What is Finexer?
Finexer is a platform regulated by the FCA that focuses on APIs, revolutionizing how small and medium-sized businesses (SMBs) access and utilize financial data. By offering seamless integration with all UK banks, Finexer delivers real-time analytics and enables Pay-By-Bank transactions through an easy-to-use dashboard, achieving deployment times that are two to three times quicker than those of its rivals.
The platform features a range of essential tools, including Data (AISP) and Payments (PISP) APIs:
1. Access to Instant Bank Transactions: Companies can receive immediate insights into their bank transaction data, which enhances decision-making and allows for tailored user experiences.
2. Insights on Balances: Businesses can acquire vital information about customer income, spending habits, and balance fluctuations, which aids in providing personalized services and focused marketing initiatives.
3. Open Banking Payments: The platform facilitates secure account-to-account payments with rapid settlements and automated recurring transactions (currently in Beta), potentially reducing costs by as much as 90%.
Beyond its impressive data features and customizable white-label options, Finexer ensures security that meets PSD2 standards, empowering businesses to optimize their operations, increase revenue, and enhance customer interactions, thereby setting the stage for long-term growth and prosperity in an evolving financial landscape. Furthermore, the platform’s commitment to innovation and efficiency positions it as a vital partner for SMBs looking to thrive in today's competitive market.
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Finexer Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Finexer Simplifies Banking for Accounting Firms
Date: Feb 07 2025SummaryFinexer has significantly cut down the time we spend on reconciliations and onboarding. Live bank feeds ensure we’re always working with up-to-date data, reducing errors and improving efficiency. It’s a secure, reliable, and time-saving solution for any accounting firm handling multiple clients.
PositiveFinexer makes bank feed reconciliation seamless, eliminating manual imports and reducing errors. The real-time transaction sync saves hours on bookkeeping, while automated KYC verification speeds up onboarding. The interface is clean, security is solid, and integration is smooth, making it an easy choice for accountants.
NegativeIt would be great to see broader bank coverage beyond the UK, but since we primarily serve UK clients, this hasn’t been an issue for us.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Banking Integration That Saves Time
Date: Mar 07 2025SummaryAs an IT Director at ERP-Consulting UK, I’ve worked with various banking platforms, and Finexer stands out. It takes the hassle out of financial processes, automates tedious tasks, and ensures everything stays compliant. If you’re looking for a banking solution that’s secure, efficient, and easy to use, this one’s worth considering.
PositiveFinexer has made managing financial data incredibly easy. The API connectivity is smooth, allowing us to access banking information in real-time without any hiccups. Security is a major plus.....compliant, reliable, and built to handle sensitive data with confidence. It also scales well, so as our business grows, we’re not worried about outgrowing the system. Customer support has been prompt and knowledgeable whenever we’ve needed assistance.
NegativeGetting everything set up requires a bit of technical know-how, but once it’s configured, it runs without a hitch.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
A Simple Way to Verify Income Instantly
Date: Feb 22 2025SummaryAIS is a straightforward and reliable way to verify income using real-time bank data. It saves time, reduces manual document handling, and improves credit decision-making. While some users might need help linking their accounts, the overall experience is smooth and efficient.
PositiveAIS helps confirm income directly from the bank without needing payslips or statements. It’s quick, accurate, and reduces paperwork. The process is secure and works well for credit assessments, making approvals easier.
NegativeSometimes bank connections take a moment to sync, but it's usually resolved quickly.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Reliable Open Banking Data Service with Finexer
Date: Feb 14 2025SummaryOverall, Finexer's service has been a useful tool in managing our financial data. It connects bank information with our accounting system reliably and maintains updated records. Although the initial setup required extra time, the service has been consistent and supportive for our everyday work in accounting and ERP environments.
PositiveI like Finexer's open banking data API because it works well with accounting software and ERP systems. It gathers bank information accurately and helps with account reconciliation and reporting. The service is steady and easy to work with, keeping our financial records updated.
NegativeNope...there's nothing concerning I have encountered as of now...if there's an issue I immediately raise a concerns to their help center and it get sorted
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Easy Access to Banking Data with a Smooth API
Date: Mar 15 2025SummaryFinexer does what it says—gets banking data without much hassle. Setup was pretty smooth, and the API works well. If you need UK bank data, it’s a solid choice.
PositiveThe real-time transaction data is quick and reliable. The API is easy to work with, and the dashboard is simple to navigate. Support has been helpful whenever I had questions.
NegativeHaven’t come across any major issues so far. It’s been working well for my needs.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Best Open Banking Provider for Accounting & ERP or any Startups
Date: Dec 02 2024SummaryFoe Startups in Accounting ERP like us need tools that are fast, efficient, and scalable. Finexer offers all of this and more, connecting businesses to UK banks through a secure, FCA-regulated platform. From simplifying bulk payouts to providing real-time financial data, Finexer is the ideal partner for startups looking to streamline operations and focus on growth.
What Makes Finexer Unique
3x Faster Deployment: Startups often operate under tight timelines. Finexer’s quick deployment ensures you can go live faster than competitors.
White-Label Solutions: Customizable branding and features help startups create a seamless experience tailored to their customers’ needs.
Cost Savings and Efficiency: End-to-end payment and data integration reduces manual errors and saves on operational costs.
For startups ready to embrace the future of open banking, Finexer provides the perfect balance of innovation, reliability, and efficiency.PositiveAs the director of an Accounting and ERP startup, I’ve seen firsthand how complex and time-consuming managing payments and financial data can be. Finding a reliable, efficient, and scalable solution has been a challenge—until we discovered Finexer Open Banking.
What stands out about Finexer is its simplicity and speed. The platform integrates seamlessly with all UK banks and deploys at least 2-3x faster than other providers we’ve considered. Their API-driven approach is straightforward to work with, even for a lean team like ours. The real-time transaction data and instant Pay-By-Bank options have been invaluable for improving our cash flow processes and making financial planning smoother. We also appreciated the white-label feature, which allowed us to tailor the platform to fit our branding and customer needs.NegativeInitially, the setup felt a little technical for our non-developer team members, but their dashboard is intuitive, and Finexer’s support team was quick to guide us through the process. Once we were up and running, the platform has been rock solid.
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