RAiDiAM
RAiDiAM provides enterprise SaaS trust infrastructure — directory, PKI, FAPI 2.0-compliant authorization, and conformance testing — that powers national open banking, open finance, digital identity, and Smart Data ecosystems for central banks, regulators, financial institutions, and large enterprises.
- Company typePrivate
- Founded2016
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What RAiDiAM does
RAiDiAM (legally Raidiam Services Limited, UK company number 10742851) is an enterprise SaaS provider of trust infrastructure for open data ecosystems, founded in 2016 and headquartered in London with 11-50 employees. The company's core platform, Raidiam Connect, combines a central directory of organisations and applications with embedded PKI/X.509 certificate infrastructure, automated onboarding, and credential lifecycle management, and is complemented by Raidiam Auth (a FAPI 2.0-compliant OAuth 2.0 authorization server supporting mTLS, PKCE, and private key JWTs), Raidiam Assure (conformance testing and certification services), and ORCA (an AI-powered policy generator that auto-generates RBAC access models from OpenAPI specifications). Specialized compliance solutions target PCI DSS 4.0 and CFPB Rule 1033, and advisory services (Raidiam Advise, Raidiam Enable) provide ecosystem design and engineering support. RAiDiAM's technology stack integrates OpenID Federation, PKI/X.509, OAuth 2.0, trust registries, and sender-constrained tokens, supporting FAPI 2.0, PCI DSS 4.0, ISO 27001, SOC2, and SOC1 standards.
RAiDiAM sells primarily through direct enterprise field sales with quote-based pricing, targeting four customer segments: national schemes and governments (Open Finance Brasil, Open Insurance Brasil, UAE Open Finance, Australia Digital Identity, NZ Confirmation of Payee), banks and financial institutions, enterprises and platform operators building API marketplaces, and digital identity ecosystems. Revenue derives from two streams: recurring SaaS subscriptions licensing Connect, Auth, and Assure to ecosystem operators and financial institutions, plus professional services revenue from advisory and ecosystem implementation engagements. Marketing is anchored on thought leadership, industry events (Headline Partner of Open Banking Expo Awards for three consecutive years), webinars on PCI DSS 4.0 and CFPB 1033, and a developer portal with sandbox access.
The company operates as a privately held, bootstrapped limited company with no venture funding rounds disclosed. Its footprint spans the UK (headquarters), Brasil (largest deployment: 159 banks, 173 data recipients, 8.06 billion average monthly API calls), Australia (digital identity serving over 10 million customers), New Zealand (Confirmation of Payee deployed in 6 months 12 days), and the UAE (Central Bank-led Open Finance), with a recent expansion into UK property data (Council for Licensed Conveyancers partnership) and retail energy (RECCo Consumer Consent Solution).
RAiDiAM firmographics
Firmographics- Name
- RAiDiAM
- Legal name
- Raidiam Services Limited
- Website
- https://raidiam.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- RAiDiAM provides enterprise SaaS trust infrastructure — directory, PKI, FAPI 2.0-compliant authorization, and conformance testing — that powers national open banking, open finance, digital identity, and Smart Data ecosystems for central banks, regulators, financial institutions, and large enterprises.
- Ownership category
- akta.pro rank
RAiDiAM industry classification
Industry- Product category
- API Trust Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Identity & Authentication for Open Banking (SCA support, token exchange) (FSAGACAF)
- akta.pro secondary industry
- Customer Permissioning & Consent Management (OAuth, scopes, revocation) (FSAGACAC)
Keywords
Where RAiDiAM is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
RAiDiAM business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- SaaS Platform Subscriptions: Enterprise-grade SaaS trust platform subscription model for secure API ecosystem management, credential lifecycle management, and compliance automation. Revenue derived from licensing the Connect, Auth, and Assure platforms to ecosystem operators, financial institutions, and enterprises.
- Advisory and Professional Services: Expert advisory services and engineering support for designing open data sharing ecosystems, trust framework implementation, and open banking/open finance transformation projects.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
RAiDiAM product offering
Product offeringCore offering
RAiDiAM provides enterprise-grade SaaS trust infrastructure for secure API ecosystem management, combining directory services, embedded PKI certificate infrastructure, FAPI 2.0-compliant OAuth 2.0 authorization, AI-powered RBAC access control, and conformance testing. The platform underpins national open banking/open finance schemes, digital identity ecosystems, and payment ecosystems for governments, regulators, and financial institutions, including powering Open Finance Brasil with 159 banks, 173 data recipients, and 8.06 billion average monthly API calls.
