GoCardless
has announced its plans to acquire Nordigen, the freemium open banking data provider, as it builds on its vision to become the world's bank payment network. GoCardless will incorporate Nordigen's next-generation open banking connectivity -- offering the widest coverage in Europe, connecting to more than 2,300 banks in 31 countries -- into its account-to-account network.
Hiroki Takeuchi, Co-founder and CEO of GoCardless, said: "Over the past few years it's been amazing to watch open banking grow from a trend on the horizon to a global phenomenon which has given rise to a market worth over $400 billion. We realised early on that this technology would drive bank payments for decades to come and over the last 18 months, we've accelerated our push into open banking as part of our vision to build the world's bank payment network.
