Priya PatelOzone API, the open banking platform, has raised £8.5m in Series A funding. The investment, led by Gresham House Ventures, will support Ozone API’s global expansion efforts.
Ozone API is known for its innovative approach to open banking and aims to redefine the banking sector by enabling institutions to leverage open APIs. The company’s platform ensures compliance with global regulations and allows banks to explore new revenue streams through secure and standards-compliant API technology.
Reflecting on the funding round, Huw Davies, Co-Founder & CEO of Ozone API, said, “Open finance is now an unstoppable transformational force and we’ve been at the forefront of driving this change. We’re thrilled that Gresham House Ventures is partnering with us to accelerate our global expansion.”
