Open Finance ecosystem in Switzerland: Six and Inventx connect their open banking platforms

8 septembrie 2021

As part of a technical partnership, the fintech providers Six and Inventx are making their open banking platforms „b.Link” and „ix.OpenFinancePlattform” compatible with one another.  „These collaborations will enable financial institutions and third-party providers to gain easier access to the Swiss open-finance ecosystem,” according to a press release.

Following the cooperation between Swisscom and SIX announced in March, this collaboration is a second important step towards the implementation of open finance in Switzerland.

Just a year ago, there was a noticeable reluctance to embrace the growing open-finance movement in Switzerland. Not enough standardization or coordination between the various initiatives and market solutions. Inventx and SIX have therefore decided to make their respective platform offers interoperable. In this way, the market will be offered a comprehensive end-to-end solution for the operationalization of open finance in the future. 

Such technical cooperations between existing platforms is important because it simplifies and standardizes connectivity to open-finance ecosystems. „The more players that can participate in the ecosystems, the more the scaling effect will take hold for innovative partnerships and new API-based business models in the Swiss market,” Six says.

“Co-opetition”: double the benefits for financial institutions

Inventx and SIX are combining the strengths of their respective ix.OpenFinancePlatform (ix.OFP) and bLink offerings to make it easier for financial institutions and third-party providers to connect to each other or integrate into ecosystems through a coordinated process. The respective platform offerings will continue to exist independently in the market.

As part of this “co-opetition” – a cooperation benefiting the market with simultaneous competition of the offerings – the participants get double the benefits: After successfully connecting, they can choose between the best services on both ix.OFP and bLink.

With this cooperation, the two technology providers are sending another positive signal in the discussion about more standardization – especially when it comes to financial institutions. Both companies are convinced that all participants and the Swiss financial center as a whole will benefit from the formation of overarching open-finance ecosystems.

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Mihai Draghici – CEO PayByFace

„Dupa ce oamenii creeaza un cont PayByFace si au adaugat cardul, selfi-ul si PIN-ul, si au avut un pic de curaj sa se duca sa incerce, daca au incercat o data plata prin recunoastere faciala nu mai folosesc altceva (n.r. ca modalitate de plata). 80% dintre ei numai asta folosesc. Le place la nebunie.” 

Afla aici rezultatele in adoptia platii prin recunoastere faciala.


In 23 septembrie 2019, BNR a anuntat infiintarea unui Fintech Innovation Hub pentru a sustine inovatia in domeniul serviciilor financiare si de plata. In acest sens, care credeti ca ar trebui sa fie urmatorul pas al bancii centrale?