Quiltt Inc., which emerged from stealth last summer, has publicly launched what it calls fintech’s first “easy button,” the Quiltt Connector.
The Dallas-based startup said that with a single line of code, businesses can easily “go live” with a front-end experience to onboard their customers onto provider-agnostic account aggregation, transaction enrichment, and other financial APIs with no integration work. And perhaps most notably, no upfront engineering experience required, Quiltt says.
The company launched the Quiltt Connector on Product Hunt this week.
“Our mission is to dramatically lower technical barriers to innovation in financial services; the Connector is a big step in that direction,” CEO Ruben Izmailyan said on the platform.
Izmailyan said the most common request his team hears is to solve “the front end of the puzzle.” The company aims to do that “by providing a seamless way to onboard end-users onto the data providers we support,” he said in a news release announcing the addition of the product to its portfolio.
Solving a front-end integration challenge in fintech
Quiltt said that innovation in fintech continues at a hot pace as companies race to make it easier for companies to incorporate valuable financial data into their products.
But taking advantage of most of that innovation requires large investments in engineering teams that can leverage the APIs powering today’s fintech economy, Quiltt said.
Quiltt wants to empower companies to quickly connect customer financial data, stitch relevant APIs, and deploy intelligent workflows to bring innovative financial experiences to market.
Quiltt Connector touts a list of benefits, including:
- Connecting accounts with one line of code.
- Improved customer conversions and onboarding
- Universal GraphQL API backed by a standardized data model.
- Expanding suite of pre-built financial APIs, no additional work required
- Managed backend and tooling built for both engineers and non-technical users.
- A single source of contracting for data access.
A low-code fintech platform, Quiltt said it empowers startups and small businesses — regardless of their engineering bandwidth — to launch innovative and efficient financial experiences for their customers.
Quiltt notes backing by Greycroft, NVP, Motivate Venture Capital, and Abstraction Capital on Product Hunt. Crunchbase puts its total funding at $4 million in three rounds. Its latest funding, a seed round, was raised in 2022.
The story was updated with additional funding information and the announcement of the Product Hunt launch on February 22, 2023, 8:31 a.m.
Quincy Preston contributed to this report.
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