Budget Insight (BI for short),
the pioneer of Open Finance

From a line of code to the technology
that paved the way for Open Finance

Let’s look back at our history!


In February, Romain Bignon, a self-taught developer, created woob. This open-source connector library enables automating interactions with video, news, job search, and of course banking websites. Fun fact, the very first connector was developed for… a dating website!


In January, Clément Coeurdeuil, then an engineer at Centrale Supelec school, reached Romain Bignon. His idea: to suggest Romain create a company together to develop a PFM* mobile app by exploiting woob.

On February 27, Budget Insight’s articles of association were filed! The app was then born in a small office within Centrale’s premises.

*Personal Finance Manager, an automatic bank account management app for individuals.


The application designed to make people’s life easier was struggling to convince investors. A new business model then took shape: Budget Insight turned into a B2B company for the benefit of transforming financial uses, making it the pioneer of Open Finance.

This change paid off: banking connectivity is a real need for companies!


Budget Insight just won its first major contract with Swiss Life, which is willing to provide users with a 360° view of their financial assets. This is how the Wealth API offering was born.



The company has been growing. To accompany the growth of the teams, it moves from offices within incubators to its own premises on rue Beaubourg, in the heart of Paris.



Having several banking groups among its clients, European expansion was now an obvious choice. The Luxembourg subsidiary was thus created.



PSD2 (the second iteration of the Payment Service Directive) came into force, intending to regulate the AIS (Account Information Services) and PIS (Payment Initiation Services) provider’s activity.

Budget Insight becomes a payment player approved by the ACPR (the French Prudential Supervision and Resolution Authority, part of Bank of France). The company’s business thus entered a regulatory framework.


With the impetus of Arkéa, Budget Insight joined the Crédit Mutuel Arkéa group to accelerate its development and deploy activities in Europe.



The pandemic has been affecting the world, but it has not stopped Budget Insight from growing. The number of people has even increased from 50 to 80 employees!


Bertrand Jeannet is appointed as CEO, succeeding Clément Coeurdeuil who decided to embark on new adventures.
Bertrand is in charge of the strategic orientation of the company, and Romain directs the technological choices and the innovation strategy.



Early 2022, Budget Insight counts over 100 employees, an average annual growth rate of 50%, and more than 250 customers in France and Europe. More than ever, the pioneer of Open Finance is nurturing its ambitions to conquer Europe, and is initiating new changes… stay tuned to discover our next moves!