Railsbank
Founders: Nigel Verdon (CEO), Clive Mitchell (COO)
Founded: 2016
Total Funding: $4.4M
Latest Funding: $100K Grant, July 2018
Keywords: Open-Banking, API platform
Who is it for: Banks, Fintechs
HQ: London, UK
“Giving regulated and un-regulated companies access to global banking”
Having founded one FinTech giant, Currency Cloud (see The FinTech50 Hall of Fame), Nigel Verdon co-founded Railsbank in 2016 with Clive Mitchell - the two have been friends since they were 13 years old. Railsbank provides an open banking and compliance platform that will give companies access to global wholesale banking services with 5 lines of code.