Ndgit, a Munich, Germany-based fintech startup that provides an API-banking platform, raised a low 7-digit funding round.
Backers included DvH Ventures and some business angels.
The company will use the funds to continue to develop the platform and expand operations.
Led by Oliver Dlugosch, CEO, and Florian Pahl, CTO, Ndgit provides a financial architecture for banking and insurance solutions. With the company’s technology, banks can implement their Open Banking and PSD2, deploy digital ecosystems, and integrate fintech’s specialized functions into their systems, via an API marketplace. Middleware technology allows users to develop end-to-end digital processes and application backends via APIs.