Deutsche Börse partners with startups Finologee and figo to launch FinTech Acceleration platform | #Luxembourg #StartUPs | Luxembourg (Europe) | Scoop.it

The Deutsche Börse Group and its closely-tied services provider Clearstream are planning to join forces with FinTech startup figo from Germany and RegTech startup Finologee from Luxembourg. New possibilities await!


(Featured Image: Raoul Mulheims, co-founder and CEO of Finologee / Image Credit © Finologee)


The new team will create a platform capable of supporting exciting financial industry players and up-and-coming digitization companies to better manage their combined services and abilities. The goal? Creating new revenue opportunities.

Perhaps the biggest strength in this new partnership is the ability for all actors to leverage Deutsche Börse’s market and reference data and its functional services via Application programming interfaces (APIs). The group will also focus on hosting their already developed APIs and creating new ones in the new acceleration platform, eventually opening up to external providers for a sort of marketplace where all parties can consume and exchange APIs.

 

These APIs will help banks, insurance companies and FinTech providers better communicate and use data, and eventually lead to a more efficient set of financial product and services alternative.

 

Learn more / En savoir plus / Mehr erfahren:

 

https://www.scoop.it/t/luxembourg-europe/?&tag=StartUps 

 

https://www.scoop.it/t/luxembourg-europe/?&tag=LHoFT

 

https://www.scoop.it/t/luxembourg-europe/?&tag=FinTech