February 22, 2020
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Mode, a digital banking app, is launching its first open banking feature. The feature allows users to connect external banking accounts with the Mode app, specifically enabling quick top ups. The feature is made possible through its partnership with Modulr. Top ups are now available in a few taps.
When we first looked at the fastest growing API categories of recent years, Financial and Payments both made the list. We've seen a number of signals that there is great interest in API related to Finance so we decided to take a deeper look at the category's growth this month.