FinTech

Mashreq Launches API Marketplace to Advance Open Banking and Digital Innovation

  • Mashreq introduces its next-generation API Marketplace to empower corporates, developers, and fintechs
  • The platform enables real-time data exchange, cash visibility, and faster integration

  • The launch aligns with the UAE Central Bank’s Open Finance Framework to accelerate fintech collaboration

Dubai, May 2025Mashreq has announced the launch of its API Marketplace, a next-generation digital platform designed to provide corporate clients, fintech companies, and developers with access to Mashreq’s comprehensive suite of APIs.

These Application Programming Interfaces (APIs) enable seamless data exchange between systems—helping businesses streamline payments, receivables, liquidity management, and more. One of the platform’s key benefits is real-time visibility into cash positions and transactions, allowing businesses to operate with greater control and agility.

Official Statement

“The API Marketplace is a key pillar in our broader digital strategy,” said Joel Van Dusen, Head of Corporate and Investment Banking Group at Mashreq.
“At Mashreq, we are committed to driving the future of open banking and digital transformation through APIs. Our new API Marketplace is not just a technology platform, it’s a strategic enabler that allows our clients and partners to co-create, innovate, and scale faster than ever before.”

What the API Marketplace Offers

Mashreq’s API Marketplace offers a host of features tailored to promote efficiency and flexibility:

  • Automated developer onboarding and registration

  • Access to detailed case studies and documentation

  • A flexible subscription model suitable for enterprises of various sizes

  • Rapid integration with existing financial and ERP systems

The platform is aimed at fostering collaboration between financial institutions and fintech startups, enabling faster innovation cycles and greater customization.

Supporting UAE’s Open Banking Vision

This strategic launch comes amid growing momentum for open banking in the UAE, fueled by initiatives such as the Central Bank’s Open Finance Framework, which encourages banks to adopt standardized API practices and engage more proactively with fintech partners.

Through the API Marketplace, Mashreq strengthens its role in building the region’s digital financial infrastructure by offering plug-and-play tools for integration, experimentation, and co-development.

العربية (Arabic) To read the article in Arabic, click here

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