Obconnect

OBCONNECT operates in the Open Banking sector, providing specialized solutions for both Fintech companies and traditional banks. The company focuses on creating non-restrictive, interoperable systems that drive collaboration and innovation within the financial ecosystem. OBCONNECT serves licensed Third-Party Providers (TPPs) and those in the process of gaining TPP status, offering plug-and-play solutions that integrate seamlessly with existing business propositions. The company also caters to banks looking to reduce costs and accelerate deployment by using system-agnostic Open Banking modules hosted on secure infrastructure, eliminating ongoing transaction costs.

The business model is centered around providing modular, scalable solutions that can be easily integrated into clients' existing systems. Revenue is generated through a clear pricing structure, avoiding volume-based fees, which makes costs predictable for clients. OBCONNECT's team comprises experts with hands-on experience in Open Banking, offering support through the design, build, and run phases, including fully outsourced TPP help desk support.

Keywords: Open Banking, Fintech, Banks, TPP, Plug-and-Play, Interoperability, Cost-Effective, Modular Solutions, Secure Infrastructure, Innovation.