finleap connect acquires Spanish open banking provider MyValue Solutions

By Megha Bhattacharya

finleap connect, an Open Banking platform in Europe, has acquired MyValue Solutions, an Open Banking company in the Iberian market. Through this first acquisition, finleap connect will benefit from MyValue Solutions bringing in its distinguished technology and significant customer base, including its status as a trusted partner for notable financial institutions.

“finleap connect joining forces with us in the Iberian market will further the accessibility of value-added services to our customers in the region. This implies great future prospects for the entire industry”, says Andrés Romerales, Founder & CEO, MyValue Solutions. “Combining our strengths will also unlock the ability to provide tech, retail and other non-financial services to clients, which will enlarge the target market for all of us,” Romerales continues.

The acquisition will complement finleap connect’s unique “full-stack” platform, enhancing financial transactions and data & analytics offerings, as MyValue Solutions’ product portfolio includes inter alia account services as well as cutting-edge categorization and enrichment technologies. MyValue Solutions currently provides its services to a vast customer base, including some of the largest financial institutions in the Iberian market.

With Spain and Portugal being amongst the most relevant European markets for Open Banking, the acquisition will enable finleap connect to offer straightforward access to the Iberian market for its client base.

“The acquisition of MyValue Solutions is an important step in our continued expansion across Europe. MyValue Solutions’ tech and talent has impressed us since the beginning, and we appreciate the opportunity to cooperate with the leading financial institutions in the Spanish & Portuguese market”, says Frank Kebsch, CEO, finleap connect. “Additionally, we welcome Claret Capital as our trusted partner in this journey, providing us with non-dilutive growth capital to further accelerate our strategic ambitions,” Kebsch adds.