Loanitt Limited has announced the launch of its new Open Banking brand to market – Kyiper.
Loanitt Limited, which was granted its European Open Banking Licence in November 2021, has established Kyiper to develop innovative Open Banking solutions catering to a range of industries.
Loanitt Limited is only the 4th registered Account Information Service Provider (AISP)/Open Banking Licence holder in Ireland, and 1 of a total of 84 AISP license holders across the entirety of the EU.
The licence enables Kyiper to access an individual or SME’s account data from their financial institutions and Kyiper is currently engaged with clients building solutions across industries such as Banking, Insurance, and Gaming.
Kyiper can deliver technology solutions addressing a range of corporate issues including customer/client onboarding, customer/client decisioning and money management services.
Loanitt Limited was founded in 2019 and Kyiper is the second brand to market, following the success of the Intermediary brand launched in late 2019 which has seen Loanitt establish itself as the largest Financial Intermediary in Ireland expanding licences and products into the market including Car Finance, Agri & Commercial Finance, New & Switcher Mortgages and more recently Insurance products.
Loanitt Limited is soon to open a Series-A fundraise. This fundraise is to fund the growth of both brands, however, to date considerable international investor interest has been received with respect to Kyiper and its products.