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ARRtist on AIR - Meaningful conversations with Software & AI leaders

266: Unlocking the Power of Financial Data: How Open Banking Is Enabling New Business Models

13 Oct 2025

Description

Qwist is a regulated financial institution pioneering the future of Open Finance by connecting third-party providers with bank account data. With over a decade of experience, Qwist enables access to 99% of customer bank accounts and supports businesses—even those without a financial license—with secure data services. Their platform powers over €374 million in annual loans, helping finance 6,400+ high-value purchases per quarter, making it a key partner for online retailers and marketplaces. With 120 employees, Qwist serves 100+ clients across the DACH region, Spain, and Portugal, including top banks, insurers, and automotive platforms.

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