Company News
Quiltt Joins Mastercard's Start Path Program
A major milestone for Quiltt and the future of fintech!
Quiltt is thrilled to be chosen for Mastercard's prestigious Start Path program. We look forward to leveraging this opportunity to scale our open banking technology and deliver even greater value to our customers. Stay tuned for exciting updates as we continue to reshape the financial landscape!
Mastercard Article:
Scaling open banking to unlock fintech innovation and enable choice
Mastercard Start Path is championing nine startups across open banking and embedded finance
Mastercard is introducing nine fintechs to the Start Path Open Banking and Embedded Finance program, supporting them on their scaling journey and shared mission to transform the financial services landscape by powering experiences that enable consumer and small business choice. From eliminating manual money movement processes to cash flow forecasting tools that help consumers stay in control, these fintechs are broadening networks that support global data exchange.
The Start Path program provides exposure to Mastercard’s market-leading open banking technology, data connectivity and analytics offerings. Participating companies also receive access to Mastercard’s ecosystem of banks, merchants, partners and digital players across the globe. Participating startups receive curated programming and a dedicated sponsor who can provide guidance and expertise as well as make introductions to prospects. In turn, these startups look around corners, stay on the edge of emerging technologies and share insights to unlock fintech innovation.
Frequently Asked Questions
What advantages does Quiltt offer over direct provider integration?
Quiltt significantly reduces the complexity and resource investment required to leverage open banking data:
- Single Integration: Instead of building and maintaining multiple provider integrations, you integrate once with Quiltt.
- Unified API: Access data from any provider through one consistent API, eliminating the need to handle provider-specific data formats.
- Provider Optimization: We automatically route users to the best provider for their specific bank, improving connection success rates.
- Cost Efficiency: Benefit from our aggregated buying power and avoid minimum monthly commitments with individual providers.
- Faster Time to Market: Launch in weeks instead of months with our pre-built components and comprehensive SDKs.
- Simplified Operations: One contract, one integration, one support team, and one bill - dramatically reducing the overhead of managing multiple vendor relationships.
Can I start with one provider and add more later?
Absolutely. Many of our customers start with a single provider and expand their provider network as their needs evolve. If you're on the Startup plan or above, you can easily enable additional providers through the Quiltt Dashboard at any time. There's no need to integrate new code or negotiate additional contracts - just toggle on the providers you want to use. If you're on our builder plan, send an email to sales@quiltt.io and we can set you up with one of our higher tiers!
What aggregators and enrichment providers does Quiltt support?
Quiltt partners with leading data aggregators and enrichment providers, including MX, Finicity, Akoya and more. You can choose one or multiple providers to optimize coverage and capabilities based on your specific needs.