Product overview
RAiDiAM offers a modular trust platform architecture with four core products: Connect (enterprise-grade SaaS trust platform with PKI, directory, and automated onboarding), Assure (conformance testing and certification services), Auth (FAPI 2.0-compliant OAuth 2.0 authorisation server), and ORCA (AI-powered access control auto-generating RBAC from API specs). These are complemented by advisory services (Advise and Enable) and specialized compliance solutions for PCI DSS 4.0 and CFPB Rule 1033. The platform powers the world's largest open finance implementations, including Open Finance Brasil managing 159 banks, 173 data recipients, and 8.06 billion average monthly API calls with zero security incidents.
Differentiator
Problem solved
Functional benefit
Brands
- Raidiam Connect: Enterprise-grade SaaS trust platform for securely sharing and managing sensitive data via APIs
- Raidiam Assure
- Raidiam Auth
- Raidiam ORCA
- Raidiam Advise
- Raidiam Enable
Products and services
- Raidiam Connect Enterprise-grade SaaS trust platform that securely shares and manages sensitive data via APIs. Combines a central directory of organisations and applications with embedded PKI capabilities, automated onboarding, certificate lifecycle management, and ecosystem discovery. Powers world's largest data-sharing ecosystems.
- Raidiam Auth Financial-grade OAuth 2.0 authorisation server providing secure, standards-compliant API access. FAPI 2.0-compliant with support for mTLS, PKCE, private key JWTs, and short-lived tokens.
- Raidiam Assure Conformance testing and certification services that verify and enforce data sharing ecosystem standards. Delivers automated testing and reporting for standards-based ecosystems including support for OpenID for Verifiable Credentials conformance testing.
- ORCA (AI-Powered Access Control) AI-powered policy generator that ingests OpenAPI specs and outputs a complete access control model without manual configuration. Embeds governance with automated RBAC generation from API specifications.
- Raidiam Advise Expert advisory services that unlock the potential of open banking, open finance and beyond. Provides strategic guidance for designing and implementing open data sharing ecosystems.
- Raidiam Enable Advice, consultancy and engineering support to design open data sharing ecosystems. Combines consulting expertise with engineering capabilities for ecosystem implementation.
- PCI DSS 4.0 Compliance Solution Out-of-the-box solution for automated credential rotation, certificate lifecycle management, and secure API access meeting PCI DSS 4.0 requirements for issuing and acquiring processors.
- 1033 Compliance Solution Out-of-box solution for CFPB Rule 1033 compliance combining participant registration, application creation, credential generation, resource management, and ecosystem discovery for US open banking.
Quantifiable outcome
- Up to two-thirds reduction in property transaction time and cost
- +2 more outcomes
Companies that use RAiDiAM
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
RAiDiAM technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature4 records
RAiDiAM partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- RECCo (Retail Energy Code Company)coreRaidiam appointed by RECCo alongside PayPoint to design and implement the Trust Framework for the Consumer Consent Solution (CCS) in the GB retail energy market. Raidiam provides digital trust infrastructure while PayPoint delivers the operational service model.
- OpenID FoundationcoreRaidiam joined OpenID Foundation's forthcoming independent conformance test program for OpenID for Verifiable Credentials as one of the first testing service providers. Raidiam will offer conformance testing as an independent service to schemes and solution providers worldwide, building on its experience delivering trust infrastructure for large-scale ecosystems.
- FCA (Financial Conduct Authority)coreFCA announced Smart Data Accelerator in collaboration with Raidiam and two TechSprints to promote open finance innovation in the UK, including in mortgages and SME finance sectors.
- Kantara InitiativecoreOpenID Foundation signed MoU with Kantara Initiative appointing Kantara as Authorized Auditor for the Foundation's independent conformance testing program. Raidiam is part of the program ecosystem supporting digital identity standards.
- Open Property Data Association (OPDA)corePartnership to launch UK's first Property Data Trust Framework - a government-backed Smart Data initiative applying Open Banking principles to property transactions, funded by Regulators' Pioneer Fund.
- Council for Licensed Conveyancers (CLC)corePartnership with CLC to deliver the 12-month Property Data Trust Framework project, supported by £742,700 government grant, aiming to reduce property transaction time/cost by up to two-thirds.
- Open Finance BrasilcoreRaidiam Connect enables the world's largest data-sharing ecosystem for Open Finance Brasil, supporting 159 banks/data providers, 173 data recipients, and 8.06 billion average monthly API calls.
- Digital Property Market Steering Group (DPMSG)minorDPMSG provides oversight for the Smart Property Data Trust Framework sandbox project testing property data sharing across the home-moving process.
- UK Fintech Delegation to New ZealandminorRaidiam joined UK fintech delegation (including Revolut, Starling, GBG, Ubyx, A24) visiting New Zealand to engage with regulators and industry on open finance frameworks at FinTech Hui Taumata summit.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
RAiDiAM competitors and assessment
Company assessmentDirect peers
- Token.io: Open banking payments network and account-to-account (A2A) infrastructure for banks, TPPs, and merchants. Comparable to Raidiam in operating open-banking trust and connectivity infrastructure, with overlap on bank/ecosystem onboarding.
