FDATA adds Prometeo to its open finance network

By Vriti Gothi

The Financial Data and Technology Association (FDATA) has added Prometeo as its newest member, marking a further expansion of the trade body representing more than 30 FinTech companies and consumer-permissioned data access platforms across the U.S. and Canada.

Prometeo operates as a FinTech infrastructure provider focused on bank connectivity, account verification, payments initiation, and financial data access for businesses in Latin America and the United States. Its entry into FDATA comes as open banking and open finance frameworks gain momentum across multiple jurisdictions, raising the importance of cross-border interoperability, regulatory coordination, and secure data-sharing standards.

FDATA said Prometeo’s regional expertise would contribute to ongoing policy and industry discussions around consumer-permissioned data access and payments modernisation. “As open banking and open finance frameworks continue to evolve across markets, Prometeo’s perspective will be invaluable in advancing policies that promote secure access, interoperability, and consumer choice,” said Steve Boms, Executive Director of FDATA.

Through its membership, Prometeo will participate in FDATA-led engagement with regulators and industry stakeholders, with a focus on aligning regulatory approaches across jurisdictions in the Americas. This collaboration reflects a broader trend of infrastructure providers seeking a stronger voice in policy development as financial ecosystems become more interconnected.

“Joining FDATA is a natural step for Prometeo as we continue to support scalable, secure financial infrastructure across the Americas,” said Ximena Aleman, Co-Founder and Co-CEO at Prometeo. “We look forward to collaborating with FDATA members and policymakers to help shape a future where open finance delivers meaningful value to businesses and consumers alike.”

Prometeo provides an embedded banking platform and multi-bank API that connects businesses to financial institutions across the region, supporting automated access to account data and transaction capabilities. The company’s network spans more than 1,500 connections to 1,200 financial institutions across 11 Latin American countries, positioning it at the intersection of infrastructure development and regulatory evolution in the open finance landscape.