Software Alternatives, Accelerators & Startups

Teller VS TrueLayer

Compare Teller VS TrueLayer and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Teller logo Teller

Teller is a productivity secret manager for developers supporting cloud-native apps and multiple cloud providers.

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data
  • Teller Landing page
    Landing page //
    2023-08-27
  • TrueLayer Landing page
    Landing page //
    2023-09-28

Teller features and specs

  • Unified Secrets Management
    Teller provides a centralized tool to manage environment secrets across various platforms, reducing the complexity of juggling multiple secret management solutions.
  • Multi-Platform Support
    Supports integration with a wide range of secret management services like AWS Secrets Manager, Azure Key Vault, and more, allowing seamless adoption in diverse environments.
  • Security
    Built with security in mind, Teller ensures secrets are accessed and transmitted securely, helping to enforce best practices in secret management.
  • Open Source
    Being open source, it allows the community to contribute to its development and gives users transparency and control over the tool.
  • Automation Capabilities
    Teller can be used in automated workflows to inject secrets into runtime environments, enhancing DevOps processes.

Possible disadvantages of Teller

  • Steep Learning Curve
    New users may find Teller's extensive configuration options challenging to learn and set up initially.
  • Limited User Interface
    Teller primarily functions as a command-line tool, which may not be as user-friendly as GUI-based secret management solutions.
  • Community Support
    As an open-source project, support primarily comes from the community, which might not be as immediate or reliable as dedicated commercial support.
  • Configurations Management
    Managing configurations and staying up to date with various secret providers might become cumbersome as the number of integrations grows.
  • Complex Use Cases
    While Teller is powerful, handling advanced use cases might require in-depth knowledge and more manual setup compared to some specialized tools.

TrueLayer features and specs

  • Comprehensive API Solutions
    TrueLayer offers a well-developed suite of APIs that support various financial services such as payments, data access, and open banking, making it easier for developers to integrate financial services into applications.
  • Strong Focus on Security
    TrueLayer places a strong emphasis on security and compliance, ensuring that data transmitted through its services is protected by modern encryption standards and that all operations comply with relevant regulations like PSD2.
  • Wide European Coverage
    The platform provides extensive coverage across the European region, allowing businesses to connect with multiple banks and financial institutions for seamless cross-border services.
  • Developer-Friendly
    TrueLayer is designed with developers in mind, offering extensive documentation, SDKs, and tools for easy integration and implementation of their services.
  • Scalability and Performance
    TrueLayer is capable of handling high-volume transaction environments, providing reliable performance and scalability to meet growing business needs.

Possible disadvantages of TrueLayer

  • Geographic Limitations
    Although TrueLayer covers a large portion of Europe, its services may not be available or fully operational in other regions, limiting its global applicability.
  • Complexity for Non-Developers
    For users without a technical background, integrating and using TrueLayer's API might be daunting, potentially requiring technical support or additional developer resources.
  • Dependence on Banking APIs
    TrueLayer’s effectiveness is tied to the quality and reliability of the APIs provided by individual banks, which can vary widely and affect service performance.
  • Pricing Structure
    The cost associated with using TrueLayer's services can be a concern for smaller businesses or startups, as fees may add up quickly depending on the usage and scale.

Teller videos

Teller Review - VHS (Official Music Video) [Prod. by brzl.]

More videos:

  • Review - Penn Jillette (Penn & Teller) Reviews Magic Tricks from Movies & TV | Vanity Fair
  • Review - Vier Teller auf der Straße | V-LOG #2 | Teller Review

TrueLayer videos

Building Open Banking API Layers with TrueLayer

More videos:

  • Review - API-based fintechs take the next steps: Plum generate payments via TrueLayer | Homescreen | Ep 53

Category Popularity

0-100% (relative to Teller and TrueLayer)
Password Management
100 100%
0% 0
Online Payments
0 0%
100% 100
Developer Tools
100 100%
0% 0
Recurring Billing
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Teller and TrueLayer

