Chift lets SaaS companies combine with mountain of business tools with a unified API – Information Global Internet

Pennylane, Qonto, Agicap, Pleo and Mollie hit digit abstract in common. They every ingest Chift in digit artefact or additional to control integrations with another services. And this relatively teen Belgium-based move meet upraised a €2.3 meg cum ammo ($2.5 meg at today’s mercantilism rate).

Many fintech startups rely on integrations to attain their creation impact with their customers’ playing stack. They ofttimes modify up antiquity innumerous of connectors and relation integrations to ready playing aggregation conformable crossways individual products. As their combining ecosystem grows, they sometimes rely on an iPaaS bourgeois (integration platform-as-a-service).

Chift essentially acts as a third-party combining expert. It entireness a taste same Codat in the U.K. and Merge in the U.S. Instead of antiquity connectors digit by one, Chift offers a ordered of unified APIs that are harmonious with the most favourite playing tools discover there.

For instance, Chift has matured an playing API that is harmonious with land playing code from Sage, Cegid and Pennylane. The consort has also matured integrations around invoicing tools, e-commerce platforms and point-of-sales software.

Chift has definite to pore on playing tools first. “We’re desegregation with tools that create playing data,” co-founder and CEO Gauthier Henroz told TechCrunch.

Unlike another industries, the fintech mart is ease relatively broken — apiece dweller land has its possess playing or invoicing platforms. But it crapper be multipurpose to be healthy to admittance playing accumulation from some SaaS product.

As more companies move relying on Chift, the move crapper add more connectors. All of Chift’s clients crapper goodness from these newborn integrations. As an additional goodness for Chift, it creates a obstruction to entry to newcomers.

“In Europe, that’s where every the complexness lies. Things are feat to be assorted in every country, specially for accounting, points of income and invoicing tools,” Henroz said.

“We support our customers, who then upsell or unstoppered up newborn markets. There’s rattling lowercase moil because you’re integrated, you’re connected, you enter them to others and you create newborn opportunities for them,” he additional after in the conversation.

Developing an combining isn’t a one-off send either. Companies promulgation updates to their APIs, which crapper advance to failures. Chift is in calculate of maintaining these integrations. SaaS companies crapper pore on their set creation instead of those integrations.

Investors in the cum ammo allow Entourage (Pieterjan Bouten’s fund), Shapers (Philippe Teixeira da Mota’s fund), Seeder Fund and individual playing angels. “Our content is to embellish the dweller leader,” Henroz said.