Ozone API, founded in 2017 and based in London, has developed a standards-based platform that enables banks to deliver open APIs that comply with regulation and drive new revenue streams. The company reports significant global momentum as more markets move toward open banking implementation. Ozone plans to accelerate international expansion, explicitly noting opportunities in markets including the US. It intends to use new funding to build its team and support all emerging open-banking standards. The company also aims to provide tools that help banks monetise their open APIs. No operating metrics were disclosed in the article.

Total raised

$11M

Funding rounds

1

Latest round

Series A

Latest activity

Jan 2024