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Meanwhile lets just say that we are proud Oliver Dlugosch contributed a whooping 50 entries.
Funding partner DVH Ventures recently interviewed ndgit’s founders, Oliver Dlugosch and Florian Pahl, to get a quick snapshot of the business and discover what sparked its creation and success. Here’s what they found out…
Today the first three-month test phase under PSD2 begins – allowing TPPs to test services offered by banks in a sandbox. But that’s not the end of the PSD story! There are some other PSD2 dates you should keep in mind..
PSD2 is a starter drug for many into open banking. PSD2 means implementing a software that follow all PSD2 rules i.e. an out-of-the-box solution from providers like ndgit.
PSD2 and Open Banking have paved the way for banking transformation. But compliance and regulation aside, what else is driving change, how should banks respond and how does this impact their service direction?
Ensuring seamless consent management is a cornerstone of PSD2 implementation. Here, Oliver Dlugosch, CEO of ndgit, explains how dedicated APIs can help banks reduce complexity and make processes smoother.
While current guidelines necessitate Two-Factor Authentication, some transactions are exempt. Oliver Dlugosch, CEO of ndgit, clarifies the secure ‘rules of engagement’ for Banks and Payment Service Providers.
In 2018, PSD2 effectively lit a touch paper to wholescale Banking transformation. It may be a slow burn but, according to Oliver Dlugosch, CEO of ndgit, it’s already generated far-reaching changes to investment attitude and strategy.
Neon is the first independent account app in Switzerland. It combines innovative fintech functions with account and card products from partners. To achieve this, neon relies on NDGIT’s API platform. Its technology enables the quick connection to Finstar®, the open banking platform of Hypothekarbank Lenzburg, and the use of various user-friendly functions such as digital onboarding and personal finance management. neon is extending the free beta phase until the end of 2018.
Vestbee hosts what it describes as the largest online start-up challenge in Central and Eastern Europe. The NDGIT API platform has been awarded first place in this competition, prevailing over numerous competitors in three rounds of judging.
The Series A financing is led by Capnamic Ventures which is joined by London-based VC PROfounders. The existing investors, Dieter von Holtzbrinck Ventures and Business Angels, are also participating in this financing round. With 4 million euros of fresh capital, the software company NDGIT has the means to further accelerate its growth. This will primarily involve expanding the team and advancing product development.
