Moneyhub chooses Slovenia as base for EEA operations post-Brexit
Technologically advanced and hugely receptive to innovation, Slovenia is the perfect choice to fast track European growth for Moneyhub’s market leading Open Finance platform
As part of Moneyhub’s European expansion, the market leading Open Finance data, intelligence and payments platform, announces the opening of a new office in Ljubljana, Slovenia. With a thriving tech scene growing at pace, the Slovenian capital is the ideal hub from where to further support Moneyhub’s offering and to accelerate the international expansion of the business.
Moneyhub’s Open Finance platform was designed from the outset to support international expansion at scale, with in-built multi-currency functionality and a unique machine-learning categorisation engine, which is easily deployed to any market. Existing Moneyhub clients have already been able to expand to Ireland and Denmark, so the time is right to expand in Europe, particularly following Brexit and Open Banking PSD2 legislation gaining traction in Europe.
Moneyhub’s capability will be equally important in Europe as it is in the UK, enabling digital transformation and consent-driven data insights, essential for engagement with consumers. The time is right for all companies to seize the innovation opportunities provided by Moneyhub’s market-leading data, intelligence and payment APIs, which are key to unlocking secure, controlled and highly detailed data for the good of all.
Deep understanding of the international legislative landscape has meant that Moneyhub’s Open Finance platform is at the forefront of digital developments, including cross-sector ecosystems from financial services to telecommunications, retailing and utilities.
Moneyhub’s CTO and one of the founding partners Dave Tonge is already based in Ljubljana. As a co-founder of FDATA; co-editor of the FAPI specs underpinning Open Banking and the UK’s expert for ISO TC68 SC9/WG2 for all financial APIs, Dave is widely respected in Open Finance circles.
Moneyhub’s mission is to improve the financial wellness of people, their companies and their communities. The platform does this by powering businesses with its APIs and white label solutions, as well as direct to consumer personal financial management apps. The unparalleled levels of consumer insight achieved continuously shapes Moneyhub’s B2B offering.
Dave Tonge, CTO at Moneyhub commented: “During 2021, Moneyhub’s growth proposition will become increasingly international. We are on a mission to share the capabilities of Open Finance with businesses and consumers alike not just in the UK, but throughout Europe and the Middle East too. The opening of our new office in Slovenia further underlines our commitment to strengthening our European offering.
“Demand from non-UK financial services providers is a clear indicator of the appetite for Open Finance innovation and the leading role that Moneyhub is playing in its implementation. 2020 saw a momentous shift for Open Finance as more and more businesses realise its potential to transform not just how they work but the relationship with their customers. Our second European base means that we’re well placed to help current and future clients deliver transformative solutions to their customers and help them future proof their business.”
Notes to editors
For further information, please contact:
David Sells/Eleanor Ross at Teamspirit for Moneyhub
moneyhub@teamspirit.uk.com / 020 7360 7878
About Moneyhub
Moneyhub is the leading Open Finance platform that enhances the lifetime financial wellness of people, their communities and their businesses. Moneyhub’s APIs and white label solutions power businesses - both from within and from outside of financial services - with data connections and intelligence, leveraging Open Banking payments to enable hyper-personalised experiences that drive customer engagement.
The company takes consumer data security seriously and has been instrumental in the roll-out of Open Banking from its beginning. Providing Open Finance solutions since 2014, Moneyhub is authorised as AISP and PISP by the FCA, ISO-27001 certified, a founding member of FDTA and a member of EMA.