Report Overview
Open banking APIs, or application program interfaces, facilitate open banking and enable financial institutions to share financial data with one another, typically through a third-party-developed application. Banking API providers such as emerging FinTech companies and collaborators create those third-party-developed applications to improve traditional banking systems and make the digital banking industry better for everyone.
The global Open Banking API market size was estimated at USD 20320 million in 2023 and is projected to reach USD 73679.78 million by 2032, exhibiting a CAGR of 15.40% during the forecast period.
North America Open Banking API market size was estimated at USD 6778.22 million in 2023, at a CAGR of 13.20% during the forecast period of 2025 through 2032.
This report provides a deep insight into the global Open Banking API market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Open Banking API Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Open Banking API market in any manner.
Global Open Banking API Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Google
SAS
Mastercard
Salt Edge
Yodlee
TrueLayer
Plaid
Token
Tink
Bud Financial
Yapily
Klarna
Impress Solutions
Trovata
Basiq
Market Segmentation (by Type)
Payment Initiation Sevice API
Account Information Service API
Others
Market Segmentation (by Application)
Consumer
Enterprise
Financial Institution
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Open Banking API Market
Overview of the regional outlook of the Open Banking API Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Open Banking API
1.2 Key Market Segments
1.2.1 Open Banking API Segment by Type
1.2.2 Open Banking API Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Open Banking API Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Open Banking API Market Competitive Landscape
3.1 Global Open Banking API Revenue Market Share by Company (2019-2025)
3.2 Open Banking API Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Open Banking API Market Size Sites, Area Served, Product Type
3.4 Open Banking API Market Competitive Situation and Trends
3.4.1 Open Banking API Market Concentration Rate
3.4.2 Global 5 and 10 Largest Open Banking API Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Open Banking API Value Chain Analysis
4.1 Open Banking API Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Open Banking API Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Open Banking API Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Open Banking API Market Size Market Share by Type (2019-2025)
6.3 Global Open Banking API Market Size Growth Rate by Type (2019-2025)
7 Open Banking API Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Open Banking API Market Size (M USD) by Application (2019-2025)
7.3 Global Open Banking API Market Size Growth Rate by Application (2019-2025)
8 Open Banking API Market Segmentation by Region
8.1 Global Open Banking API Market Size by Region
8.1.1 Global Open Banking API Market Size by Region
8.1.2 Global Open Banking API Market Size Market Share by Region
8.2 North America
8.2.1 North America Open Banking API Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Open Banking API Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Open Banking API Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Open Banking API Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Open Banking API Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Google
9.1.1 Google Open Banking API Basic Information
9.1.2 Google Open Banking API Product Overview
9.1.3 Google Open Banking API Product Market Performance
9.1.4 Google Open Banking API SWOT Analysis
9.1.5 Google Business Overview
9.1.6 Google Recent Developments
9.2 SAS
9.2.1 SAS Open Banking API Basic Information
9.2.2 SAS Open Banking API Product Overview
9.2.3 SAS Open Banking API Product Market Performance
9.2.4 SAS Open Banking API SWOT Analysis
9.2.5 SAS Business Overview
9.2.6 SAS Recent Developments
9.3 Mastercard
9.3.1 Mastercard Open Banking API Basic Information
9.3.2 Mastercard Open Banking API Product Overview
9.3.3 Mastercard Open Banking API Product Market Performance
9.3.4 Mastercard Open Banking API SWOT Analysis
9.3.5 Mastercard Business Overview
9.3.6 Mastercard Recent Developments
9.4 Salt Edge
9.4.1 Salt Edge Open Banking API Basic Information
9.4.2 Salt Edge Open Banking API Product Overview
9.4.3 Salt Edge Open Banking API Product Market Performance
9.4.4 Salt Edge Business Overview
9.4.5 Salt Edge Recent Developments
9.5 Yodlee
