Founded in 2017 as a concept, Circit aimed to create a platform validating asset ownership across the entire financial services spectrum. The year 2019 marked a significant milestone as Circit secured approval from the Central Bank of Ireland, becoming the inaugural Account Information Service Provider (AISP) under the PSD2 regulation and Open Banking in the UK. The subsequent year, 2020, witnessed an impressive 400% growth in revenue for Circit, accompanied by a threefold expansion of the team.

Looking ahead to the next decade, a monumental transformation is anticipated in the global financial system, characterized by the integration of financial technology into every business. Trust and identity are poised to play pivotal roles in facilitating seamless transactions aligned with market expectations. The forecasted shift involves leveraging automation through Open APIs, AI, and smart contracts, effectively eliminating manual processes. This evolution aims to empower businesses and their advisors to focus on their core strengths, contributing to a secure and sustainable future.

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