Open Banking allows banks and payment institutions to share certain banking data with other players. In this context, Qonto developed its own Banking API. It allows all your favorite business applications to communicate directly with your Qonto account to retrieve certain information.
Of course, this is never done at the expense of your security. The tools connected with Qonto are only allowed to collect the information needed. These tools do not have access to all of your current account information and money. All sensitive actions such as making a payment, for example, are only possible with your consent.