9.5.1 Yodlee Open Banking API Basic Information
9.5.2 Yodlee Open Banking API Product Overview
9.5.3 Yodlee Open Banking API Product Market Performance
9.5.4 Yodlee Business Overview
9.5.5 Yodlee Recent Developments
9.6 TrueLayer
9.6.1 TrueLayer Open Banking API Basic Information
9.6.2 TrueLayer Open Banking API Product Overview
9.6.3 TrueLayer Open Banking API Product Market Performance
9.6.4 TrueLayer Business Overview
9.6.5 TrueLayer Recent Developments
9.7 Plaid
9.7.1 Plaid Open Banking API Basic Information
9.7.2 Plaid Open Banking API Product Overview
9.7.3 Plaid Open Banking API Product Market Performance
9.7.4 Plaid Business Overview
9.7.5 Plaid Recent Developments
9.8 Token
9.8.1 Token Open Banking API Basic Information
9.8.2 Token Open Banking API Product Overview
9.8.3 Token Open Banking API Product Market Performance
9.8.4 Token Business Overview
9.8.5 Token Recent Developments
9.9 Tink
9.9.1 Tink Open Banking API Basic Information
9.9.2 Tink Open Banking API Product Overview
9.9.3 Tink Open Banking API Product Market Performance
9.9.4 Tink Business Overview
9.9.5 Tink Recent Developments
9.10 Bud Financial
9.10.1 Bud Financial Open Banking API Basic Information
9.10.2 Bud Financial Open Banking API Product Overview
9.10.3 Bud Financial Open Banking API Product Market Performance
9.10.4 Bud Financial Business Overview
9.10.5 Bud Financial Recent Developments
9.11 Yapily
9.11.1 Yapily Open Banking API Basic Information
9.11.2 Yapily Open Banking API Product Overview
9.11.3 Yapily Open Banking API Product Market Performance
9.11.4 Yapily Business Overview
9.11.5 Yapily Recent Developments
9.12 Klarna
9.12.1 Klarna Open Banking API Basic Information
9.12.2 Klarna Open Banking API Product Overview
9.12.3 Klarna Open Banking API Product Market Performance
9.12.4 Klarna Business Overview
9.12.5 Klarna Recent Developments
9.13 Impress Solutions
9.13.1 Impress Solutions Open Banking API Basic Information
9.13.2 Impress Solutions Open Banking API Product Overview
9.13.3 Impress Solutions Open Banking API Product Market Performance
9.13.4 Impress Solutions Business Overview
9.13.5 Impress Solutions Recent Developments
9.14 Trovata
9.14.1 Trovata Open Banking API Basic Information
9.14.2 Trovata Open Banking API Product Overview
9.14.3 Trovata Open Banking API Product Market Performance
9.14.4 Trovata Business Overview
9.14.5 Trovata Recent Developments
9.15 Basiq
9.15.1 Basiq Open Banking API Basic Information
9.15.2 Basiq Open Banking API Product Overview
9.15.3 Basiq Open Banking API Product Market Performance
9.15.4 Basiq Business Overview
9.15.5 Basiq Recent Developments
10 Open Banking API Regional Market Forecast
10.1 Global Open Banking API Market Size Forecast
10.2 Global Open Banking API Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Open Banking API Market Size Forecast by Country
10.2.3 Asia Pacific Open Banking API Market Size Forecast by Region
10.2.4 South America Open Banking API Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Open Banking API by Country
11 Forecast Market by Type and by Application (2025-2032)
11.1 Global Open Banking API Market Forecast by Type (2025-2032)
11.2 Global Open Banking API Market Forecast by Application (2025-2032)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Open Banking API Market Size Comparison by Region (M USD)
Table 5. Global Open Banking API Revenue (M USD) by Company (2019-2025)
Table 6. Global Open Banking API Revenue Share by Company (2019-2025)
Table 7. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Open Banking API as of 2022)
Table 8. Company Open Banking API Market Size Sites and Area Served
Table 9. Company Open Banking API Product Type
Table 10. Global Open Banking API Company Market Concentration Ratio (CR5 and HHI)
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. Value Chain Map of Open Banking API
Table 13. Midstream Market Analysis
Table 14. Downstream Customer Analysis
Table 15. Key Development Trends
Table 16. Driving Factors
Table 17. Open Banking API Market Challenges
Table 18. Global Open Banking API Market Size by Type (M USD)
Table 19. Global Open Banking API Market Size (M USD) by Type (2019-2025)
Table 20. Global Open Banking API Market Size Share by Type (2019-2025)
Table 21. Global Open Banking API Market Size Growth Rate by Type (2019-2025)
Table 22. Global Open Banking API Market Size by Application
Table 23. Global Open Banking API Market Size by Application (2019-2025) & (M USD)
Table 24. Global Open Banking API Market Share by Application (2019-2025)
