Software Alternatives, Accelerators & Startups

Finexer

Bank APIs to access real-time financial data & Account-to-account payments. Enabling businesses to access Open Banking - real-time financial data and instant Pay-By-Bank payment capabilities securely and seamlessly. .

4.9
(7 reviews)
Pricing:

Finexer Reviews and Details

This page is designed to help you find out whether Finexer is good and if it is the right choice for you.

Screenshots and images

  • Finexer Finexer Open Banking for Payroll & invoicing
    Finexer Open Banking for Payroll & invoicing //
    2025-02-02
  • Finexer Open Banking A2A payments(PIS) and Data(AIS)
    Open Banking A2A payments(PIS) and Data(AIS) //
    2025-02-02
  • Finexer Accounting and ERP Open Banking
    Accounting and ERP Open Banking //
    2025-02-02
  • Finexer PayByBank EPOS and Payments
    PayByBank EPOS and Payments //
    2025-02-02
  • Finexer Pay by Bank
    Pay by Bank //
    2025-02-02

Features & Specs

  1. Instant Payment - PaybyBank

    ccept and offer secure A2A (Account-to-Account) payments with our easy-to-use interfaces like in-app, online payment links, or QR codes. Reduce transaction costs by up to 90% and enjoy instant settlement.

  2. Bulk Payout

    treamline financial operations by executing multiple vendor payments with a single click. Our dashboard or custom API integrations make bulk payouts effortless and error-free.

  3. Recurring Payments

    Automate recurring transactions with our Variable Recurring Payments (VRP) and Sweeping solutions, optimising cash flow and reducing transaction costs and fraud.

  4. Transactional Bank Data

    Access real-time bank transaction data to customise user experiences and enhance financial decision-making.

  5. Balance Check

    Gain insights into customers' income, expenses, and balance data to drive personalised services and offers.

  6. Authenticate

    Quickly verify account details, sort codes, IBAN, and BIC for secure and efficient user authentication and transactions.

  7. Sign-in via Bank

    sign into your website or app with ease using their bank account. Our cutting-edge technology utilises crucial bank information, providing a seamless and secure sign-in experience for your customers

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Reviews

  1. User avatar
    Dele Oweski
    · Director at Accountex ·
     
    No more waiting around for statements

    We’ve been using Finexer’s Data API at our Firm....mainly to pull client bank transactions. It’s made life easier. Instead of chasing people for PDFs or Excel files, the data just comes through directly from the bank. It took us a little while to get familiar with how the API works, but once we were set up, it saved time every single week.

    🏁 Competitors: TrueLayer
    👍 Pros:    No more document chasing|Fits well into our accounting process|Transaction data comes in ready-to-use format
    👎 Cons:    Took a bit of learning at the start
  2. User avatar
    Eliena Dekind
    · Product Manager at Vialto Partners ·
     
    Quick Access to UK Banking Data

    I tried Finexer for getting real-time banking data in the UK. Setting it up was pretty straightforward, and the dashboard provided the details I needed. Whenever I had questions, the support team got back to me quickly.

    👍 Pros:    Real-time transaction info|Simple setup process|Prompt customer support
  3. User avatar
    Robert John
    · IT Director at ERP-Consulting ·
     
    Efficient and Secure Bank Payments

    PayByBank has made payments much more seamless by allowing direct bank transfers without extra fees or delays. It’s easy to use, with strong security features that give peace of mind. The biggest advantage is the faster settlement times compared to card payments.

    🏁 Competitors: TrueLayer
    👍 Pros:    Direct bank transfers with no card fees|Faster settlement times|Strong authentication and security
    👎 Cons:    Some banks occasionally delay transactions
  4. User avatar
    Andria Jhonson
    · IT Director at CB Accounting ·
     
    A Smooth & Efficient PayByBank Solution

    Using PayByBank at CB Accounting has been helpful to us. Payments are fast, secure, and straightforward, with no card fees or delays. It’s made transactions much easier, and our clients appreciate the quick and hassle-free process. Integration was smooth, and the customer support team has been great whenever we needed help.

    🏁 Competitors: TrueLayer, Plaid in the UK, Volt
    👍 Pros:    Instant payments|No card fees|No chargebacks|Secure and easy to use
    👎 Cons:    Some clients are used to card payments,
  5. User avatar
    Amy San
    · Director at Polar credit ·
     
    Quick AIS for Income Verification

    We use Finexer’s AIS for income verification in our credit assessment process. It provides real-time banking data, making it easy to verify a borrower’s income without relying on payslips or bank statements. This has helped us speed up decision-making, reduce fraud, and improve accuracy. The integration was smooth, though some customers need guidance when connecting their accounts.