- Tink (Visa): European open banking connectivity platform (acquired by Visa) that links banks, third parties, and financial data via PSD2-compliant APIs. Directly comparable to Raidiam Connect as a multi-bank API aggregation and onboarding layer for open finance ecosystems.
- Plaid: US-headquartered data network connecting consumer bank accounts to fintech applications. Comparable to Raidiam as an open banking/data-sharing infrastructure layer, though Plaid is consumer-account focused while Raidiam is ecosystem- and trust-framework focused.
- Yapily: UK/EU open banking API platform enabling banks and third parties to connect via PSD2. Comparable to Raidiam in providing open banking connectivity and onboarding for financial institutions and TPPs.
- TrueLayer: Open banking payments and data-sharing network for banks, fintechs, and merchants across the UK and Europe. Comparable to Raidiam in delivering the connectivity and trust layer for open banking ecosystems.
- Konsentus: Open banking third-party provider (TPP) verification and regulatory data platform for account servicing payment service providers (ASPSPs). Closest functional peer to Raidiam Assure/Connect for ecosystem trust and TPP onboarding.
- Curity: OAuth 2.0 and OpenID Connect server vendor with explicit FAPI profile support, serving financial-grade API security use cases. Directly comparable to Raidiam Auth as a standards-compliant financial-grade authorization server.
- Authlete: OAuth 2.0, OpenID Connect, and FAPI authorization server software vendor for financial and digital identity ecosystems. Closely comparable to Raidiam Auth in delivering FAPI-compliant authorization infrastructure as a managed service.
Broad incumbents
- Ping Identity (incl. ForgeRock): Major identity and access management (IAM) suite with deep bank/regulatory deployments, including OAuth, OIDC, and directory services. Comparable to Raidiam Connect/Auth at the identity layer, though Ping is a broad enterprise IAM incumbent rather than an open-banking-trust specialist.
- Okta: Cloud identity platform (including Auth0) with broad adoption across financial services for SSO, OAuth, and customer identity. Adjacent to Raidiam's identity and access control capabilities but a generalist incumbent rather than an open-banking trust specialist.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
RAiDiAM social profiles
Digital presenceRAiDiAM compliance and trust
Trust signalCompliance4 records
RAiDiAM financial estimates
Financial estimateRevenue estimate
Valuation estimate
RAiDiAM leadership team
Management profileNumber of profiles
Profiles3 records
RAiDiAM funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RAiDiAM M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RAiDiAM
What does RAiDiAM do?
RAiDiAM provides enterprise-grade SaaS trust infrastructure for secure API ecosystem management, combining directory services, embedded PKI certificate infrastructure, FAPI 2.0-compliant OAuth 2.0 authorization, AI-powered RBAC access control, and conformance testing. The platform underpins national open banking/open finance schemes, digital identity ecosystems, and payment ecosystems for governments, regulators, and financial institutions, including powering Open Finance Brasil with 159 banks, 173 data recipients, and 8.06 billion average monthly API calls.
Is RAiDiAM a public or private company?
RAiDiAM is a private company. It is classified as unknown and is currently operating.
When was RAiDiAM founded?
RAiDiAM was founded in 2016. It employs 11 to 50 people.
Where is RAiDiAM based?
RAiDiAM is headquartered in London, United Kingdom, in the Europe region.
How does RAiDiAM make money?
Two revenue lines are on record. SaaS Platform Subscriptions are the primary driver. The others are advisory and Professional Services.
Who are RAiDiAM's main competitors?
Direct peers on record are Token.io, Tink (Visa), Plaid, Yapily, TrueLayer, Konsentus, Curity and Authlete. Broad incumbents are Ping Identity (incl. ForgeRock) and Okta.
Does RAiDiAM have an API?
Yes. Raidiam provides a developer platform with sandbox access, API documentation, and references to Open Finance Brasil, Open Insurance Brasil, UAE Open Finance, and Open Banking ecosystems. The platform supports OpenID Federation, PKI/X.509 certificates, OAuth 2.0, trust registries, and sender-constrained tokens. Includes use cases for Open Data Ecosystems, Wallet Ecosystems, Agentic AI Access, and Sensitive API Access. Developer documentation is at www.raidiam.com/developers.
What industry is RAiDiAM in?
RAiDiAM's product category is API Trust Infrastructure. Its primary akta.pro industry code is FSAGACAF, Identity & Authentication for Open Banking (SCA support, token exchange), with a secondary code of FSAGACAC, Customer Permissioning & Consent Management (OAuth, scopes, revocation). Its NAICS code is 522320 and its SIC code is 6199.