Compare the Top Open Banking Platforms in Africa as of November 2025

What are Open Banking Platforms in Africa?

Open banking platforms are digital solutions that enable customers to access their financial data through third-party applications and APIs. This software is designed to give customers increased control over their finances and provide a more secure way of managing money. Open banking can be used for a wide variety of tasks, such as transferring funds between accounts, making payments to merchants, setting up automatic savings plans or investments, and much more. It works by allowing customers to grant access to their data from banking institutions so that it can be viewed and used in other apps and services. Open banking offers a convenient way for people to manage their money while still benefiting from the security of traditional banking institutions. Compare and read user reviews of the best Open Banking platforms in Africa currently available using the table below. This list is updated regularly.

  • 1
    LoyalTfacts

    LoyalTfacts

    Loyal Solutions

    We offer the services and technologies needed and have extensive experience in designing, implementing and operating large-scale loyalty programs, including merchant-funded programs across the globe. We offer a modular approach on services and technology based on your business objectives and budgets. We have a partnership mindset and offer fully outsourced solutions where you may leave everything in our hands. We also have clients who benefit from our market-leading technology, our concepts or our know-how while operating their program with existing internal resources - The choice is yours, we adapt to you. Modular and scalable SaaS platform. Complete end-to-end solution for merchant-funded programs. No IT projects are needed – it can work as a standalone solution. Easy integration to your existing systems if needed. PCI DSS level 1 certified and GDPR “store on soil” compliant. Real-time integrated to Visa, American Express and Mastercard. Open banking certified.
  • 2
    Envestnet | Yodlee
    Envestnet | Yodlee, the leading data aggregation and data analytics platform, helps consumers live better financial lives through innovative products and services created for more than 1,400 financial institutions and FinTech companies, including 16 of the top 20 U.S. banks. We're powering the future of financial apps and services with solutions for wealth managers, banks, merchants, and more. Find out how we can help you grow. Our data aggregation platform enables financial institutions and FinTechs to help consumers achieve better financial outcomes. We adhere to leading industry practices for data security, regulatory compliance, and privacy. View the latest update from Bill Crager on Envestnet's intention to remain committed to action. Browse our library of white papers, on-demand webinars, eBooks, case studies, and more–all packed with product information, actionable advice and invaluable insights.
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