Teller Reviews

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TrueLayer Reviews

Noda Vs Plaid Vs Turelayer Vs Yapily - Open Banking [2025]
In this guide, we’ll highlight some carefully selected Noda alternatives, including platforms that offer specific strengths in real-time payments, developer-friendly APIs, or data-driven financial tools. We’ll examine providers such as Finexer, TrueLayer, Tink, and Token.io, clarifying how each platform addresses specific payment and operational needs differently from Noda.
TrueLayer Alternatives for UK Open Banking in 2025
In this guide, we compare three well-positioned alternatives to TrueLayer: Volt, Finexer, and Token.io. Whether you’re a startup, a platform, or a regulated payments business, this guide will help you choose a partner that aligns with your goals.
Top 6 Open Banking API Providers to Consider in 2025 [Updated]
Yapily and Truelayer offer robust, easy-to-integrate solutions for businesses looking for scalability. Plaid excels in North America, providing extensive financial data aggregation, while Stripe Connect offers a global reach, though it’s more focused on multi-party transactions. Saltedge remains a solid option for businesses requiring strong compliance and secure data...
Detailed guide to Top 3 Plaid alternatives
• Developer-Friendly API: TrueLayer is known for its easy-to-integrate API, which allows developers to build and customise financial applications efficiently with minimal friction. However, TrueLayer does not offer fully customisable white-label solutions, which can be a drawback for businesses looking to maintain complete control over their brand experience​
Best Income Verification Software in the UK: Top 10
Truelayer is a leading income verification software in the UK that specialises in real-time financial data retrieval through open banking APIs. It allows lenders and fintech companies to access verified income data directly from customer bank accounts, ensuring high accuracy and fraud prevention.

Social recommendations and mentions

Based on our record, TrueLayer should be more popular than Teller. It has been mentiond 5 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Teller mentions (1)

  • Need to find an open source secrets scanner solution. any suggestions from personal use only?
    I also found this one: https://github.com/tellerops/teller has anyone used it? Source: over 2 years ago

TrueLayer mentions (5)

  • How to create an AWS account without a debit/credit card (in Germany)
    The form shows additional information about how AWS links your bank account. It uses a service called TrueLayer. - Source: dev.to / 7 months ago
  • BANKING AS A SERVICE? ANOTHER WAY BUSINESSES MAKE MONEY
    Sounds like Open Banking which is government driven & regulated, depending on where you are. There are a couple of startups that act as an abstraction layer to try to make the experience "frictionless", like TrueLayer. Source: over 2 years ago
  • I'm an experienced programmer trying to build my first website for my clothing brand using JavaScript, HTML and CSS, but I have a few serious questions regarding the problems I might encounter while creating such a website
    You won't avoid interfacing with an API. Even if you don't want to use Stripe/PayPal, you'll need to wrestle with a banks own API or some kind of broker. TrueLayer is a popular way in Europe to access banks that support the Open Banking API. It is through a banking API that you will get confirmation that a payment has been made, so there should be no chance of sending items "for free". Unless you're posting... Source: over 2 years ago
  • Why do some traditional banks still not offer open banking?
    I had a subscription with TrueLayer. The API service was smooth and their team updated me from time to time. They even helped me with regulation by giving us an agency under their FCA license. Eventually I transferred to Nordigen due to a friend’s recommendation. It was also free so why not. It was easy to integrate their program to my business model. One particular program I am happily using that involves open... Source: over 3 years ago
  • Open Beta Ending: A last chance to get FOREVER FREE ACCESS to a money app
    • The technology that helped us connect you with your banks is powered by TrueLayer Ltd, which is regulated by the UK Financial Conduct Authority (FCA) and their registration number is 901096. We are also registered with the FCA (928953), as an agent of TrueLayer. You will see their interface when you choose your banks as well as a statement in our app stating this relationship. More info about TrueLayer if you... - Source: Hacker News / almost 4 years ago

What are some alternatives?

When comparing Teller and TrueLayer, you can also consider the following products

Doppler - Doppler is the multi-cloud SecretOps Platform developers and security teams trust to provide secrets management at enterprise scale.

Plaid - Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

1Password - 1Password can create strong, unique passwords for you, remember them, and restore them, all directly in your web browser.

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Dotenv - Sync .env files

Open Banking API Tracker - Tracking +130 open banking and PSD2 APIs