Table 25. Global Open Banking API Market Size Growth Rate by Application (2019-2025)
Table 26. Global Open Banking API Market Size by Region (2019-2025) & (M USD)
Table 27. Global Open Banking API Market Size Market Share by Region (2019-2025)
Table 28. North America Open Banking API Market Size by Country (2019-2025) & (M USD)
Table 29. Europe Open Banking API Market Size by Country (2019-2025) & (M USD)
Table 30. Asia Pacific Open Banking API Market Size by Region (2019-2025) & (M USD)
Table 31. South America Open Banking API Market Size by Country (2019-2025) & (M USD)
Table 32. Middle East and Africa Open Banking API Market Size by Region (2019-2025) & (M USD)
Table 33. Google Open Banking API Basic Information
Table 34. Google Open Banking API Product Overview
Table 35. Google Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 36. Google Open Banking API SWOT Analysis
Table 37. Google Business Overview
Table 38. Google Recent Developments
Table 39. SAS Open Banking API Basic Information
Table 40. SAS Open Banking API Product Overview
Table 41. SAS Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 42. SAS Open Banking API SWOT Analysis
Table 43. SAS Business Overview
Table 44. SAS Recent Developments
Table 45. Mastercard Open Banking API Basic Information
Table 46. Mastercard Open Banking API Product Overview
Table 47. Mastercard Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 48. Mastercard Open Banking API SWOT Analysis
Table 49. Mastercard Business Overview
Table 50. Mastercard Recent Developments
Table 51. Salt Edge Open Banking API Basic Information
Table 52. Salt Edge Open Banking API Product Overview
Table 53. Salt Edge Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 54. Salt Edge Business Overview
Table 55. Salt Edge Recent Developments
Table 56. Yodlee Open Banking API Basic Information
Table 57. Yodlee Open Banking API Product Overview
Table 58. Yodlee Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 59. Yodlee Business Overview
Table 60. Yodlee Recent Developments
Table 61. TrueLayer Open Banking API Basic Information
Table 62. TrueLayer Open Banking API Product Overview
Table 63. TrueLayer Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 64. TrueLayer Business Overview
Table 65. TrueLayer Recent Developments
Table 66. Plaid Open Banking API Basic Information
Table 67. Plaid Open Banking API Product Overview
Table 68. Plaid Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 69. Plaid Business Overview
Table 70. Plaid Recent Developments
Table 71. Token Open Banking API Basic Information
Table 72. Token Open Banking API Product Overview
Table 73. Token Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 74. Token Business Overview
Table 75. Token Recent Developments
Table 76. Tink Open Banking API Basic Information
Table 77. Tink Open Banking API Product Overview
Table 78. Tink Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 79. Tink Business Overview
Table 80. Tink Recent Developments
Table 81. Bud Financial Open Banking API Basic Information
Table 82. Bud Financial Open Banking API Product Overview
Table 83. Bud Financial Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 84. Bud Financial Business Overview
Table 85. Bud Financial Recent Developments
Table 86. Yapily Open Banking API Basic Information
Table 87. Yapily Open Banking API Product Overview
Table 88. Yapily Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 89. Yapily Business Overview
Table 90. Yapily Recent Developments
Table 91. Klarna Open Banking API Basic Information
Table 92. Klarna Open Banking API Product Overview
Table 93. Klarna Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 94. Klarna Business Overview
Table 95. Klarna Recent Developments
Table 96. Impress Solutions Open Banking API Basic Information
Table 97. Impress Solutions Open Banking API Product Overview
Table 98. Impress Solutions Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 99. Impress Solutions Business Overview
Table 100. Impress Solutions Recent Developments
Table 101. Trovata Open Banking API Basic Information
Table 102. Trovata Open Banking API Product Overview
Table 103. Trovata Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 104. Trovata Business Overview
Table 105. Trovata Recent Developments
Table 106. Basiq Open Banking API Basic Information
Table 107. Basiq Open Banking API Product Overview
Table 108. Basiq Open Banking API Revenue (M USD) and Gross Margin (2019-2025)
Table 109. Basiq Business Overview
Table 110. Basiq Recent Developments
Table 111. Global Open Banking API Market Size Forecast by Region (2025-2032) & (M USD)
