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Sunday, October 26, 2025

Cake: Now part of the SBS MarketPlace

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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Cake: Now part of the SBS MarketPlace

  • Cake founded in early 2019 by tech entrepreneur Davy Kestens and 5 co-founders received a license from the NBB on 9 July 2019
  • Sopra Banking Software is the partner of choice for more than 1,500 financial institutions worldwide
  • This is a new step in fulfilling its Belgian and European ambitions
  • Belgian banking app allows consumers to manage accounts from different banks in an intuitive way through the use of a single bank-independent app
  • It gives users automated and proactive insights into their income and spending
  • It also offers users the opportunity to make their bank accounts profitable, through the use of Automatic Cashbacks
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