With open banking on the horizon, the fintech-SME love story is just beginning

Another great example of data-driven innovation is Open Banking. And its impact are just starting to become clear. This is a great summary of why.


Since open banking requires that banks make valuable data available via APIs, it is leading to a revolution in the way that small and mid-size enterprises (SMEs) are funded — one in which data, and not hard capital, is the most important factor driving fintech success.