What Konsentus does

Konsentus is a UK-based open finance trust infrastructure provider founded in 2018 and headquartered in Reading. The company delivers real-time third-party provider (TPP) verification, regulatory authorization checking, and eIDAS certificate chain validation services to Account Servicing Payment Service Providers (ASPSPs), central banks, and regulators, primarily across European PSD2 and emerging open finance markets. Its core technology stack comprises the Konsentus Open Trust Platform (central infrastructure for open trust frameworks), Konsentus Verify (real-time identity and regulatory permission validation), and the Certificate Chain Service (eIDAS trust chain sourcing and maintenance), supported by an Advisory Services practice and Training Programme. Konsentus aligns with Berlin Group NextGenPSD2 and OpenID Foundation standards, and acquired Open Banking Europe in January 2021 to deepen its ecosystem position.

The company monetizes through enterprise subscription licensing of its platform and APIs to financial institutions and central banks, complemented by professional services revenue from advisory engagements. Pricing is custom and quote-based on an annual billing cadence, scaled to institution size, API volume, and geographic scope. Go-to-market combines direct enterprise field sales with an API-first developer motion featuring sandbox evaluation environments. Marketing is content-led, anchored on quarterly TPP Tracker research reports and thought-leadership content covering PSD2, PSD3, PSR, and FiDA. Konsentus claims over 500 financial institution customers across Europe and strategic backing from Mastercard (2019) and Conviction VC (2020). Leadership includes co-founder and CEO Mike Woods, COO Brendan Jones, co-founder David Parker, and Head of Product Dickie Smith.

Recent strategic activity signals continued expansion: geographic content now references Colombia, Uruguay, and Zambia; the 2021 acquisition of Open Banking Europe broadened the company's ecosystem reach; and the product narrative is pivoting toward PSD3, PSR, and FiDA readiness. Named customer logos (Enfuce, Bankdata, Knab, Moneyou) indicate traction with European challenger banks, payment processors, and core banking service providers rather than global tier-1 institutions. The company maintains a headcount of 51-100 employees and operates with a claimed 100% uptime track record.

Name

Konsentus

Legal name

Konsentus Limited

Website

https://konsentus.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Short description

Konsentus provides real-time third-party provider verification, regulatory authorization checking, and eIDAS certificate chain validation infrastructure to financial institutions and central banks, enabling PSD2 and open finance compliance primarily across European and emerging markets.

Ownership category

akta.pro rank

Product category

Open Banking / Open Finance Trust Infrastructure Software

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)

Keywords

• Open banking infrastructure
• TPP verification API
• PSD2 compliance software
• EIDAS certificate chain
• Open finance advisory

Headquarters

HQ city

Reading

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Technology Platform Licensing: Licensing of Konsentus Open Trust Platform, Verify, and Certificate Chain Service to financial institutions and central banks. Revenue generated from platform access, API usage, and ongoing support/maintenance fees.
2. Advisory Services: Specialist advisory services for open finance ecosystem creation, implementation and management. Includes consulting engagements, training programmes, and ongoing advisory support for regulators and financial institutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Konsentus provides an open finance trust infrastructure platform and specialist advisory services that enable financial institutions, central banks, and regulators to verify the identity and regulatory permissions of third-party providers in real time and to manage eIDAS certificate trust chains. Its core products — the Open Trust Platform, Verify, and Certificate Chain Service — are delivered as APIs and complemented by advisory and training engagements supporting PSD2/PSD3/PSR/FiDA compliance.

Product overview

Konsentus provides a unified portfolio of award-winning technology solutions and advisory services for trusted open finance ecosystems. The core offering centers on the Konsentus Open Trust Platform as the central infrastructure, complemented by two specialized verification products: Konsentus Verify (for real-time identity and regulatory permission validation) and Konsentus Certificate Chain Service (for eIDAS certificate trust chain management). Advisory Services and Training Programme round out the portfolio, providing implementation support and expertise. Together, these products enable countries and financial institutions to set up and operate secure, interoperable open finance frameworks globally.

