We got an exclusive look at the pitch deck that open banking startup Token used to raise $15 million from SBI and Sony

36 days ago Source: businessinsider.com

We got an exclusive look at the pitch deck that open banking startup Token used to raise $15 million from SBI and Sony

Open banking fintech startup Token has raised a $15 million Series B funding round. "Covid-19 has driven a move to digital payments and open banking APIs have stabilized," said CEO Todd Clyde. Open banking payments platform Token has raised $15 million in Series B financing. Open banking is the means by which third-party developers, such as Token, can build applications around existing financial institutions. The shift comes amid a shakeup in open banking infrastructure with banking payment rails faster and cheaper on average than card rails.

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