Lina Open X

Open Finance and Open Insurance infrastructure for Brazilian financial institutions

Insurtech Infrastructure Growth Seed

Overview

Lina Open X is an Open Finance and Open Insurance infrastructure provider serving banks, insurers, credit unions, payment institutions, and fintechs in Brazil. The company offers API connectivity platforms, consent management systems, and white-label portals that enable financial institutions to comply with Brazil's Open Finance and Open Insurance regulatory frameworks.

The platform is delivered as a cloud-based SaaS solution with REST API integrations. Core capabilities include authorization servers, data-sharing infrastructure, FAPI certification support, and regulatory compliance tooling. Lina also offers services around API certification, testing, and monitoring to support clients through certification processes mandated by Brazilian regulators.

Founded in 2020 by executives with backgrounds in Brazil's financial markets, the company had grown to 30+ customers by 2025. In early 2024, Lina raised a USD 1.5M seed round led by MSW Capital. The company formed a strategic partnership with Mastercard in June 2025 to expand its Open Finance reach and was named to LinkedIn's Top Startups 2025 list in Brazil.

Products & Services

Open Finance / Open Insurance Platform

An API-driven connectivity platform enabling financial and insurance institutions to participate in Brazil's Open Finance and Open Insurance ecosystems. Provides data transmitter, receiver, and payment initiator capabilities through a managed infrastructure layer.

Key Features

REST API connectivity and integration layer
Authorization servers and consent management
White-label portals for client-facing consent flows
Data sharing infrastructure for Open Finance data exchange
Regulatory compliance tooling aligned with Brazilian CMN/SUSEP requirements

Target Users: Banks, insurance companies, credit unions, payment institutions, and fintechs operating under Brazil's Open Finance/Open Insurance regulatory framework

Certification & Support Services

Technical services to assist institutions through API and FAPI certification processes required by Brazilian regulators.

Key Features

API certification support and preparation
FAPI (Financial-grade API) certification assistance
API testing and monitoring tooling
Technical integration support for regulatory compliance

Target Users: Financial and insurance institutions seeking Open Finance certification in Brazil

At a Glance

Founded: 2020
Headquarters: Sao Paulo, Brazil
Employees: 51-200
Funding: Seed

Category & Focus

Category: Insurtech Infrastructure
Subcategories: API Platform Open Insurance Compliance & Regulatory Open Finance
Insurance Verticals: P&C Personal P&C Commercial Life & Annuity Health Specialty/E&S
Target Customers: Carriers, Brokers, MGAs/MGUs