Differentiator

Problem solved

Functional benefit

Products and services

• Konsentus Open Trust Platform Central technology platform that enables countries and financial institutions to build, manage and maintain a secure open trust framework for open finance ecosystems.
• Konsentus Verify Identity and regulatory validation service that enables financial institutions to identify authorized participants of open finance ecosystems and verify their permissions in real time at the point of API access.
• Konsentus Certificate Chain Service Service that sources eIDAS certificate trust chains so financial institutions can maintain their trust stores and secure their PSD2 APIs, removing the complexity of onboarding third parties.
• Konsentus Advisory Services Specialist advisory services that help countries and financial institutions accelerate the creation and operation of protected open finance ecosystems, combining regulatory expertise with technology implementation support.
• Konsentus Training Programme Training programme that supports implementation and operational excellence for participants in open finance ecosystems.

Quantifiable outcome

• Over 500 Financial Institutions in Europe use Konsentus technology
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and strategic.

• EnfucecoreTechnology or IntegrationEnfuce, a financial technology company, embeds Konsentus Verify into their managed service offering to deliver fast and efficient PSD2 APIs enabling secure exchange of data and funds for their customers.
• BankdatacoreTechnology or IntegrationBankdata uses Konsentus Verify for TPP validation to achieve high-level screening and risk reduction that would have been costly and troublesome to develop independently.
• KnabcoreTechnology or IntegrationKnab uses Konsentus Verify for regulatory compliance in their open banking gatekeeping, citing reliability, consistency, and availability of the service for keeping customers safe.
• MoneyoucoreTechnology or IntegrationMoneyou incorporates Konsentus into their digital banking platform to ensure customer protection and PSD2 compliance as they evolve their products and services.
• Berlin GroupstrategicStrategic or Co-development PartnerKonsentus references and aligns with Berlin Group NextGenPSD2 framework standards for open banking API specifications. Berlin Group publishes technical standards that Konsentus technology is designed to support.
• OpenID FoundationstrategicStrategic or Co-development PartnerKonsentus aligns with OpenID Foundation work on extending OAuth and OpenID-based authorization models for agentic and delegated consent in open banking.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Plaid: Dominant open finance data aggregation platform serving thousands of FIs and fintechs globally. A broader incumbent whose offerings overlap with Konsentus Verify at the data-sharing and connectivity layer, though Plaid is much more consumer/fintech facing.
• Envestnet Yodlee: Long-standing financial data aggregation platform serving wealth management, lending, and open banking use cases. Comparable to Konsentus in providing regulated FI customers with secure connectivity to consumer financial data.
• Finicity (Mastercard): Mastercard-owned open banking platform offering financial data aggregation and verification APIs. A direct strategic threat to Konsentus given Mastercard's investor relationship and Finicity's overlapping TPP validation capabilities.
• Tink (Visa): Visa-owned open banking platform providing account aggregation, payment initiation, and PSD2 compliance across Europe. A broad incumbent that competes with Konsentus Verify in TPP verification and certificate management at European FIs.
• MX Technologies: Open finance data platform serving North American banks and credit unions with aggregation, analytics, and connectivity. Comparable to Konsentus in offering trusted data connectivity infrastructure for regulated FIs.

Direct peers

• Token.io: Open banking payments and identity platform operating across Europe, providing PSD2-compliant connectivity. Directly comparable to Konsentus on the TPP verification and open banking access layer for FIs.
• Akoya: Open banking data access network spun out of The Clearing House, providing secure API-based financial data sharing. Competes with Konsentus Verify in TPP identity and permission validation for regulated open banking ecosystems.
• Yapily: Open banking infrastructure provider offering a single API for account information and payment initiation across European banks. Competes with Konsentus on the API-first distribution layer to financial institutions and TPPs.
• TrueLayer: UK-based open banking API provider enabling banks and fintechs to access TPP connectivity and payment initiation. Competes directly with Konsentus Verify and Certificate Chain Service for PSD2 compliance workloads across European FIs.
• Salt Edge: Open banking API aggregator and PSD2 compliance specialist serving banks, lenders, and fintechs across Europe and beyond. Overlaps with Konsentus on TPP connectivity, consent management, and regulatory compliance tooling.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/konsentusOB

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Konsentus