ibanXS is a licensed payment institution based in The Hague, Netherlands, founded in 2019. The company operates as an independent PSD2 platform, focusing on simplifying bank connectivity across Europe. Previously known as BankXS, it aims to remove barriers in the payment landscape, making it accessible for citizens and businesses throughout Europe. The company offers a cloud-based platform that provides Payment Initiation Services (PIS) and Account Information Services (AIS). These services enable clients to initiate payments through connected banks and access customer account data for analysis and service development. ibanXS connects users to over 2,500 banks across 22 European countries, facilitating SEPA payments and PSD2 data access through a single API. Its target clients include FinTechs, payment service providers, banks, accounting software companies, and lending institutions. The company is authorized by The Dutch Central Bank to operate under PSD2 regulations.