Edy Bruinooge, Co-founder & CCO of IBANXS – From Startup to 2,500 Banks, How IBANXS is Challenging Open Banking Giants

In this episode, Martin talks with Edy Bruinooge, co-founder and Chief Commercial Officer of IBANXS, a leading open banking platform based in The Hague in the Netherlands. The conversation covers the company's rapid growth from its beginnings in 2019 to connecting with over 2,500 banks across Europe. Edy provides insights into their bootstrapped, profit-focused approach, contrasting with heavily funded competitors. He discusses their latest developments in payment and information services, particularly in collaboration with accounting software providers. Edy highlights their progress and expectations with PSD2, upcoming PSD3 regulations, and the impact of AI on their business operations. Listen to learn how IBANXS is striving to become a major player in the European open banking market while maintaining efficiency and customer-centric innovation.Links:https://www.linkedin.com/in/edybruinooge/https://www.linkedin.com/company/ibanxs/00:00 Introduction and Guest Welcome01:24 Recap of IBAN Exus and Its Origins02:56 Understanding IDEAL and Open Banking06:12 Challenges and Maintenance of Bank Connections08:01 Competition and Bootstrapping Philosophy15:35 Growth and Partnerships in Account Information Services27:45 Future Trends and Innovations in Open Banking32:24 Impact of AI and Final Thoughts