Ivy
Ivy offers an open banking platform that facilitates instant, secure, and cost-effective bank payments for businesses, streamlining transactions by bypassing traditional payment intermediaries.
Status
Active
Category
FinTech
Total Funding
$27.7M
HQ
Munich, Germany
Founded
2021
About the company
Ivy is a fintech company specializing in instant bank payments through open banking technology. Their platform enables businesses to accept direct bank transactions, eliminating the need for traditional intermediaries like credit cards or digital wallets. This approach reduces transaction costs, enhances security, and ensures real-time settlement of funds. Ivy's services cater to various industries, including e-commerce, travel, and marketplaces, providing seamless integration via a unified API that connects to over 500 million bank accounts across more than 50 countries.