Unlock the potential of Open Finance

Connect your product to your users financial data easily and securely through a single API.
Access a variety of data sources including Open Banking to build engaging experiences your users will love.

Powering over 120 leading fintechs


Accelerate access to Open Banking

As an Accredited Data Recipient (ADR) we’ve taken away the complexity in helping you get access to Open Banking

Access Open Banking with Basiq today

We’ve simplified the process of getting you access. Reach out and talk to an Open Banking expert today.

The definitive guide to Open Banking

What does it all mean? Learn everything you need to know in this handy guide written by our Open Banking experts.

Basiq 3.0 – latest platform update

Learn more about our latest platform upgrade to become Australia’s first true Open Finance platform.

Why Basiq?

+1.5m

consumers have shared their data through the Basiq platform.

+700k

active monthly consumers on the Basiq platform.

+130

connections to institutions enabled via the Basiq platform.

Everything you need to leverage banking data

Basiq provides all the tools you need to optimise customer experiences and transform financial services.

Easily access your customers banking data with enterprise-grade security and managed consent.

Complete aggregation platform for acquiring financial data

Combine financial data from multiple accounts to get a complete view of your customer’s finances.

Connect and refresh data in real-time

On-demand retrieval of account balances and new bank transactions.

Comprehensive financial insights

Identify all sources of income, analyse expenses and discover cash assets and liabilities.

The complete picture at your fingertips

Basiq provides all the essential data you’ll need to build a complete picture of your customer’s finances.

Accounts

Retrieve a complete list of accounts held with each institution along with their details and balances.

Transactions

Acquire historical and current bank transactions from each account.

Income

Verify regular and variable sources of income using our powerful income detection algorithm.

Expenses

Analyse expenses in detail by observing customer spending across more than 250 categories.

Assets

Understand your customer’s current cash reserves, investments and other vital assets.

Liabilities

Identify liabilities such as mortgages and loans, and gain insights into credit card usage behaviour.

Identity

Verify the identity associated with each
linked institution.

Mortgages

Discover mortgage information such as interest rate, instalment date, loan type and more.

Developer Friendly API

Simple to use, RESTful, and fully documented APIs that help you quickly integrate with your application.

Get a head start with our developer guides, and make your first call to our APIs within a few minutes. Use our fully functional sandbox to test your apps before going live.

{
  "type": "account",
  "institution": "AU00000",
  "accountHolder": "Gavin Belson",
  "name": "e-saver",
  "class": "savings",
  "accountNo": "00000-11111",
  "availableFunds": "420.28",
  "balance": "356.50",
  "currency": "AUD",
  "lastUpdated": "2020-03-20T13:39:33Z"
}

Security

Our security approach focuses on security governance, risk management and compliance. This includes encryption at rest and in transit, network security and server hardening, administrative access control, system monitoring, logging and alerting, plus more.

Secure environment

Our physical infrastructure is hosted and managed in a ISO 27001, SOC 1 & SOC 2, PCI Level 1, FISMA Moderate and SOX certified data centres.

Multi-factor authentication

Two-factor authentication and strong password controls are required for administrative access to all systems.

Restricted network access

Firewalls are utilised to restrict access to systems from external networks and between systems internally.

Data encryption

We store data at rest using 256-bit AES encryption and use an SSL/TLS secure tunnel to transfer data between your app and our API.

Secure development practices

Our development follows industry-standard secure coding guidelines, such as those recommended by OWASP.

Realtime monitoring

We conduct behavioural monitoring, vulnerability assessment, SIEM and intrusion detection to detect threats and keep our system safe and secure.

Industry Leading Products

Some of the most innovative fintechs in the world utilise the Basiq platform to provide market leading solutions.

Access account data in real-time

Connect

Get real-time access to account details, balances and transactions from financial institutions.

Enhance transactions with
merchant data

Enrich

Get rich insights by identifying the merchant, expense category and location of each bank transaction.

Gain deep insight of your
customer’s finances

Affordability

Get a better understanding of your customer’s financials by identifying income sources, expenses, assets and liabilities.

Uncover rich insights
with data driven payments

Payments

Execute payments through the Basiq platform by combining the power of financial data and payments.

Ready to get started?

Get in touch or create an account.