In brief: Budget Insight becomes Powens
As previously envisaged, following its exit from the Crédit Mutuel Arkéa fold, Budget Insight can now implement the strategic shift announced by turning resolutely towards the international market. This is the meaning of the rebranding carried out today, as Budget Insight becomes Powens, "Open Banking with superpowers".
These "superpowers" are the many applications to which Budget Insight has diversified over time: access to loan data, access to savings or investment accounts or even cryptocurrencies, automated collection of invoices and supporting documents.
This strategy is expected to be supported by a strategy of company acquisitions throughout 2023, to strengthen in Europe.
Budget Insight also announces that its European connectivity is now extensive, with 1,800 financial institutions covered and numerous crypto-currency exchange platforms (including Trade Republic, DEGIRO, FTX, Binance and Bitpanda).