fino digital
fino digital is a BaFin-licensed, PSD2-compliant Open Banking software provider founded in 2015 in Kassel, Germany, offering AI-powered account analytics, digital account switching, credit scoring, AML/fraud prevention, and autonomous AP-automation agents to 1,000+ banks, fintechs, insurers, and SMEs across the DACH region.
- Company typePrivate
- Founded2015
- HeadquartersKassel, Germany
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What fino digital does
fino digital GmbH (legal entity: fino run GmbH) is a Kassel, Germany-based B2B/B2B2C software provider founded in 2015 that builds AI-powered Open Banking infrastructure for financial services. The company operates as a BaFin-licensed Account Information and Payment Initiation Service Provider (AISP/PISP) under PSD2, processing account transaction data through German-hosted Tier-4 data centers certified to ISO 27001 and PCI-DSS. Its core technology combines PSD2-compliant account access with proprietary analytics — a 500-category transaction classifier, a contract recognition engine, a logo/merchant database, and a predictive finance engine — that converts raw bank transaction data into structured, decision-ready insights.
The portfolio is organized into four product lines: fino kontowechsel (digital account, depot, and estate account switching — the original 2015 product and current German market leader); fino analytics (Open Banking Modules, the fino-Cockpit sales assistant, digital self-disclosure, and liquidity management); fino trust (account verification, credit scoring, and AI-driven AML & fraud prevention with cross-account pattern recognition); and fino ai-agents (autonomous AI agents for accounts-payable automation, invoice verification, payment approval, and liquidity management). The platform is offered as whitelabel-ready API integrations and serves 1,000+ banks and partners with 5M+ end customers, including Sparkassen, Volksbanken Raiffeisenbanken, ING, Atruvia, AXA, Barmenia, DATEV, Interhyp, ImmoScout24, and Qonto.
The business model is a hybrid of recurring B2B SaaS licensing for enterprise deployments and usage-based API/module access for fintechs, supplemented by implementation and integration professional services. Distribution is primarily direct enterprise sales in the DACH region (Germany and Austria) with named account managers for banking, international business development, and AI innovation; partnerships with channel players (DATEV, Qonto, Raiffeisen e-force) extend reach into mid-market and European segments. The company is bootstrapped, self-financed, and reports profitability from inception, with no external funding rounds disclosed.
fino digital firmographics
Firmographics- Name
- fino digital
- Legal name
- fino run GmbH
- Website
- https://fino.digital
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- fino digital is a BaFin-licensed, PSD2-compliant Open Banking software provider founded in 2015 in Kassel, Germany, offering AI-powered account analytics, digital account switching, credit scoring, AML/fraud prevention, and autonomous AP-automation agents to 1,000+ banks, fintechs, insurers, and SMEs across the DACH region.
- Ownership category
- akta.pro rank
fino digital industry classification
Industry- Product category
- Open Banking & Financial Data Analytics Software
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Credit Bureaus (561450)
- SIC
- Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA)
- akta.pro secondary industries
- Account Verification & Ownership (AVS/AOV, micro-deposits, auth) (FSAGACAB), Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC), Income & Employment Verification (VOI/VOE, payroll-linked data) (FSAGACAE)
Keywords
Where fino digital is headquartered
LocationHeadquarters
- HQ city
- Kassel
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
fino digital business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- B2B SaaS Licensing: Software licensing fees for banks, financial institutions, and fintechs accessing fino digital's account analysis, switching, and verification solutions. Solutions are offered as whitelabel-ready integrations.
- API/Usage-Based Access: Modular Open Banking modules available on a per-use basis including categorization, contract recognition, payment, Logo API, and analysis services.
- Professional Services: Implementation, integration, and consulting services for enterprise clients requiring customized deployment.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels8 records
fino digital product offering
Product offeringCore offering
fino digital provides a BaFin-licensed, PSD2-compliant Open Banking SaaS platform that uses AI to analyze bank account transaction data in real time for banks, fintechs, credit intermediaries, and insurance companies. Its products enable digital account switching, AI-based customer and credit analytics, KYC/account verification, AML and fraud prevention, and AI-agent-driven accounting and payment automation, typically delivered as whitelabel-ready enterprise integrations.
