YAXI
YAXI GmbH provides developers a unified Open Banking API for real-time access to 1,000+ European banks' accounts, balances, transactions, and SEPA instant payments, using Confidential Computing to keep credentials and data invisible to YAXI itself.
- Company typePrivate
- Founded2022
- HeadquartersNürnberg, Germany
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What YAXI does
YAXI GmbH is a Nürnberg-based open banking infrastructure provider founded in 2022 that offers developers programmatic access to 1,000+ European bank accounts, balances, transactions, and SEPA instant credit transfers through a unified API. Its core product is the YAXI Open Banking API paired with Routex Client SDKs available in JavaScript, Kotlin, Swift, Rust, C++, and Lua, enabling clients to integrate account information and payment initiation services without building or maintaining individual bank integrations.
The platform is differentiated by a Confidential Computing architecture that processes all data inside hardware-isolated secure enclaves on dedicated cloud hardware, using an on-device tunnel between user and bank, cryptographic attestation, and a post-quantum-safe opaque data protocol (HKDF-BLAKE2b-512 with ChaCha20-Poly1305). Because YAXI technically never sees, stores, or has access to user credentials or banking data, the system is fully stateless — every request is ephemeral — which allows the company to operate as infrastructure rather than as a licensed third-party provider or payment institution, avoiding the regulatory overhead typical of PSD2-era competitors.
The business model is product-led growth combined with usage-based monetization: a free tier offers up to 1,000 service calls per month with no credit card required; a Premium tier charges €0.15 per service call with a €500 monthly minimum; and an Enterprise tier provides custom pricing, SLA, compliance, and dedicated support for larger deployments. Customer segments span individual developers through to enterprises building e-commerce, finance management, identity verification, and account-aggregation applications. YAXI is not venture-capital funded; it is majority-backed by REINER, a German Mittelstand company specializing in trusted banking and identity hardware, while the three co-founders retain 45% ownership and full operational control.
YAXI firmographics
Firmographics- Name
- YAXI
- Legal name
- YAXI GmbH
- Website
- https://yaxi.tech
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- YAXI GmbH provides developers a unified Open Banking API for real-time access to 1,000+ European banks' accounts, balances, transactions, and SEPA instant payments, using Confidential Computing to keep credentials and data invisible to YAXI itself.
- Ownership category
- akta.pro rank
YAXI industry classification
Industry- Product category
- Open Banking Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- Account Verification & Ownership (AVS/AOV, micro-deposits, auth) (FSAGACAB)
- akta.pro secondary industry
- BaaS Platforms & Sponsor Bank Enablement (FSAGALAA)
Keywords
Where YAXI is headquartered
LocationHeadquarters
- HQ city
- Nürnberg
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
YAXI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Personnel, Operations, Marketing or Sales
Revenue model
- Usage-Based API Calls: Pay-per-service-call model where customers are charged per service call (€0.15 per service call for Premium tier). Service calls include SEPA instant credit transfers and balance/transaction retrievals. Minimal monthly commitment required for production usage.
- Free Tier: Free tier offering up to 1,000 service calls per month with real bank connections, enabling product-led growth and developer adoption. No credit card required. All services included with community support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free - Build and ship with no strings attached |
| Usage-based | Monthly | Premium - For products going to production |
| Hybrid | Multi-year contract | Enterprise - Custom SLA, compliance, and volume |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
YAXI product offering
Product offeringCore offering
YAXI provides a unified open banking API infrastructure that lets developers connect applications directly to 1,000+ European banks in real time. It exposes services for account information, balances, transactions, and credit-transfer initiation (including SEPA instant payments) through official SDKs and a self-service hub. All processing occurs inside hardware-isolated confidential-computing enclaves, so YAXI itself never accesses user credentials or banking data, allowing it to operate as infrastructure rather than a licensed payment institution.
Product overview
YAXI is a unified open banking infrastructure platform that provides secure, privacy-preserving API access to European banks. The core product consists of the YAXI Open Banking API combined with official Routex Client SDKs for JavaScript, Kotlin, Swift, Rust, C++, and Lua. The platform offers five integrated services: Accounts (account discovery), Balances (balance retrieval), Transactions (transaction history), Collect Payment (pre-defined payments), and Transfer (arbitrary credit transfers). All services leverage confidential computing technology to ensure YAXI never accesses user credentials or banking data. The ecosystem includes YAXI Hub for tenant/API key management. Developers can connect to 1,000+ European banks in real-time with no sandbox requirement.
