CLOWD9 enters open banking partnership with Ozone API

By Gloria Methri

CLOWD9 and Ozone API have entered a global strategic partnership, combining CLOWD9’s payments processing platform with Ozone API’s open banking services to create a powerful synergy in the financial industry.

Ozone API, a UK-based FinTech, specializes in helping banks and financial institutions adapt to innovations in Open Banking. The Ozone API platform enables banks anywhere in the world to deliver standards-compliant open banking APIs and to move beyond compliance and convert their APIs into more strategic and commercial channels. This expertise makes it an ideal partner for CLOWD9.

The primary purpose of the partnership is to offer additional services to clients and prospects. CLOWD9’s payments processing platform combined with Ozone API’s expertise in open banking will enable the two companies to address the unique needs and challenges faced by financial institutions and provide tailored solutions to drive growth and success.

By combining their strengths, they can create a seamless and comprehensive ecosystem that empowers banks and financial institutions to thrive in the new world of open finance.

Huw Davies, Co-founder and CEO at Ozone API, said, “The team at CLOWD9 have delivered an incredible cloud-based payments platform to power innovation for their customers. We are delighted to be partnering to combine our world-beating open finance API platform with the CLOWD9 technology stack. Together we can help banks adapt and thrive in the new world of open finance.”

Suresh Vaghjiani, Co-founder and CEO at CLOWD9, added, “Our customers choose CLOWD9, knowing that our platform has been designed specifically from inception to maximise all the advantages that the cloud brings, it is for this reason that we only partner with companies that provide best in class services. We are proud to be working with OZONE API as a technology leader in open banking. Ozone API empowers banks and financial institutions to adapt and thrive in the new world of open finance. Together we provide technology that delivers compliant open APIs and goes beyond, to monetize issuer processing and open banking globally.”