Motive Labs, the value-creation arm of Motive Partners, an investment firm focused on technology-enabled companies that power the financial services industry, announced last week the launch of Infinite, which is described as a multi-bank API-enabled sandbox.
According to Motive Labs, Infinite enables users to accelerate the creation and management of a fintech ecosystem, underpinning the next generation of financial innovation. The company reported:
“Designed with a flexible architecture and delivered as a complete service, Infinite is a key enabler for any API-focused innovation activity, and will become a multi-bank adaptor and aggregator, over time delivering an advanced ‘FinTech App Store’ supporting a large range of financial APIs, creating significant competitive differentiation for its subscribers.”
Infinite will be led by new CEO of Motive Labs, Xavier Pansaers. Pansaers joined Motive Labs with more than 20 years of entrepreneurial and operational experience, having built and grown a number of technology firms and with specific expertise in revenue growth through delivering pricing, product and customer engagement strategies. Speaking about the new solution, Pansaers added:
“The genesis of Infinite, built in partnership with the industry and in-line with many new and leading global standards, is a unique opportunity that I am extremely excited to be a part of. I look forward to growing the business, building a highly talented team and serving the industry in new and unprecedented ways.”
