- Important Announcement -
OpenFinity Is Saying Goodbye

You meant the world to us!

 

It is with a mix of sorrow and excitement we are sharing this announcement.

 

In the early days of open banking in the US, we realized that the financial community—especially smaller institutions—needed education to understand and adopt this emerging paradigm. OpenFinity was born from that simple observation, with the goal of helping financial institutions embrace and grow within the open finance ecosystem.

OpenFinity was created a year ago to do just that: help the industry navigate the open finance landscape and accelerate open banking adoption in North America through community-powered education. It was both an altruistic mission to do good and an entrepreneurial drive to build something exciting—something that allowed us to share our passion for open banking. 

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We’ve met nearly all the objectives we set for ourselves—including hosting our first live event in May in New York, which exceeded all our expectations. However, OpenFinity has been a two-person initiative since its inception, and to continue growing, we would need to make a significant investment, join an organization that shares a similar philosophy and vision, or go our separate ways.

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We've chosen the latter; each of us will pursue a different path. Laurent will be joining an organization in the Open Finance space (a communication about this organization will be published shortly), while Laura is exploring her next opportunity as a Product Manager or Solution Architect. She is also open to consulting. If you have — or know of — an open role, please reach out to Laura on LinkedIn or email her at lauraheritage2013@gmail.com.

 

Our website will stay live until the end of July. Laura will reach out directly to all members of Women in Open Finance and our mentors about its future.

 

OpenFinity was a bold move. We worked tirelessly to contribute to the financial ecosystem’s adoption of open banking. Along the way, we built wonderful relationships and made many new friends we hope to keep. It has been an incredibly rewarding adventure thanks to you.

 

Open banking is here to stay. Every day, we witness its growing adoption—FDX now reports over 114 million connected consumer accounts in North America. The OpenFinity FDX API Hackathon we hosted during the OpenFinity Days conference in NY was a testament to the energy, passion, and creativity of the fintech and banking industries. The rise of agentic commerce and the intersection of open finance and AI will only propel open banking into exciting new frontiers.

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As a new chapter begins for both of us, we want to thank you—for your support, your collaboration, and the moments we’ve shared over these past 12 months.

 

Take care,

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Laura Heritage and Laurent Van Huffel

OpenFinity co-founders