Two open banking providers have announced a strategic partnership. Clowd9 and Ozone API will now work together globally. Open API, as it names alludes to, provides open banking services to its clients. Clowd9 is a payments platform that will now be incorporated into the Ozone API offering.
Huw Davies, xo-founder and CEO at Ozone API, described the CLOWD9 cloud-based payments platform as “incredible,” adding that the combination will
“help banks adapt and thrive in the new world of open finance.”
Cloud9 CEO Suresh Vaghjiani said only partner with firms 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.”
Both companies are based in the UK where open banking services are mandated.