Bucharest, July 17, 2024
Editor’s note: The Open Banking and bank data aggregation capabilities described in this 2024 announcement are now offered through FinqData, Finqware’s real-time multibanking API for digital platforms.
Finqware supports accounting automation for Romanian SMEs through the integration of its bank data aggregation infrastructure—now available as FinqData—into Keez, an online accounting platform. The integration gives Keez access to secure, standardised banking data and automates the collection of bank statements, transaction matching and other accounting workflows.
Through Keez’s newly launched “Online Statements” service, platform clients now benefit from a fully automated daily receipt of bank statements directly from bank infrastructures, without any additional effort on their part, that is without the need to download / upload monthly statements from banks digital platforms. This is made possible by Finqware’s robust and flexible infrastructure, ensuring secure and efficient connectivity to all banks in Romania, including Revolut.
FinqData is Finqware’s real-time multibanking API for accounting, ERP, invoicing and other digital financial platforms. Through a single API integration, it retrieves balances and transactions from connected banks and delivers clean, structured financial data that software platforms can use in automated workflows.
For Keez, this eliminates the need for customers to download bank statements from separate banking applications and upload them manually. Once an account is securely connected, banking data can flow directly into the accounting platform, supporting automated reconciliation, more accurate transaction processing and faster month-end closing.
In the context of the European PSD2 (Payment Services Directive 2), which promotes innovation and adaptation of banking services to new technologies, the integration of Finqware with Keez facilitates access to the benefits of Open Banking. Keez clients can now allow their accountant to view bank transactions under enhanced security conditions, significantly simplifying financial and accounting processes.
We are thrilled to collaborate with Keez to bring the benefits of open banking to SMEs in Romania. Through this integration, we support entrepreneurs in streamlining their financial processes and focusing more on growing their businesses.
- Automated bank statement collection: FinqData automatically imports banking transactions into Keez from connected accounts. Entrepreneurs no longer need to download and upload bank statements manually, saving time and eliminating repetitive administrative work.
- Complete, up-to-date financial visibility: Banking transactions are matched with issued and received invoices, giving entrepreneurs and accountants a clearer view of incoming payments, expenses, outstanding invoices and available cash.
- Faster accounting and reconciliation: Accountants receive structured, standardised bank data automatically, enabling faster transaction reconciliation, more accurate reporting and a more efficient month-end closing process.
Updated September 2026
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