Processing invoices is an integral part of running any business successfully at any stage. As the business continues to grow, the challenges associated with handling invoices lead to manual errors and the costs stemming from the use of both credit cards and traditional payment methods. Read here about how Payment Initiation Services via Open Banking help to overcome these challenges and brings more opportunities for businesses with increased profit margins, seamless payment journeys and no chargebacks for businesses.

Richard and Nicola Breyer, CEO of finleap connect, discuss how fintech leaders can become overwhelmed or confused about what steps to take to grow their companies, and how this can speed up the scaling process with the right mindset. They discuss everything from funding an enterprise to marketing and building a team, and how each action requires the right frame of mind to get the best results.

A complicated checkout process is one of the major reasons why users abandon the checkout process, as 17% of shoppers in the study conducted by Baymard institute in 2022 responded. Payment Initiation Service (PIS) uses Open Banking as a basis and allows for account to account payments without making  customers register for a payment service and without experiencing friction during the customer journey.

If you are working on an Open Banking & PSD2 application, by now you may be aware of the time-consuming and challenging testing processes. As an Open Banking platform provider, we were looking for a solution to enable our customers to easily test bank connections. Read more how we found our solution with Munich-based MockBank.

Embedded finance is a strong and fast-growing market that will reach a market cap of 7.2 trillion US dollars by 2030, according to a report by Mambu. That is twice the combined value of the world’s top 30 banks. What drives investors and businesses to invest in embedded finance, and what specific opportunities does this phenomenon create? We took a look into the industry’s key findings and interviewed two of our customers Engel & Völkers Smart Money and VR Bank Bad Salzungen Schmalkalden eG.  

Several weeks ago, we announced our partnership with Solarisbank AG and VR-Bank Bad Salzungen Schmalkalden e.G. to bring the VR-Perfekt Fankarte to life ⚽️ The Fankarte is just one of many real-life examples of how #embeddedfinance can enable brands to create a tailored payment experience for their customers. But how can brands leverage embedded finance to reach the top of the digital wallet? This we answered together with Solarisbank in this Insights Blog article.

In Germany, April 22nd, 2021, marked the twentieth anniversary of the nationwide campaign day, Girl’s Day (Mädchen-Zukunftstag). To mark this special occasion, Christina Cassala from German fintech blog Payment & Banking asked several leaders in the fintech industry about the importance of the day, as well as what their companies are doing to support the next generation of female fintech leaders. Among those interviewed was our Chief Risk Officer, Dr. Lea Maria Siering. 

This year, Capital Magazin analyzed and published an extensive study on the functionality of financial apps. To this end, the study asked a very important question: What can these apps really do? We asked our Chief Commercial Officer, Andreas Reuß, this very question. 

Our mission at finleap connect is to bring financial services to life by understanding how customers transact and interact. By connecting a highly interdependent, yet fragmented, landscape created by the open banking revolution, we drive value to our partners, building on our market leading connectivity to high quality financial data. Check out our new layer structure.

Meet our Head of Open Banking, Katja Hunstock. Read more about her exciting career and perspective on the newest trends in Open Banking.

The global fintech industry has been gravitating towards open banking solutions and products over the past couple of years, especially since the advent of the Revised Payment Services Directive (PSD2). Among other things, PSD2 allowed fintech companies to start gaining access to payment accounts to standardized, regulated Application Programming Interfaces (APIs). Before merging to become […]

Is the market acting too slowly with regard to digitization in corporate banking? Established banks are in danger of losing this next important race. The contact to corporate customers is in a state of constant change.
finleap connect CRO Cornelia Schwerter explains how digital corporate banking is the future of fintech.

A warm welcome to our newest Italian market team members in Milan! They joined us with deep SME knowledge and will further develop our banking solutions for SMEs. As announced today, the SME business banking platform Penta decided to close its business operations in Italy to focus on their core market in Germany. finleap connect will take over the great team.

The past few months have been demanding, forcing every business, company and individual to examine and reevaluate how they go about their day-to-day lives. We interviewed some of our connectors about the learnings they’ve taken with them since the Corona crisis began.

Happy International Day of Diversity! Since diversity is one of our most important company values, we wanted to celebrate by interviewing one of our colleagues, Tech Lead, Yuna Morgenstern. Read on to find out about their experience over 12 years of working in tech, and what they think companies can do to bolster diversity.

Our team is rethinking risk management. Find out what opportunities arise from redefining the management of non-financial risks (NFR) and how it can be transformed into a valuable tool for corporate management.