    🏁 Competitors: Plaid
    👍 Pros:    Instant income verification with real-time bank data|No need for manual document uploads|Saves time in the credit assessment process
    👎 Cons:    Some users need help linking their accounts
  6. User avatar
    Tim anderson
    · Product Manager at Accountancy Cloud ·
     
    Easy Client's Bank Data Integration

    Using Finexer has made handling bank data much simpler. The service runs smoothly and fits right into our accounting process. It’s reliable and takes a lot of manual work off our plate. Customer support has been good too....always ready to help when needed :)

    🏁 Competitors: TrueLayer, Plaid
    👍 Pros:    Reliable data feeds|Easy integration with accounting systems|Good customer support
  7. User avatar
    Sam Dekin
    · Director at Pine Accounting & Tax ·
     
    Effortless Reconciliation for Accountants

    Our experience with Finexer has been largely positive. The platform automates tedious tasks like bank feed reconciliations and KYC verification, saving us significant time. Real-time financial data and an intuitive interface have made our workflow smoother, even though there are occasional issues with error messaging and limited international bank support.

    🏁 Competitors: TrueLayer, Plaid
    👍 Pros:    Time-saving: automated reconciliations and kyc verification reduce manual work.|User-friendly: intuitive design makes it easy for our team to adapt quickly.|Reliable: real-time data ensures accurate and timely financial reporting.

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Questions & Answers

As answered by people managing Finexer.
  1. What makes Finexer unique?

    Finexer stands out with its fast deployment, seamless integration, and cost-efficient Open Banking solutions. Unlike traditional payment processors, Finexer enables instant Pay-By-Bank transactions and real-time financial data access. With 2-3x faster onboarding than competitors, a white-label option, and direct connectivity to all UK banks, Finexer simplifies financial operations for businesses of all sizes.

  2. Why should a person choose Finexer over its competitors?

    Finexer offers a smarter, faster, and more flexible alternative to legacy banking solutions. Businesses benefit from:

    1. Instant Payments & Bulk Payouts – No delays, no intermediaries.
    2. Real-Time Financial Insights – Access balance, transactions, and account details instantly.
    3. Lower Costs & Higher Efficiency – Reduce fees and speed up cash flow management.
    4. Easy API Integration – A developer-friendly, scalable infrastructure.
    5. White-Label Customisation – Adapt the platform to match your brand.
  3. How would you describe your primary audience?

    Finexer serves all sizes of businesses, starting with startups, SMBs, and enterprises looking to simplify payments and financial data access. Our core users come from industries like:

    1. Accounting & ERP – Automating payments, invoicing, and reconciliations.
    2. PropTech & Real Estate – Managing deposits, rent collection, and property transactions.
    3. Payroll & HR – Ensuring seamless salary payouts and expense management.
    4. Financial Services & FinTech – Enhancing digital banking, lending, and compliance.
  4. What's the story behind Finexer?

    Founded in 2023, Finexer was created to eliminate inefficiencies in financial transactions by harnessing the power of Open Banking. The vision was clear: to build a secure, scalable, and cost-effective platform that empowers businesses with instant payments and real-time data access. With the rise of digital finance, Finexer continues to drive innovation, ensuring businesses stay ahead with the latest banking technology.

    Based in the UK, Finexer is at the forefront of the open banking revolution, offering robust APIs that enable businesses to access banking transactional data and perform account-to-account (A2A) transactions securely and seamlessly. Our solutions are designed to drive efficiency, enhance customer experiences, and foster financial inclusion across various industries.

    About Us: At Finexer, we're reshaping the UK's financial landscape by unlocking the transformative power of open banking. Finexer is pioneering the integration of open banking technology, reshaping the financial landscape for businesses and consumers alike. Our platform offers a bridge between businesses and hundreds of banks, enhancing the capabilities of financial services with cutting-edge technology and real-time data access. At Finexer, we make financial transactions smoother, more transparent and customer-focused.

    Our Commitment: We are committed to driving innovation and excellence in the financial sector. We believe in the potential of open banking to provide a more inclusive and equitable financial ecosystem. Our solutions are designed to foster transparency, enhance customer engagement, and boost financial inclusion across the board.

