European alternatives to Ivy (Augustus)
Ivy (Augustus) is a US-headquartered provider (Open banking, Local payment schemes); EEA data residency: Partial. For teams weighing European digital sovereignty — European origin and ownership, outside the direct reach of the US CLOUD Act — here are 9 verified European providers covering the same ground.
Who you would be replacing: Ivy, now Augustus (US; founded in Munich 2021 by Ferdinand Dabitz and Peter M. Lieck) - instant account-to-account bank payments API (open banking) backed by Valar Ventures and Creandum (USD 30m+); rebranded to Augustus in May 2026 after conditional OCC approval to form a US national 'clearing bank for the AI era'. EEA rail: Ivy Pay Oy (Finland PI). HQ decides origin (rule 8a); German founding heritage noted.
EEA data residency: Partial. Licence class in the catalogue: PI. Licences in the official EEA/UK registers: Payment institution (PI) - Finnish Financial Supervisory Authority (Ref 32927038); AISP (account information) - Finnish Financial Supervisory Authority (Ref 32927038). Verified profile of Ivy (Augustus) →
9 verified European alternatives
Bridge (France) - open banking AIS/PIS by Bankin' (ACPR-regulated group): account data and A2A payments.
Brite AB (org.nr 559116-1632) - licensed Payment Institution, Swedish FSA (Finansinspektionen); instant A2A / pay-by-bank across Nordics + EU.
Fintecture (France) - open-banking / A2A payment infrastructure using SEPA instant transfers as a card alternative (lower fees, fraud reduction). PIS-licensed (ACPR / Banque de France); member of France FinTech.
Inespay (Spain) - the leading payment-initiation (PISP) provider of Spain and Portugal: account-to-account bank-transfer payments (Transferencia Online) covering 99%+ of online-banking users across Iberia. Payment institution authorised by the Bank of Spain.
Neonomics (Norway) - open banking with a Nordic PIS focus. PI + PISP + AISP (Norwegian Finanstilsynet), passported across the EU.
Tink (Sweden) - open banking AIS + PIS across 3,400+ banks in 18 markets. Authorised PI (Swedish FSA, ID 44059); acquired by Visa in 2022 (EUR 1.8bn).
Trustly (Sweden; founded 2008) - pay-by-bank / A2A leader across the Nordics and EU, over SEPA. Licensed PI (Swedish FSA + FCA UK).
Aiia (Denmark) - open banking data and payments across 3,000+ European banks; now Mastercard Open Banking Services Europe A/S (Mastercard-owned).
Algoan (Paris, France) - open-banking credit scoring and decisioning: analyses bank transaction data (AIS) to score creditworthiness for lenders, with partnerships including Worldline and Mastercard. Registered AISP (ACPR). A European, data-minimising alternative to classic bureau scores.
FAQ
Which European providers cover the same products as Ivy (Augustus)?
Fintechnologica lists 9 verified European providers that share Ivy (Augustus)'s product categories (Open banking, Local payment schemes). They are ordered by verified overlap - product categories first, then licence class, MiCA authorisation and documented capabilities, European-origin first - so the order is a relevance filter, not a quality ranking. Which one fits depends on your markets, licence model and volumes; a match request answers that with three named providers.
Are these alternatives fully European / EEA-based?
Each provider shows its origin and EEA data-residency status (Yes / Partial / No). European origin means the company's HQ and lineage are European; the EEA flag reflects where data and the operating rail actually sit. Both are shown so you can judge sovereignty for your own requirements.
How are these verified?
Every provider is verified at source: licence type, regulator and a registry reference - not a marketing page. That is the depth G2 and Capterra don't provide.