DLK Legal has advised Nest Bank S.A. on the launch of Nest Bank API – a project in which the bank provides FinTech firms and other institutions with an interface for integrating their services with its own.
Nest Bank has several hundred branches throughout Poland, and services for both retail customers and micr-0enterprises. According to DLK Legal, ”when the project begins, three firms will use Nest Bank API services. From next year, all banks will be required to provide similar interfaces under PSD2. Nest Bank is also providing a Sandbox, which all firms interested in collaboration can use free of charge. The launch of Nest Bank API is the next in a series of innovative projects by the bank this year, which included providing an account comparison tool and introducing payment by Apple Pay and Garmin Pay.”
DLK Legal's team was led by Managing Partner Krzysztof Korus.