Revolut introduces Open Banking for users in Germany
Revolut today announced the introduction of Open Banking for German users, thus enabling them to connect their accounts at Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse with the Revolut App and view all their finances in one place. The new offering has been developed in collaboration with London-based FinTech TrueLayer.
Joshua Fernandes, Product Owner for Open Banking at Revolut, explained, “With the introduction of the Open Banking function, our offering in Germany will be even more competitive, user-friendly, fast and accessible. We are delighted that the legislators have created the framework for a new digital financial landscape and are personally very proud that Revolut and TrueLayer are pioneering in this respect.”