Fabrick, an Italy-based Open Finance operating company, has acquired finAPI GmbH, a leading German operator of Open Finance solutions. This strategic acquisition enables Fabrick to enter the DACH region, a significant market for scaling up operations and capitalizing on emerging opportunities in the Open Finance sector.

Fabrick's expansion into Germany marks a crucial milestone in its international growth strategy, allowing the company to tap into the DACH region's vast potential. With finAPI's established client base and technological expertise, Fabrick is well-positioned to drive innovation and expand its Open Finance services across Europe.

The acquisition is a testament to Fabrick's commitment to embedded finance, enabling the company to offer a comprehensive range of Open Finance services to its clients. By integrating finAPI's cutting-edge technology, Fabrick can enhance its payment orchestration and account-to-account payment solutions, catering to the growing demand for seamless financial services.

The DACH region, comprising Germany, Austria, and Switzerland, represents a critical market for Fabrick's expansion. With over 350 clients, including banks, financial service providers, fintech companies, insurance companies, and software providers, finAPI's acquisition significantly strengthens Fabrick's presence in Europe.

The partnership synergies between Fabrick and finAPI are poised to shape the future of Open Finance in Europe. Tanja Birkholz, CEO of SCHUFA, and Florian Haagen, CEO and Co-founder of finAPI, have expressed confidence in the partnership, highlighting Fabrick's technological capabilities and customer-oriented approach.

According to a Forrester Consulting report commissioned by Fabrick, a significant percentage of German decision-makers plan to invest in payment acceptance solutions, with high priorities assigned to payment orchestration and account-to-account payment solutions via API. This underscores the vast potential for growth in the DACH region and Fabrick's strategic positioning to capitalize on emerging opportunities.

In conclusion, Fabrick's acquisition of finAPI is a strategic move that positions the company for significant growth in the DACH region and beyond. By leveraging finAPI's expertise and client base, Fabrick is well-equipped to drive innovation and expand its Open Finance services, setting the stage for future developments in the embedded finance sector.