Open Banking in Denmark [updated]

2 min readJan 20, 2021


Facts and figures

According to EBF, Denmark has 63 banks and 7 mortgage banks. The largest banks are Ikano Bank, Nordea, Danske bank, Nykredit Bank, Jyske Bank, Sydbank, Spar Nord Bank and Bank Norwegian.

Danish financial sector is one of the most digitized in the world and new initiatives keep surfacing the Danish market. One such initiative was created in 2010 — an online log-in solution NemID which helps fight online crime targeting banks and its customers.

Open banking

Most of the largest banks have active open banking developer portals that provide regulated access to account information.
Active portals:

Integration with APIs

To use access and use the open banking APIs in Denmark, you will need to acquire an account information service provider license, issued by the relevant authority. In addition to that, you will require a relevant certificate (QTSPs or eIDAS), compliant with PSD2 requirements.

Alternatively, you can use Nordigen’s free Account Information solution.
Key benefits:

  • one API, already integrated with all the major Danish banks,
  • access bank account history, up to 2 years,
  • 90-day continuous access to bank accounts,
  • access to personal and business account information,
  • free of charge, no hidden fees.

Get Free Access to Account Information today or learn more about Nordigen’s Account Information product.

Connect to bank accounts and get raw transaction data. Free access to regulated banking data in Europe.

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