Table 112. North America Open Banking API Market Size Forecast by Country (2025-2032) & (M USD)
Table 113. Europe Open Banking API Market Size Forecast by Country (2025-2032) & (M USD)
Table 114. Asia Pacific Open Banking API Market Size Forecast by Region (2025-2032) & (M USD)
Table 115. South America Open Banking API Market Size Forecast by Country (2025-2032) & (M USD)
Table 116. Middle East and Africa Open Banking API Market Size Forecast by Country (2025-2032) & (M USD)
Table 117. Global Open Banking API Market Size Forecast by Type (2025-2032) & (M USD)
Table 118. Global Open Banking API Market Size Forecast by Application (2025-2032) & (M USD)
List of Figures
Figure 1. Industrial Chain of Open Banking API
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Open Banking API Market Size (M USD), 2019-2032
Figure 5. Global Open Banking API Market Size (M USD) (2019-2032)
Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 8. Evaluation Matrix of Regional Market Development Potential
Figure 9. Open Banking API Market Size by Country (M USD)
Figure 10. Global Open Banking API Revenue Share by Company in 2023
Figure 11. Open Banking API Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 12. The Global 5 and 10 Largest Players: Market Share by Open Banking API Revenue in 2023
Figure 13. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 14. Global Open Banking API Market Share by Type
Figure 15. Market Size Share of Open Banking API by Type (2019-2025)
Figure 16. Market Size Market Share of Open Banking API by Type in 2022
Figure 17. Global Open Banking API Market Size Growth Rate by Type (2019-2025)
Figure 18. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 19. Global Open Banking API Market Share by Application
Figure 20. Global Open Banking API Market Share by Application (2019-2025)
Figure 21. Global Open Banking API Market Share by Application in 2022
Figure 22. Global Open Banking API Market Size Growth Rate by Application (2019-2025)
Figure 23. Global Open Banking API Market Size Market Share by Region (2019-2025)
Figure 24. North America Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 25. North America Open Banking API Market Size Market Share by Country in 2023
Figure 26. U.S. Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 27. Canada Open Banking API Market Size (M USD) and Growth Rate (2019-2025)
Figure 28. Mexico Open Banking API Market Size (Units) and Growth Rate (2019-2025)
Figure 29. Europe Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 30. Europe Open Banking API Market Size Market Share by Country in 2023
Figure 31. Germany Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 32. France Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 33. U.K. Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 34. Italy Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 35. Russia Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 36. Asia Pacific Open Banking API Market Size and Growth Rate (M USD)
Figure 37. Asia Pacific Open Banking API Market Size Market Share by Region in 2023
Figure 38. China Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 39. Japan Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 40. South Korea Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 41. India Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 42. Southeast Asia Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 43. South America Open Banking API Market Size and Growth Rate (M USD)
Figure 44. South America Open Banking API Market Size Market Share by Country in 2023
Figure 45. Brazil Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 46. Argentina Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 47. Columbia Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 48. Middle East and Africa Open Banking API Market Size and Growth Rate (M USD)
Figure 49. Middle East and Africa Open Banking API Market Size Market Share by Region in 2023
Figure 50. Saudi Arabia Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 51. UAE Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 52. Egypt Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 53. Nigeria Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 54. South Africa Open Banking API Market Size and Growth Rate (2019-2025) & (M USD)
Figure 55. Global Open Banking API Market Size Forecast by Value (2019-2032) & (M USD)
Figure 56. Global Open Banking API Market Share Forecast by Type (2025-2032)
Figure 57. Global Open Banking API Market Share Forecast by Application (2025-2032)