Unser Team denkt Risikomanagement neu. Erfahren Sie hier, welche Chancen sich durch die Neudefinition des Managements der nicht-finanziellen Risiken (NFR) ergeben und wie es zu einem wertvollen Werkzeug der Unternehmenssteuerung umfunktioniert werden kann.

In addition to our offices in Berlin, Hamburg and Frankfurt, there are international market teams based in Milan, Madrid and Paris. General Managers Marco Berini, Ignacio Garcia and Nicolas Montes-Edwards are driving their teams to offer finleap connect’s state-of-the-art technologies and products to local business partners and financial service providers in Italy, Spain and France, respectively.

Seit Mitte März arbeiten wir bei finleap connect, wie viele andere Unternehmen, im Home-Office. Unserem Team ist aufgefallen, dass sich die zusätzliche Zeit zuhause gut für einen finanziellen Frühjahrsputz eignet. Reinemachen im Budget, Bankkonto und den eigenen Versicherungen!

Die aktuelle Krise stellt die gesamte Finanzbranche vor neue Herausforderungen. finleap connect hat daher eine unabhängige Plattform eingerichtet, um den Wissensaustausch zu Sourcing-Themen in der Finanzbranche zu fördern.
In Webinaren teilen Referenten ihr Expertenwissen, regen zur Diskussion, Erfahrungs- und Wissensaustausch an und und leisten damit einen Beitrag für einen weiterhin stabilen Betrieb. Unser Expertenteam freut sich auf Ihre Teilnahme!

In light of the COVID-19 outbreak and its impact on the economy, the German government and Finance Minister Olaf Scholz have agreed on a comprehensive aid package for companies in Germany. These measures are intended to help companies to cope with the corona crisis, e.g. through continued wage payments, and to secure their liquidity. The […]

Die Bundesregierung hat ein Maßnahmenpaket beschlossen, mit dem Unternehmen bei der Bewältigung der Corona-Krise unterstützt werden. Die KfW Bankengruppe hat nun die Aufgabe, die kurzfristige Versorgung der Unternehmen mit Liquidität zu erleichtern. Die Beantragung der Kredite erfolgt über die Hausbanken. Lesen Sie hier, wie Banken ihre Kunden schnell im Antragsprozess unterstützen können!

Happy International Women’s Day! To celebrate this year, we’ve interviewed Shafaq Kazmi, Senior Frontend Engineer at finleap connect, about the tech scene and diversity in Berlin. Read on to find out about her upbringing in Pakistan, her advice to companies looking to become more diverse, and her role models.

On February 11th, 2020, for the first time, finleap connect hosted a Product Management Meetup with speakers from Omio and Daimler AG on building state-of-the-art digital products in fintech and beyond. Our Principal Product Manager, Stefan Schüssler, shared how we build products at finleap connect.

The whole finleap ecosystem got together and celebrated the successes of 2019 at the annual finleap Christmas party. This year, finleap traveled back in time to a colorful era. The motto of this year’s party: Ugly ’90s! As a tradition, all fins (finleap employees) and team members of the ecosystem took the dress code of the party seriously. The costumes included neon colors, oversized t-shirts, tattoo bracelets, and the Spice Girls. Let’s recap the finleap party of the year!

From our experience in the fintech market, most insurance companies do not seem to be fully aware of their potential in Open Banking. Most of them are still not using the opportunities coming from accessing customer bank statements to their fullest extent. Therefore, we think there is plenty of space to develop innovative solutions in the insurance market, all driven by PSD2 and Open Banking. finleap connect is able to fulfill the insurance market needs with 3 distinctive offerings.

PSD2 und Open Banking schaffen ein enormes Potenzial für innovative Lösungen im Versicherungsmarkt. Auf Grundlage der Nutzung von Bank- und Transaktionsdaten können individualisierte, digitale Versicherungsprodukte entwickelt werden. Dieses Potenzial schöpfen bislang die wenigsten Versicherungen voll aus. Hier kommen finleap connects Lösungen, speziell zugeschnitten auf die Bedürfnisse der Versicherungen, ins Spiel.

Bankathon #7 in Prague was the largest and most international Bankathon so far, with 27 competing teams consisting of 93 developers, from 7 countries. During the 30 hours of coding, they worked with 6 APIs on 6 different theme tracks and 21.000€ prize money was awarded after the Final Pitches – enabled by 16 Bankathon partners.

Going forward, finleap streamlines its efforts to fully digitalize the finance industry by adding the new business unit finleap connect. finleap connect unites finleap’s expertise and products as well as talent from its international markets team, the fintech platforms finreach solutions, infinitec solutions, and the banking service provider figo.