The latest Open Banking performance data from Open Banking Limited shows continued growth across the ecosystem.
- API calls reached 2.9 billion, up 4.7%
- Payments reached 41.23 million, up 2.5%
- User connections reached 19.17 million, up 1.9%
The numbers reflect an ecosystem moving beyond early adoption. Bank connectivity is increasingly the infrastructure behind practical financial workflows – from account data and verification to payment initiation and new recurring payment models such as commercial Variable Recurring Payments.
At Finexer, we are seeing this shift directly. Platforms across accounting, payroll, legal, property, and payments are embedding Open Banking into core product workflows rather than treating it as an optional feature.
Our focus remains on giving platforms a single integration across UK Open Banking capabilities – and we are actively exploring new ways to make these capabilities more accessible, including Open Banking via MCPs for AI-powered products.
The opportunity is expanding beyond traditional Open Banking use cases. As VRPs and AI-driven interfaces evolve, the infrastructure underneath becomes increasingly important.
Read the full data: Open Banking API Performance – Open Banking Limited
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About the Author
The Finexer Team is a collective of fintech engineers, payments specialists, and Open Banking experts working on financial infrastructure for UK businesses. Finexer builds API-driven solutions that allow companies to access real-time bank data, initiate Pay by Bank payments, and integrate financial services directly into their products.