified PSD2 API network connecting 3,500+ banks across 30 European markets for payment initiation, account data access, and AI-driven financial insights, serving fintechs, banks, and enterprises.
- Ownership category
- akta.pro rank
Neonomics industry classification
Industry- Product category
- Open Banking APIs
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)
- akta.pro secondary industries
- Payment Initiation & Account-to-Account (A2A) Payments (PIS, RTP initiation) (FSAGACAI), Account Verification & Ownership (AVS/AOV, micro-deposits, auth) (FSAGACAB), Open Banking APIs & Connectivity (FSAMAFAA), Recurring Payments & Variable Recurring Payments (VRP) Enablement (FSAGACAJ)
Keywords
Where Neonomics is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Neonomics business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Payment Initiation Services: Transaction-based fees charged for Pay by Bank payment initiation services. Revenue generated per transaction processed through the Nello Pay platform.
- Account Information Services: API access fees or subscription-based revenue for account information data services (Nello Data). Charges for accessing standardized bank account data across the network.
- Enterprise API Access: Custom enterprise agreements with financial institutions and large fintech customers for dedicated API access and support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise custom pricing |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
Neonomics product offering
Product offeringCore offering
Neonomics provides a unified open banking API platform connecting 3,500+ banks across 30 European markets. It sells account information services (Nello Data), AI-powered financial data processing (Nello AI), and Pay by Bank payment initiation (Nello Pay), plus direct enterprise-grade REST APIs. Customers include fintechs, banks, payment service providers, e-commerce platforms, lending platforms, and debt collection firms.
Product overview
Neonomics is a full-stack open finance platform offering a layered portfolio of products: Nello Data (account information services for accessing normalized financial account data), Nello AI (AI-ready financial intelligence engine for transaction categorization and verification), and Nello Pay (hosted Pay by Bank payment solutions), all powered by Enterprise-grade open banking APIs (Account Data API, Pay by Bank API, Bank Connect API). The platform connects to 3,500+ banks across 30 European markets via a unified PSD2 API network, providing both hosted solutions (Nello suite) for businesses wanting ready-made interfaces and direct API access for enterprise developers requiring custom integrations.
Differentiator
Problem solved
Functional benefit
Brands
- Nello: Product brand for Neonomics' open banking solutions including Nello Data (account data APIs), Nello AI (financial AI engine), Nello Pay (Pay by Bank solutions), and Enterprise APIs.
Products and services
- Nello Data Hosted account information solution providing access to normalized financial account data across banks, including account verification, payee verification, transaction data, and balance checking for businesses and fintechs.
- Nello AI AI-ready financial intelligence engine providing transaction categorization, income verification, and expense verification on top of normalized bank account data for predictive and personalized finance applications.
- Nello Pay Hosted Pay by Bank solution enabling businesses to accept direct account-to-account payments, including Pay Date (scheduled payments), Pay by Card (Worldline-backed), and Batch Payments.
- Enterprise API Enterprise-grade open banking API bundle providing Account Data API and Pay by Bank API for businesses requiring direct API integration and scale across 3,500+ banks.
- Account Data API REST API for accessing account information including balances, transactions, and account details from connected banks via Neonomics' unified PSD2 API network.
- Pay by Bank API API enabling payment initiation services for account-to-account payments including domestic, SEPA, and scheduled payments through Neonomics' bank network.
- Bank Connect API
Quantifiable outcome
- 30 European markets covered through unified API
- +2 more outcomes
Companies that use Neonomics
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles6 records
Neonomics technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature6 records
Neonomics partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and flagship.
- OrdocoreUK-based open banking payments provider acquired by Neonomics, strengthening payment initiation capabilities and UK market presence. Integration enables enhanced cross-border payment services.
- KivracoreFinnish digital mailbox partnership enabling integration of open banking services within Kivra's digital communication platform for secure financial document and payment processing.
- Link MobilitycoreEuropean mobile messaging provider partnership integrating open banking APIs with mobile communication services for payment notifications and transaction confirmations.
- WorldlineflagshipStrategic integration with Worldline, a major European card payment service provider, combining open banking payments with traditional card payment infrastructure.
