Front launches API platform to be nurtured by Crypto and DeFi

Front now offers the Front API to new FinTechs to further democratize access to financial services and user resources.

SAN FRANCISCO, 14 September 2022 /PRNewswire/ — Fronta company offering emerging FinTechs real-time access to investment portfolios and seamless crypto transfer across exchanges, launches Front API on Product hunt.

Front gives new FinTech companies access to a unique network of 250+ global integrations with brokerage houses and exchanges. The Front API has been in stealth mode ever since July 2022and already has paying customers on production.

While access to traditional financial service providers was democratized through Open Banking and other standards, there is no API that can meet modern needs such as digital asset transfer and cross-exchange exchange for emerging FinTechs and DeFi companies. With the launch of its B2B services, Front plans to meet these modern needs of the new FinTechs.

Front is the key to unlock connectivity for Crypto, DeFi and investment accounts. “We’ve been using our API since the launch of the Front app in late 2020 and realized how beneficial it would be to allow other FinTechs access to their user accounts that they’ve never had before,” says Front founder and CEO Bam Azizi. “Because we enable access to the execution and transfer of crypto-assets across exchanges and crypto-platforms, we came to the realization that we can help FinTechs grow AUM and revenue immediately.”

By giving other companies access to Front’s extensive API, Front can power the next wave of FinTech companies, such as DeFi, DAO, Lending Services, Brokerages and more.

Dara Rahimzadeh, VP of Partnerships at Front, says that using Front’s APIs allows for a long look behind the curtain to see how powerful the APIs are for B2B customers. “When I joined Front full-time, I saw a great consumer app built on even better technology. Looking at the US FinTech landscape alone gives us an addressable market of over 10,000 companies that can build modern, sticky FinTech apps on top of the Front API Platform”.

For more information on Front’s B2B offering, visit getfront.com

About Front Financial, Inc.
Front is an API service provider that offers real-time access to brokerages and crypto accounts, convenient transfers of crypto assets across exchanges and wallets, and a detailed view of important data to emerging FinTechs and other financial companies. Front allows businesses to connect to 250+ brokerage accounts, crypto wallets, NFTs and private markets, offering a way to leverage user account data to underwrite/authenticate borrowers, track net worth and more.

Front integrates with most international crypto exchanges such as Coinbase, Binance, Kraken and FTX, enabling global customization of the Front API. Front can use this opportunity to deliver a better product and integration for new FinTechs with write/transfer access to modern assets like Crypto and NFT.

The Front API has demonstrated its value by powering the Front app, which allows thousands of users to easily track the value of their accounts at Robinhood, Coinbase, TD Ameritrade and other brokers, with hundreds of millions of dollars in connected assets.

Media contact:
Juan David Rodriguez
[email protected]

SOURCE Front Finance