finleap connect Acquires MyValue Solutions to Expand European Markets

finleap connect, the largest independent Open Banking platform in Europe, announced that it has acquired MyValue Solutions, the second largest provider of Open Banking solutions in the Spanish market. 

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Through this first acquisition, finleap connect will benefit from MyValue Solutions bringing in its distinguished technology and significant customer base, including its status as trusted partner for notable financial institutions. Additionally, the acquisition advances finleap connect's international expansion and reinforces its presence in one of the most relevant European markets with regard to Open Banking. 

The acquisition will complement finleap connect's unique "full-stack" platform, enhancing financial transactions and data & analytics offerings, as MyValue Solutions' product portfolio includes inter alia account services as well as cutting-edge categorization and enrichment technologies. 

By virtue of finleap connect's PSD2 license, MyValue Solutions' technologies, services and products will now be accessible not only to regulated financial institutions, but to new entire verticals like fintechs, insurance companies, retail companies et al. finleap connect will quadruple the target market for MyValue Solutions' products and create an extended variety of use cases for them. MyValue Solutions' 27 employees will join the finleap connect organization immediately and support the tech team and distribution of its product portfolio in Spain and Portugal. 

"The acquisition of MyValue Solutions is an important step in our continued expansion across Europe. MyValue Solutions' tech and talent has impressed us since the beginning, and we appreciate the opportunity to cooperate with the leading financial institutions in the Spanish & Portuguese market," said Frank Kebsch, CEO, finleap connect.