Digital banking leader Avaloq has launched an API platform for fintechs
May 16, 2020
Olivia Minnock

Core banking business Avaloq launches platform for fintechs

digital banking
core banking
Fintech
financial technology
Digital banking leader Avalog has announced the launch of a platform for fintechs.

The Switzerland-based company develops and provides software for co...

Digital banking leader Avalog has announced the launch of a platform for fintechs.

The Switzerland-based company develops and provides software for core banking, including its Avaloq Banking Suite.

On Tuesday, it launched avaloq.one, which operates with application program interfaces (APIs) so that fintechs can make their products open and available industry wide.

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Described as an ecosystem that “connects fintechs to banks”, avalog.one says it allows financial technology companies to “integrate with a market leading banking platform and create a showcase to demo a myriad of customer banks”.

Avaloq works with around 150 banks across the globe so it offers fintechs access to a variety of institutions via its new platform.

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