Qwist

About

Qwist is dedicated to accessing, analyzing and harnessing financial data and connecting third-party providers with banks’ account information. We envision ourselves as pioneering the future of Open Finance. To achieve this goal, we encompass the entire Open Finance ecosystem and offer products for all key users and needs. Based on our experience – as we power the largest banks for more than a decade – we can connect to 99% of customers bank accounts so, when you need the data on your customer, we will have it. As a regulated financial institution, we are entitled to supply data to your business, even if you don’t have a licence. In addition, our solutions facilitate the financing of 6.4 thousand high-value purchases per quarter (equivalent to € 374 million in annual loans), making us a valuable partner for online retailers and marketplaces that can offer their customers the ability to finance medium to large purchases through commercial bank loans. Today, the company has around 120 employees and serves more than 100 customers in the DACH region as well as in Spain and Portugal, including well-known banks, insurance companies and leading automotive platforms.