    Vision: Our vision is to transform the financial services industry by making open banking the backbone of modern financial solutions, ensuring more transparent, efficient, and inclusive financial ecosystems worldwide. We aspire to become a leader in open banking by providing solutions that meet current financial demands and anticipate future trends and challenges.

  5. Which are the primary technologies used for building your product?

    Finexer leverages cutting-edge fintech infrastructure for seamless performance and security:

    1. Open Banking APIs – Direct integration with UK banks.
    2. Cloud-Based Architecture – Scalable and secure data processing.
    3. AI & Data Analytics – Providing enriched transaction insights.
    4. Robust Security Protocols – Ensuring compliance with FCA regulations.

External sources with reviews and comparisons of Finexer

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.
Banked Alternatives in the UK: What to Choose and Why [2025 Guide]
Why choose Finexer over Banked?While Banked is checkout-first, Finexer was built for end-to-end payment control — from payouts to reconciliation. It’s a better fit for UK-based teams that want simple, fast payments with full compliance and no monthly lock-in. And with faster onboarding and sandbox testing included, you can try it risk-free before making the switch.
TrueLayer Alternatives for UK Open Banking in 2025
Finexer is a UK-first open banking provider that offers full-stack account-to-account payments, real-time data access, and instant onboarding features. Built specifically for local businesses, Finexer connects to 99% of UK banks and focuses on affordability, speed, and developer-friendly integration.
Plaid Vs Trulayer Vs Yapily Pricing Guide for UK Businesses in 2025
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Start your 14-day free trial today and see why businesses trust Finexer for secure, compliant, and tailored open banking solutions.
Top 6 Open Banking API Providers to Consider in 2025 [Updated]
When selecting the right Open Banking API provider, it’s crucial to consider your business’s unique needs. While there are several strong contenders, Finexer stands out for its customisable payment solutions, real-time financial data access, and cost-effective features explicitly tailored for UK-based businesses. With support for bulk payments, PayBy Bank, and comprehensive AIS/PIS services, Finexer provides...
Detailed guide to Top 3 Plaid alternatives
At Finexer, we offer a robust Open Banking platform that easily connects your business to multiple banks. Built with businesses in mind, Finexer provides instant payments, secure data access, and seamless integration to simplify financial operations. Whether you want to reduce transaction costs, enhance security, or integrate seamlessly, Finexer is designed to meet all your needs.
Best Income Verification Software in the UK: Top 10
Finexer is a UK-based income verification software that leverages open banking to provide real-time, secure access to financial data. By connecting with 99% of UK banks, Finexer ensures instant income verification without requiring manual document submission. This allows lenders and financial institutions to speed up approvals, reduce fraud risks, and make more informed lending decisions.
Expert guide: Top 3 Open banking providers for UK’s Accounting & ERP Firms
Finexer’s advanced data aggregation and processing capabilities present a compelling opportunity for early-stage businesses and growing firms in the UK. Their platform seamlessly collects data from 99% of UK banks and transforms it into actionable insights, reducing manual data entry time by 50-75% and enabling real-time financial visibility. While competitors might focus on basic data access or regional coverage,...
Top 12 UK Open banking API Providers you must know in 2025
Finexer’s affordability, scalability, and tailored solutions make it a standout choice for SMBs and fintech startups. Its developer-friendly tools, comprehensive bank coverage, and commitment to compliance ensure businesses can grow without unnecessary complexity. For businesses seeking reliable Open Banking services that grow with them, Finexer delivers unmatched value.
Volt vs Tink vs Finexer : Detailed Comparison for 2025
Founded in 2019 and based in London, UK, Finexer caters to businesses of all sizes with its focus on payments and financial data. Covering 99% of UK banks, Finexer supports real-time transactions, bulk payments, and white-label APIs, making it a practical choice for businesses and Startups seeking flexibility and cost-efficiency.
Top 3 Open banking platforms for fintech startups in the UK
Finexer began its journey in London in 2018, creating open banking systems for fintech startups. Their approach comes from understanding the unique challenges that new fintech companies face in the UK market. Unlike traditional banking solution providers who typically build for large enterprises, Finexer designed their entire system thinking about what startups need most: quick setup, easy integration, and room to...
Yapily vs Truelayer vs Finexer: Which Open Banking Provider is Right for Your Business?
• Yapily offers a Webhook feature, enabling real-time notifications and updates. However, like other features, the webhook functionality is still in Beta, which may affect its reliability and usability in live environments. On the other hand, finexer provides a fully customisable Webhook and Notification system, allowing businesses to receive email notifications via SMTP and get real-time updates anytime a client...

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