Codat vs Powens
Codat
codat.io
Powens
powens.comSide by side
| Figure | Codat | Powens |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Bank Connectivity Software | 7.4 (#29) | 8.2 (#8) |
| Founded | 2017 | The company says it was founded as Budget Insight in 2012 and rebranded as Powens in 2022. |
| Headquarters | New York, United States and London, United Kingdom | Paris, France |
| Integrations | Supported accounting platforms include QuickBooks Online, Xero, Sage, NetSuite, FreshBooks, MYOB, and Zoho Books. | For business account aggregation, Powens says it connects to PSP wallets such as PayPal, Stripe and GoCardless. |
| Support | Codat’s security page says customers can contact their Account Manager with questions about security, compliance, and privacy. | Enterprise plans include a dedicated account manager and priority assistance from integration and technical support teams. |
| What it does | Codat gives banks on-demand ERP data and turns it into forward-looking insights for client relationships, growth opportunities, and decision-making. | Powens describes itself as an Open Finance and embedded payments platform that connects financial data and payment workflows through APIs. |
| Who it serves | Codat describes its advisory intelligence solution as purpose-built for modern commercial banking. | Powens lists lending, accounting and invoicing, wealth management, property management, cashback and rewards, retail banking, and payments among its target sectors. |
Plans
In their own words
Powens
Powens is an Open Finance and embedded payments platform that connects financial data and payment workflows through APIs. Its aggregation service syncs accounts, transactions, savings, loans, and investments from more than 1,800 banks across 12 EU countries. Accounts refresh daily, while available transaction history varies by bank from 3 to 24 months; live connections can be maintained for six months with daily refreshes. Payment services include IBAN accounts, Direct Debit, Pay by Bank, and instant SEPA transfers through one API and dashboard. Powens says beneficiaries receive funds from its instant SEPA transfers within 10 seconds. It also offers real-time bank identity checks and Spanish IBAN ownership verification. Developers can access API documentation, integration guides, SDKs, connection widgets, an admin console, and a free self-service sandbox. Pricing is on request. Enterprise plans include dedicated hosting and can include an account manager and priority technical and integration support. Powens lists Android, iOS, web, and API access, and says it was founded as Budget Insight in 2012 before adopting the Powens name in 2022.