Fabrick, the open finance fintech, has announced an agreement to acquire finAPI GmbH, the leading German operator of open finance solutions, by purchasing 75% of its shares from SCHUFA Holding AG. The strategic acquisition, pending regulatory approval, will expand Fabrick’s footprint into the DACH region, enhancing its leadership in Europe’s open finance sector and enabling new embedded finance service models for over 800 clients. The merger leverages finAPI’s expertise in financial data aggregation and open banking, aiming to drive innovation and economic efficiencies in European payments.
Fabrick Announces the Agreement to Acquire finAPI GmbH
