Eurobits Technologies
Eurobits Technologies is a Madrid, Spain-based European leader in PSD2 and financial data aggregation services, founded in 2004 with 51-100 employees serving banking, lending, and payments clients.
- Company typePrivate
- Founded2004
- HeadquartersMadrid, Spain
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Eurobits Technologies firmographics
Firmographics- Name
- Eurobits Technologies
- Website
- https://eurobits.com
- Company type
- Private
- Founded year
- 2004
- Headcount range
- 51–100 employees
- Short description
- Eurobits Technologies is a Madrid, Spain-based European leader in PSD2 and financial data aggregation services, founded in 2004 with 51-100 employees serving banking, lending, and payments clients.
- Ownership category
- akta.pro rank
Eurobits Technologies industry classification
Industry- Product category
- Open Banking Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant) (FSAMAFAC)
- akta.pro secondary industry
- Cross-Border FX, Multi-Currency & Treasury for Payments (FSAGABAK)
Keywords
Where Eurobits Technologies is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Markets served
Eurobits Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- API and Platform Services: Revenue generated from API access, data enrichment services, and payment processing capabilities provided to enterprise and mid-market clients through subscription and usage-based models.
- Transaction and Payment Processing: Fees collected from payment services including Pay by Bank, Auto Payments, Sweeping Variable Recurring Payments, and Payouts.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom enterprise and mid-market pricing |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Eurobits Technologies product offering
Product offeringCore offering
Eurobits Technologies is a Madrid-based European leader in PSD2 and Financial Aggregation Services, providing open banking infrastructure, payment services, and data enrichment capabilities. The company connects businesses to European banks and financial institutions through a single cloud-based API integration supporting both PSD2 and non-PSD2 data flows.
Product overview
Tink is a unified open banking platform-as-a-service offering a comprehensive suite of payment, data, and risk products through a single API integration. The platform connects to 6000+ European banks and financial institutions, providing both PSD2 and non-PSD2 data access. The product portfolio comprises core payment products (Pay by Bank, Auto Payments, Sweeping Variable Recurring Payments, Payouts), transaction data products (Transactions, Business Transactions, Investments, Loans, Data Enrichment, Merchant Information), financial verification products (Income Check, Expense Check, Balance Check, Account Check), risk assessment products (Risk Signals, Risk Insights), and consumer engagement tools (Money Manager). The platform operates under Tink's PSD2 license, enabling clients to launch open banking services without their own license, and offers SOC 2 Type II compliant infrastructure.
Differentiator
Problem solved
Functional benefit
Products and services
- Pay by Bank
Quantifiable outcome
- Application processing time reduced to less than 10 minutes for GF Money
- +4 more outcomes
Companies that use Eurobits Technologies
Customer profileNamed customers14 records
Segments4 records
Ideal customer profiles4 records
Eurobits Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature5 records
Eurobits Technologies partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and flagship.
- AdyencorePartnership enables Adyen to offer instant payments through open banking capabilities. Tink provides the technology infrastructure allowing Adyen to expand payment options for merchants globally with convenient, fast, and secure payment experiences.
- Bank NorwegiancoreBank Norwegian uses Tink's data tools for creditworthiness assessment supporting responsible lending decisions. Tink provides income and financial data that enables the digital customer journey for loan applications.
- PostNord StrålforscorePostNord Strålfors handles hundreds of millions of invoices annually and partnered with Tink to expand into account-to-account payments. The partnership enables simple, compliant, and user-friendly payment solutions integrated into existing channels.
- YounitedcoreYounited delivers instant credit decisions at scale across Europe using Tink's open banking capabilities. The partnership enables ultra-fast and hassle-free credit experiences for loan and retail purchase financing.
- KivracoreKivra partnered with Tink to develop a simpler payment solution leveraging PSD2. The partnership improved user experience with seamless payment integration in Kivra's existing channels.
- RevolutcoreRevolut partnered with Tink to expand open banking services across new markets in a fast and sustainable way. Tink enables Revolut to offer enhanced banking services to customers in new European markets.
- An Post MoneycoreAn Post Money partnered with Tink to enable Irish customers to manage money better, stay in control of expenses, and build financial confidence. The partnership provides personal money management capabilities.
- LydiacoreLydia partnered with Tink to provide users with the best possible financial management experience. The integration allows Lydia users to easily manage their financial daily lives within the app.
- GF MoneycoreGF Money uses Tink to verify income and creditworthiness, reducing application processing time to less than 10 minutes. The partnership increased automated funnel, approval rates, and reduced fraud risk.
- RockercoreRocker partnered with Tink for finance management capabilities. The partnership provides reliable service quality and uptime even with enormous customer volumes acquired in short timeframes.
- TraderacoreTradera partnered with Tink for account verification services creating friction-free user experiences on the online marketplace platform.
- SolidicoreSolidi partnered with Tink to enable crypto investment onboarding in less than two minutes. Tink's open banking payment system provides easy, frictionless payments for first-time crypto investors.
- BillogramcoreBillogram selected Tink as a scalable and reliable partner to make their product experience as simple and user-friendly as possible for payment processing.