- Facit BankcoreNorwegian bank partnership providing open banking connectivity and API access for Facit Bank's digital banking services and customer offerings.
- Bare BitcoincoreNorwegian Bitcoin exchange partnership enabling fiat payment integration through open banking for cryptocurrency trading and wallet services.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Neonomics competitors and assessment
Company assessmentDirect peers
- TrueLayer: London-based open banking platform providing PIS and AIS APIs across Europe; the most direct peer to Neonomics in product, geography, and customer base.
- Yapily: UK open banking API platform providing AISP and PISP connectivity across European banks; comparable scope, license model, and customer set to Neonomics.
- Token.io: Open banking payment-initiation specialist focused on Pay-by-Bank and VRP; a direct competitor to Neonomics' Nello Pay in Europe.
- Tink: Stockholm-based open banking platform (owned by Visa) offering account data, payments initiation, and financial insights across Europe — same PSD2-based product set as Neonomics.
Emerging players
- Ordo: UK-based open banking payments provider acquired by Neonomics in January 2025; comparable Pay-by-Bank and bill-payment use cases to Neonomics' Nello Pay.
Regional players
- Bankin': France-focused account-aggregation and personal-finance platform using PSD2 APIs; an overlapping but more consumer/retail-skewed peer relative to Neonomics' enterprise focus.
Broad incumbents
- Trustly: European A2A payment network owned by Nordic Capital; overlaps with Neonomics on bank-to-bank account payments across European merchants.
- Mastercard Open Banking: Mastercard's open-banking unit (built on the Finicity acquisition) provides AIS/PIS globally; competes with Neonomics on enterprise API connectivity with substantially larger distribution.
- Plaid: Global open-finance connectivity platform expanding from the US into Europe; overlaps with Neonomics on bank data aggregation and payment initiation, with broader geographic reach.
- Visa Direct / Visa Open Banking: Visa's open-banking and A2A push (including Tink) puts global card-network economics behind an open-banking stack directly competitive with Neonomics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Neonomics social profiles
Digital presenceNeonomics compliance and trust
Trust signalCompliance3 records
Neonomics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Neonomics leadership team
Management profileNumber of profiles
Profiles6 records
Neonomics subsidiaries and ownership
Company hierarchySubsidiaries1 record
Neonomics funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Neonomics M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Neonomics
What does Neonomics do?
Neonomics provides a unified open banking API platform connecting 3,500+ banks across 30 European markets. It sells account information services (Nello Data), AI-powered financial data processing (Nello AI), and Pay by Bank payment initiation (Nello Pay), plus direct enterprise-grade REST APIs. Customers include fintechs, banks, payment service providers, e-commerce platforms, lending platforms, and debt collection firms.
Is Neonomics a public or private company?
Neonomics is a private company. It is classified as venture growth investor backed and is currently operating.
When was Neonomics founded?
Neonomics was founded in 2017. It employs 51 to 100 people.
Where is Neonomics based?
Neonomics is headquartered in Oslo, Norway, in the Europe region.
How does Neonomics make money?
Three revenue lines are on record. Payment Initiation Services are the primary driver. The others are account Information Services and enterprise API Access.
Who are Neonomics's main competitors?
Direct peers on record are TrueLayer, Yapily, Token.io and Tink. Ordo is listed as an emerging player. Bankin' is listed as a regional player. Broad incumbents are Trustly, Mastercard Open Banking, Plaid and Visa Direct / Visa Open Banking.
Does Neonomics have an API?
Yes. Neonomics provides a unified open banking API network connecting to 3,500+ banks across 30 European markets. The REST API enables payment initiation (PISP) and account information services (AISP), supporting domestic payments, SEPA payments, scheduled payments, and account data retrieval. The API uses OAuth-based authentication with mTLS support for enhanced security. A sandbox environment is available for testing, and Postman collections are provided for API exploration. Developer documentation is at docs.neonomics.io.
What industry is Neonomics in?
Neonomics's product category is Open Banking APIs. Its primary akta.pro industry code is FSAMAFAF, A2A Checkout & Merchant Acceptance Solutions, with a secondary code of FSAGACAI, Payment Initiation & Account-to-Account (A2A) Payments (PIS, RTP initiation). Its NAICS code is 5221 and its SIC code is 6199.