a Ozone API, the Open Banking API platform that has led the development of open ecosystem standards in the UK, has just raised £8.5 million (equivalent to about R$53 million, at current exchange rates). The FinTech Series A round was led by Gresham House Projectsa British fund specializing in scaling up high-growth software and technology businesses.
a Ozone API The company plans to use the financing to accelerate global expansion, while open banking is currently advancing in more than 60 markets around the world. In Brazil, for example, the company has an agreement with Techpan To develop an open finance platform.
Founded in 2017, Ozone API It enables banks around the world to comply with open regulation as well as create new revenue streams from the system. In practice, the UK fintech platform provides the technology so organizations can unleash the power of open financial data.
“Open finance is now an unstoppable, transformative force, and we have been at the forefront of this change. We are thrilled to… Gresham House Projects Collaborate with us to accelerate our global expansion,” said Hugh Davies, co-founder and CEO. Ozone APIin the note.
In Brazil, the company officially arrived in November 2022, with an operation based in São Paulo. The business in Latin America is led by Brazilian Fabio Caldera, exTechpan.
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