Product overview
fino digital offers a modular B2B/B2B2C platform centered on AI-powered account and data analytics for financial services. The core portfolio comprises four main products: (1) fino kontowechsel - digital account/savings/depot/estate switching; (2) fino analytics - AI-based account data analysis including fino-Cockpit (smart sales assistant), Open Banking Modules, Digitale Selbstauskunft (digital self-disclosure), and Liquiditätsmanagement (cash flow management); (3) fino trust - account verification, credit scoring, and AML/fraud prevention; and (4) fino ai-agents - AI-powered accounting automation. The platform integrates via PSD2/Open Banking APIs and serves 1000+ banks and partners with 5M+ end customers across Germany.
Differentiator
Problem solved
Functional benefit
Brands
- fino kontowechsel: Account switching solutions for banks including Kontowechselservice, Kontowechselhilfe, Depotwechselservice, and Nachlasskontowechsel
- fino analytics
- fino trust
- fino ai-agents
Products and services
- fino kontowechsel Digital account switching service for banks enabling private and business customers to switch bank accounts, securities accounts (Depot), or estate accounts. Includes AI-based automation, ZKG-compliant switching assistance, depot transfer in under 5 minutes, and Nachlasskontowechsel for inheritance cases. Sold to banks and credit intermediaries as whitelabel-ready software.
- fino analytics AI-based account and data analytics platform that analyzes PSD2-authorized transaction data in real time to generate insights on financial situations, credit profiles, contracts, liquidity, and life-changing events for banks, fintechs, credit intermediaries, and insurance companies.
- fino trust
- fino ai-agents AI-powered automation platform for accounts payable, payment processing, and accounting. Automates invoice verification, payment approval, liquidity management, and audit documentation across ERP, DMS, and banking systems. Targets SMEs and corporates in industry, retail, wholesale, and logistics.
Quantifiable outcome
- 90% less manual effort in invoice approval processes
- +4 more outcomes
Companies that use fino digital
Customer profileNamed customers29 records
Segments6 records
Ideal customer profiles5 records
fino digital technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature8 records
fino digital partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, flagship and minor.
- InterhypcoreInterhyp, Germany's leading mortgage broker, selected fino digital for creditworthiness data validation in their instant mortgage decision process. fino's real-time account analysis with 500 categories provides high-quality credit data enabling precise assessment of customer financial situations. Customers receive binding loan decisions from ING within 30 minutes maximum.
- ImmoScout24coreOpen Banking innovation for real estate sector. ImmoScout24 offers customers digital address change service from fino digital, benefiting anyone who found a new apartment, house, or commercial property via ImmoScout24 and is organizing their move.
- QontocoreEuropean financial solution for SMEs integrates fino digital's account switching service for business accounts. Account switching is free of charge for Qonto users. Business customers benefit from services of data analysis experts from Kassel.
- Raiffeisen e-forcecoreAustrian cooperative banking technology provider chooses fino digital as new provider for account switching service. Represents expansion of fino's activities in the neighboring Austrian market.
- Deutsche BankflagshipJoint initiative in Data Studio Strategy Roundtable in Frankfurt. Collaboration on FIDA/Open Finance whitepaper 'Open Finance and FinTechs – Turning Regulation into Collaboration'. Deutsche Bank participates in strategic discussions on Open Finance implementation.
- TechQuartierflagshipInnovation hub in Frankfurt co-hosts Data Studio Strategy Roundtable with fino digital and Deutsche Bank. Platform for FinTech collaboration and Open Finance research.
- Wow!Bankingminorfino digital is a founding member of the Wow!Banking initiative, which conducted the 'Future Report German Financial Industry 2026' study with FHDW Hannover on digital readiness of savings banks and cooperative banks.
- FHDW HannoverminorAcademic partner in Wow!Banking initiative. Scientific partner for 'Future Report German Financial Industry 2026' study examining digital readiness of regional banks.
- DATEVcoreIntegration partnership for accounting and tax software. fino's solutions integrate with DATEV systems for seamless data exchange with accounting software used by German businesses and tax advisors.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
fino digital competitors and assessment
Company assessmentDirect peers
- TrueLayer: UK-headquartered Open Banking platform offering account information and payment initiation APIs. Comparable technology stack and target customer segments as fino's Open Banking Modules.
