Enable Banking vs Powens
Enable Banking
enablebanking.com
Powens
powens.comSide by side
| Figure | Enable Banking | Powens |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 1 | 1 |
| Spec score · Bank Connectivity Software | 8.1 (#9) | 8.2 (#8) |
| Spec score · Financial Data APIs | 8.1 (#8) | 8.2 (#6) |
| Coverage | Enable Banking says its API connects to more than 2,700 banks across 30 European countries. | Powens lists data connectivity in 12 EU countries and describes its accounts and SEPA transfer coverage across the SEPA area. |
| Developer tools | The developer documentation includes a sandbox, API reference, UI widgets, Control Panel guidance, and code samples. | The platform provides API documentation, integration guides, SDKs, customizable connection widgets and an admin console. |
| Founded | 2019 | The company says it was founded as Budget Insight in 2012 and rebranded as Powens in 2022. |
| Headquarters | Espoo, Finland | Paris, France |
| Integrations | Enable Banking provides integrations with bank APIs, with a published list of available integrations in its documentation. | For business account aggregation, Powens says it connects to PSP wallets such as PayPal, Stripe and GoCardless. |
| Payments | Live payment initiation requires the customer to hold a PISP licence or another licence that allows payment initiation. | Its Accounts & Payments products include payment accounts and IBANs, instant SEPA transfers, direct debit and pay by bank. |
| Security | Enable Banking says its information security management system is certified to ISO/IEC 27001:2022. | Powens says it is ISO 27001 certified and that its security and compliance frameworks are independently tested and audited each year. |
| Support | The company says open banking specialists support customers from initial setup through optimisation. | Enterprise plans include a dedicated account manager and priority assistance from integration and technical support teams. |
Plans
In their own words
Enable Banking
Enable Banking has no write-up on Specifiction yet; its figures are above.
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.