Apiture, a joint venture between First Data Corporation and Live Oak Bank, is an open API banking company focused on creating cutting-edge technology for financial institutions.
Apiture develops solutions that allow financial institutions the freedom to use any digital provider they want so they can focus less on contracts and more on their customers.
Apiture was founded in October 2017. The company is headquartered in Wilmington, North Carolina, with offices in Austin, Texas.
Apiture's flexible, highly configurable solutions meet a wide range of financial institutions’ needs, from leveling the playing field with larger banks to enabling unique, digital-only brands.
Apiture's APIs connect financial institutions directly to fintechs, allowing them to expand banking services beyond branches and digital domains, and into marketplaces where companies are seeking quick ways to provide banking solutions.
The Apiture Digital Banking Platform currently serves more than 300 banks and credit unions throughout the United States.
Apiture is backed by Live Oak Bank, Pinnacle Bank, BHG Financial, and others. The company raised $29M in a new round on Jul 14, 2022. This brings Apiture's total funding to $69M to date.