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ndgit provides an Open Banking platform designed to facilitate the secure administration and management of both internal and external APIs for financial institutions. The core product enables banks and insurance companies to seamlessly connect with digital providers and innovative fintechs, supporting a wide range of Open Finance use cases that require robust third-party authorization and adhere to stringent security and standardization demands.
The company was established in 2016 by co-founders Florian Pahl and Oliver Dlugosch. Their foundational insight stemmed from the growing demand for a streamlined method for financial services organizations to engage with the burgeoning digital ecosystem. This vision led to the development of a comprehensive API banking platform, enabling efficient integration and fostering collaborative financial innovation.
ndgit primarily serves banks, insurance companies, and other financial institutions seeking to expand their digital offerings and participate in the open finance landscape. The company's overarching vision is to deliver an end-to-end solution that simplifies the connection of these institutions to the open finance ecosystem, ultimately enabling them to offer innovative digital financial services and adapt to evolving market demands.
ndgit has raised $6.0M across 2 funding rounds.
ndgit has raised $6.0M in total across 2 funding rounds.
ndgit has raised $6.0M in total across 2 funding rounds.
ndgit's investors include Capnamic Ventures, Dieter von Holtzbrinck Ventures, PROfounders Capital.
ndgit is a Munich‑based fintech company that provides an API-first open‑finance platform used by banks, insurers and fintechs to build connected digital financial products and comply with PSD2 and other open‑banking requirements[1][2]. ndgit’s platform acts as middleware that exposes standardized APIs, an API marketplace and workflow tools so incumbents can integrate third‑party services (account aggregation, KYC, scoring, e‑signature, lending flows) without replacing core banking systems[2][5].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick factual notes: ndgit is based in Munich, was founded in 2016, employs roughly 50–65 people depending on source, and reports service to 30–50+ banks and firms across Europe according to company and partner profiles[1][3][4].
ndgit has raised $6.0M across 2 funding rounds. Most recently, it raised $5.0M Series A in June 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2018 | $5.0M Series A | Capnamic Ventures | Dieter von Holtzbrinck Ventures, PROfounders Capital |
| Mar 1, 2017 | $1.0M Seed |