say.money, a technology platform that provides innovative and rapidly deployable Open Banking solutions to banks and other account providers, has completed a round of funding growth of £ 2 million. Allowing further expansion and commercialization of the platform, the round of investment was led by serial fintech investor Craig Dewar.
to tell.money has quickly established itself as a leading option for banks and tech technologists looking to integrate PSD2 compliance and open banking API functionality into their systems.
Investments are designed to accelerate development to tell.money and expand the contractual customer base.
Former co-founder and CEO of Tuxedo, and now co-founder and CEO to tell.money, David Monty commented: “The successful closure of our investment round is a key step in our expansion. Since launching just two years ago, we have made great progress in creating to tell.the money brand is both an attractive proposition for both well-known banks and for technology-based account providers. The technology we have built is market-leading, and the liquidity we now have allows us to move forward to the next phase of our growth plans at an even greater pace as we build our team and look to expand into EU regions and beyond. its borders. “
Leading the funding round, Craig Dewar added his support: “We see to tell.money as an incredibly strong investment opportunity. The business is already growing rapidly, receiving excellent approvals from its customers at an early stage and seems to be becoming a major player in its field. ”
tell.money serves account providers, third-party vendors and account owners through a dedicated and fully compatible cloud API gateway that is fast, scalable, stable and instant. To support regulatory and compliance components, the platform additionally has built-in testing, monitoring and dynamic reporting capabilities that significantly reduce customer overheads for regulatory reporting.