Finton builds financial intelligence on Enable Banking’s Open Banking infrastructure

Source: Finton

Finton has gone live with Enable Banking’s Open Banking infrastructure, giving its users secure, consented access to data from more than 2,700 banks across 30 European countries. Through Enable Banking’s infrastructure, Finton can securely connect consented bank and transaction data and transform it into an understanding of how a person’s financial life is changing over time.

Most financial services see one slice of your money at a time. Your bank manages your mortgage, your card and your savings account as separate products. But understanding a person’s financial situation requires seeing how income, spending, debt, savings and recurring commitments relate to each other, and how those relationships change over time.

This is what Finton is building.

At the foundation is bank and transaction data. Through its strategic partnership with Enable Banking, Finton gains reliable Open Banking connectivity through a single infrastructure layer covering more than 2,700 banks across 30 European countries.

Rather than simply displaying transactions, Finton uses this data to identify patterns, relationships and changes across a person’s finances.

A salary payment is not only a transaction. Over time, it reveals changes in income and financial headroom. A recurring payment can indicate an ongoing commitment. Payments to lenders can help build an understanding of debt obligations, while movements between accounts can provide context around savings behaviour and liquidity.

By connecting these signals over time, Finton can move from showing what happened to understanding what it means.

This forms the core of Finton Intelligence, the technology Finton is developing to build a continuously evolving financial context around each user. That context can help identify changes, risks and opportunities and determine when something may be relevant for the user to understand or act on.

The partnership with Enable Banking also creates an important foundation for Finton’s future expansion. Enable Banking provides PSD2 API connectivity across the European (+ Iceland, Liechtenstein and Norway) Economic Area and handles differences between individual banks, authentication flows and changing APIs through one integration.

For Finton, this means the underlying intelligence can be built independently of any single bank or market.

“Transactions on their own are just individual data points. The value comes when you connect them over time and understand the patterns behind them; how someone earns, spends, saves, borrows and how that is changing. Enable Banking gives us the infrastructure we need to build that understanding reliably and eventually across markets,” says Olle Pettersson, founder of Finton.

The partnership also reflects a broader shift in financial services. Open Banking has made financial data accessible with customer consent, while AI is making it increasingly possible to interpret large amounts of that data. Finton’s ambition is to build the intelligence layer between the two. Transforming financial data into useful context for both consumers and financial institutions.

“Anyone can talk about Open Banking unlocking value, but Olle and the Finton team are building it. The shift from “here are your transactions” to “here is what your financial life is telling you” is where the real value sits, and it requires a data layer you can actually trust. Enable Banking exists precisely so that teams like Finton can focus on the intelligence layer, not the plumbing,” says Sarah Häger, chief commercial officer of Enable Banking.