- WealthifycoreWealthify uses Tink for seamless payment experiences that are quicker and more competitive than traditional card payments. The partnership maintains market-leading low fees for the investment platform.
- SnoopcoreSnoop partnered with Tink to provide contextual money-saving insights and deliver personalized, fast, and accurate customer experience using open banking data.
- SigmastockscoreSigmastocks uses Tink for optimized onboarding with easy integration and smooth developer experience. The partnership enables better investment platform onboarding.
- VisaflagshipTink operates as a Visa solution, providing global distribution reach and partnership status within Visa's ecosystem. This strategic relationship positions Tink as a trusted open banking platform with Visa's backing.
Scale indicators3 records
Eurobits Technologies competitors and assessment
Company assessmentDirect peers
- Yapily: London-based open banking infrastructure provider offering a single API for bank connectivity across European institutions. Competes directly with Eurobits in the data aggregation and A2A payments layer, targeting the same enterprise and fintech buyer base.
- TrueLayer: European open banking platform providing PSD2-based account connectivity, payments initiation, and financial data APIs. Closely comparable to Eurobits on product mix, target customer segments (banks, lenders, fintechs), and geographic focus on the UK and Europe.
- Tink: Visa-owned European open banking platform offering PSD2 data aggregation, account-to-account payments, and risk/verification products. Direct competitor to Eurobits in the European PSD2 aggregation market with overlapping customer base and product scope.
- Salt Edge: Open banking and PSD2 API platform with bank connectivity across Europe and beyond, serving banks, lenders, and fintechs. Similar mid-sized specialist profile to Eurobits, competing on the same aggregation and account-verification use cases.
- Token.io: Open banking payments network focused on account-to-account payments, VRP, and bank connectivity. Competes with Eurobits in the payments-orchestration use case within PSD2 and is comparable in customer profile (banks, merchants, payment service providers).
- Moneyhub: UK-based open banking and open finance data platform offering aggregation, payments initiation, and personal finance management. Closely comparable to Eurobits in PSD2 data aggregation and consumer-engagement use cases for the European market.
Broad incumbents
- Finicity (Mastercard Open Banking): Open banking and financial data platform owned by Mastercard, providing aggregation, verification, and cash-flow underwriting. Comparable to Eurobits on PSD2-adjacent aggregation and risk products, but bundled into a much larger incumbent card-network distribution.
- Plaid: Global data-aggregation and account-connectivity platform with growing European presence. Comparable to Eurobits on data aggregation, account verification, and income/risk products, but materially larger scale and broader geographic reach.
Emerging players
- Konsentus: European open banking and PSD2 specialist providing TPP identity and regulatory checking alongside data services. Comparable to Eurobits as a PSD2-focused European specialist targeting banks and fintechs.
- Bud Financial: Open banking data platform focused on transactional data enrichment, affordability, and lending risk analytics. Overlaps with Eurobits on PSD2 aggregation and credit/affordability use cases but with a more analytics-led positioning.
Market position
Strengths4 records
Weaknesses4 records
Key risks4 records
Key highlights5 records
Customer concentration
Eurobits Technologies social profiles
Digital presenceEurobits Technologies compliance and trust
Trust signalCompliance2 records
Eurobits Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eurobits Technologies leadership team
Management profileNumber of profiles
Profiles3 records
Eurobits Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eurobits Technologies 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 Eurobits Technologies
What does Eurobits Technologies do?
Eurobits Technologies is a Madrid-based European leader in PSD2 and Financial Aggregation Services, providing open banking infrastructure, payment services, and data enrichment capabilities. The company connects businesses to European banks and financial institutions through a single cloud-based API integration supporting both PSD2 and non-PSD2 data flows.
When was Eurobits Technologies founded?
Eurobits Technologies was founded in 2004. It employs 51 to 100 people.
Where is Eurobits Technologies based?
Eurobits Technologies is headquartered in Madrid, Spain, in the Europe region.
How does Eurobits Technologies make money?
Two revenue lines are on record. API and Platform Services are the primary driver. The others are transaction and Payment Processing.
Who are Eurobits Technologies's main competitors?
Direct peers on record are Yapily, TrueLayer, Tink, Salt Edge, Token.io and Moneyhub. Broad incumbents are Finicity (Mastercard Open Banking) and Plaid. Emerging players are Konsentus and Bud Financial.
Does Eurobits Technologies have an API?
Yes. Tink offers a cloud-based open banking API platform that enables payment services and data enrichment through one API integration. The platform provides access to 6000+ European bank connections for account-to-account payments, data aggregation, and financial analytics. Developers can access documentation at docs.tink.com, API reference, and Tink Link Demo for testing. Developer documentation is at docs.tink.com.
What industry is Eurobits Technologies in?
Eurobits Technologies's product category is Open Banking Platform. Its primary akta.pro industry code is FSAMAFAC, Bank-to-Bank Transfers & Pay-by-Bank (Consumer & Merchant), with a secondary code of FSAGABAK, Cross-Border FX, Multi-Currency & Treasury for Payments. Its NAICS code is 522320 and its SIC code is 6199.