We are representing Nordigen, a freemium open banking data provider from Latvia, in a transaction selling Nordigen’s shares to GoCardless, the global leader in direct bank payments.
GoCardless will incorporate Nordigen’s next-generation open banking connectivity – offering the widest coverage in Europe, connecting to more than 2,300 banks in 31 countries – into its account-to-account network.
About the acquisition
The acquisition means the fintech will provide free open banking connectivity at scale, opening up to everyone self-serve access to account information services (AIS). In addition, its suite of premium data products will help to improve outcomes across a range of use cases, from credit assessments to customer engagement.