Differentiator
Problem solved
Functional benefit
Products and services
- YAXI Open Banking API
Quantifiable outcome
- Live on 1,000+ European banks with real-time connections (vs competitors who refresh a few times per day)
- +2 more outcomes
Companies that use YAXI
Customer profileSegments3 records
Ideal customer profiles2 records
YAXI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature6 records
YAXI partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- DaoPay GmbHcoreDaoPay GmbH is a payment service provider licensed in Austria that issues digital certificates used by YAXI to connect to bank APIs. Depending on the bank, YAXI uses these digital certificates to establish connections. DaoPay is not involved in technical processing and never sees online banking credentials, order details, balances, transaction history, or other personal information. The name may appear on the bank's side due to certificate issuance.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
YAXI competitors and assessment
Company assessmentBroad incumbents
- Finicity: Mastercard-owned financial data aggregation platform offering account connectivity, verification, and cash flow underwriting. Overlaps with YAXI on the data aggregation and identity verification use cases, but at much greater scale and breadth.
Regional players
- Belvo: Open banking API platform primarily serving Latin America with expanding European presence. Comparable business model and API-first architecture to YAXI but focused on a different geography.
Direct peers
- Tink: European open banking platform (acquired by Visa) offering account information, payment initiation, and identity verification across 18+ markets. Direct competitor to YAXI on PSD2 connectivity and bank API multiplexing, with deeper enterprise distribution via Visa.
- Plaid: Largest open banking API platform connecting bank accounts to fintech apps in the US and increasingly in Europe. Competes directly with YAXI on account aggregation, balance/transaction retrieval, and identity verification, though typically with sales-led enterprise motion and sandbox-first onboarding.
- Yapily: European open banking API platform providing account information and payment initiation services to enterprises. Direct competitor to YAXI on PSD2 connectivity with an enterprise-led GTM motion.
- TrueLayer: UK-based open banking API platform focused on account connectivity and instant payments across Europe. Direct competitor to YAXI on PSD2-based AIS/PIS services for fintechs and merchants.
- Token.io: Open banking payment network focused on account-to-account payments across Europe. Direct overlap with YAXI's Collect Payment and Transfer services for SEPA instant credit transfers.
- Salt Edge: Open banking API aggregator serving banks and fintechs across Europe, the UK, and other regions. Competes with YAXI on multi-bank connectivity, account information, and payment initiation.
- Enable Banking: Open banking aggregator covering European banks via PSD2 APIs, offering account information and payment initiation. Comparable to YAXI on developer-facing API access and European bank coverage.
Emerging players
- Klarna Kosma: Klarna's open banking arm offering account connectivity and financial data APIs to third-party developers. Overlaps with YAXI on bank connectivity and developer-first API distribution, though bundled within Klarna's broader consumer finance ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
YAXI social profiles
Digital presenceYAXI financial estimates
Financial estimateRevenue estimate
Valuation estimate
YAXI leadership team
Management profileNumber of profiles
Profiles3 records
YAXI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
YAXI 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 YAXI
What does YAXI do?
YAXI provides a unified open banking API infrastructure that lets developers connect applications directly to 1,000+ European banks in real time. It exposes services for account information, balances, transactions, and credit-transfer initiation (including SEPA instant payments) through official SDKs and a self-service hub. All processing occurs inside hardware-isolated confidential-computing enclaves, so YAXI itself never accesses user credentials or banking data, allowing it to operate as infrastructure rather than a licensed payment institution.
Is YAXI a public or private company?
YAXI is a private company. It is classified as corporate owned and is currently operating.
When was YAXI founded?
YAXI was founded in 2022. It employs 1 to 10 people.
Where is YAXI based?
YAXI is headquartered in Nürnberg, Germany, in the Europe region.
How does YAXI make money?
Two revenue lines are on record. Usage-Based API Calls are the primary driver. The others are free Tier.
Who are YAXI's main competitors?
Finicity is listed as a broad incumbent. Belvo is listed as a regional player. Direct peers are Tink, Plaid, Yapily, TrueLayer, Token.io, Salt Edge and Enable Banking. Klarna Kosma is listed as an emerging player.
Does YAXI have an API?
Yes. YAXI provides an Open Banking API that enables developers to access European bank accounts, initiate payments, retrieve balances and transactions, and verify identities. The API uses OAuth 2.0 client credentials grant for authentication and provides services including Accounts, Balances, Transactions, Collect Payment, and Transfer. Real-time bank connections to 1,000+ European banks. Self-service signup with free tier (1,000 calls/month), premium tier at €0.15/service call with €500 monthly minimum, and enterprise custom SLA plans. Developer documentation is at docs.yaxi.tech.
What industry is YAXI in?
YAXI's product category is Open Banking Infrastructure. Its primary akta.pro industry code is FSAGACAB, Account Verification & Ownership (AVS/AOV, micro-deposits, auth), with a secondary code of FSAGALAA, BaaS Platforms & Sponsor Bank Enablement. Its NAICS code is 522320 and its SIC code is 7371.