A new directory for open banking and open finance has been launched to allow global fintechs to connect with each other more easily.
The Open Future World directory has been spearheaded by conference organisers Open Future World. It is intended to bring together the global fintech community, making it easier to search for clients, service providers and potential partners in a multitude of countries.
The directory will feature both regulated and non-regulated entities, who can apply to be listed in the directory without charge.
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“When I’m talking with people in the open finance community, the most common question I’m asked is whether I can recommend a company offering a certain service in a particular region,” said Marie Walker, co-founder of the Open Future World directory.
“This directory is our answer to that need, helping companies connect and building awareness of what they have to offer.”
Several fintechs have been given access to a private beta version of the directory, with one describing it as “of huge benefit to anyone seeking to understand the players in the open banking and open finance world”.
“We want to encourage everyone in the sector to share their information and to make use of this free resource,” said Open Future World’s fellow co-founder Nick Cabrera.
“As the directory evolves, we’ll be able to map the ecosystem, add more advanced search functionality and highlight some of the great case studies that are emerging.”
The directory is being developed by the fintech community, with the support of other organisations involved in the ecosystem, such as data analytics firm findexable.
Simon Hardie, chief executive of findexable, said: “We are delighted to be a partner of the Open Future World directory.
“Through the Global Fintech Index our mission is to sort and benchmark fintech innovation wherever it’s found – and remove geographical location as a barrier to fintech success.
“The Open Future World directory is an important step to driving awareness of the breadth of open finance adoption and accelerating development, take-up and adoption of the technologies that will define our digital futures.”