- Tink (Visa): European Open Banking platform owned by Visa offering PSD2 account aggregation, categorization, and payment initiation APIs. Directly competes with fino digital's fino analytics and Open Banking Modules across European markets.
- Yapily: European Open Banking infrastructure provider offering account aggregation and payment initiation APIs to banks and fintechs. Directly comparable to fino on B2B API-driven Open Banking services.
- FinTecSystems: German-Austrian fintech providing bank account data aggregation, categorization, and risk scoring APIs to banks, lenders, and fintechs. Closest DACH regional competitor to fino's analytics and trust products.
- Salt Edge: Open Banking and account data aggregation platform serving banks, lenders, and fintechs globally. Offers PSD2-compliant connectivity and analytics modules directly comparable to fino's product portfolio.
Broad incumbents
- Plaid: Global Open Banking/account connectivity platform with growing European presence. Competes with fino on multi-bank account aggregation and transaction categorization at a larger scale and broader geographic footprint.
- Deposit Solutions / BBVA-Granite: Originally a German deposit marketplace acquired by BBVA. Comparable as a German fintech scaled via bank partnerships and now embedded inside a major European incumbent — a relevant strategic exit analogue for fino digital.
- CRIF: European credit bureau and business information provider offering open banking-based credit decisioning and AML solutions. Comparable to fino trust (credit scoring, AML pattern recognition) at a significantly larger incumbent scale.
Regional players
- Atruvia: IT service provider for the German cooperative banking sector (Volksbanken Raiffeisenbanken). Listed as both partner and adjacent competitor — provides banking infrastructure that overlaps with fino's analytics layer for the cooperative banking segment.
Emerging players
- NDGIT: German fintech providing API banking infrastructure for PSD2-compliant account access and payment initiation. Comparable as a smaller-scale Open Banking infrastructure provider targeting German banks and fintechs.
Market position
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
fino digital social profiles
Digital presencefino digital compliance and trust
Trust signalCompliance6 records
fino digital financial estimates
Financial estimateRevenue estimate
Valuation estimate
fino digital leadership team
Management profileNumber of profiles
Profiles7 records
fino digital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
fino digital 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 fino digital
What does fino digital do?
fino digital provides a BaFin-licensed, PSD2-compliant Open Banking SaaS platform that uses AI to analyze bank account transaction data in real time for banks, fintechs, credit intermediaries, and insurance companies. Its products enable digital account switching, AI-based customer and credit analytics, KYC/account verification, AML and fraud prevention, and AI-agent-driven accounting and payment automation, typically delivered as whitelabel-ready enterprise integrations.
Is fino digital a public or private company?
fino digital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was fino digital founded?
fino digital was founded in 2015. It employs 101 to 250 people.
Where is fino digital based?
fino digital is headquartered in Kassel, Germany, in the Europe region.
How does fino digital make money?
Three revenue lines are on record. B2B SaaS Licensing is the primary driver. The others are API/Usage-Based Access and professional Services.
Who are fino digital's main competitors?
Direct peers on record are TrueLayer, Tink (Visa), Yapily, FinTecSystems and Salt Edge. Broad incumbents are Plaid, Deposit Solutions / BBVA-Granite and CRIF. Atruvia is listed as a regional player. NDGIT is listed as an emerging player.
Does fino digital have an API?
Yes. fino digital operates as a BaFin-certified Account Information and Payment Initiation Service Provider (AISP/PISP) offering PSD2-compliant Open Banking APIs. The Open Banking Modules provide PSD2-compliant access to account transaction data combined with analytics modules including categorization, contract recognition, payment processing, Logo API, and pre-configured analysis services. The Logo API (logo-datenbank.de) enables logo recognition and matching. The company provides real-time account verification via PSD2 interface, enabling transaction matching and account holder verification. Developer documentation is at psd2-openbanking.de.
What industry is fino digital in?
fino digital's product category is Open Banking & Financial Data Analytics Software. Its primary akta.pro industry code is FSAGACAA, Account Aggregation & Connectivity (Multi-bank linking), with a secondary code of FSAGACAB, Account Verification & Ownership (AVS/AOV, micro-deposits, auth). Its NAICS code is 52232 and its SIC code is 6099.