Enable Banking vs Token.io Data
Enable Banking
enablebanking.comToken.io Data
token.ioSide by side
| Figure | Enable Banking | Token.io Data |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 1 | 0 |
| Spec score · Bank Connectivity Software | 8.1 (#9) | 6.8 (#45) |
| Coverage | Enable Banking says its API connects to more than 2,700 banks across 30 European countries. | Token.io's homepage states connectivity to over 567 million verified bank accounts in the UK and Europe. |
| Data handling | The company says it does not monetise customer data, and its FAQ says it does not store, cache, or process account data beyond delivering it to the authorised application. | Token.io says it passes on bank data and does not provide AIS data amendment, enrichment, or analysis. |
| Product | Enable Banking provides a PSD2 API for account information and payment initiation across European banks. | Token.io Data lets users consent to share bank account balances, transactions, and/or account details with a third party. |
| Support | The company says open banking specialists support customers from initial setup through optimisation. | Token.io's developer documentation directs users to [email protected] for feedback about the documentation. |
| Use cases | The company describes use cases including invoicing, automated bookkeeping, credit risk assessment, loyalty programs, onboarding, and payments. | The documentation lists creditworthiness assessment, account ownership verification, autofill, personal financial management, and balance display as example AIS use cases. |
Plans
In their own words
Enable Banking
Enable Banking has no write-up on Specifiction yet; its figures are above.
Token.io Data
Token.io Data is an Account Information Service that lets a customer share bank-account information with a third party after explicit consent. Its API covers account details, balances, standing orders, and transactions. Documented uses include creditworthiness assessment, account-ownership verification, autofill, personal financial management, and balance display. Teams can use Token.io Hosted Pages or an API-only flow, with redirect, embedded, and decoupled authentication options. Data refresh is on demand, and connected banks can be filtered by country and supported features. Token.io states connectivity to over 567 million verified bank accounts in the UK and Europe across 21 countries. Token.io Limited is authorised by the UK FCA as an AISP and PISP; Token.io GmbH is authorised by BaFin as an AISP. The company lists ISO 27001:2013, PCI-DSS Level 1, PSD2, and Cyber Essentials credentials. Pricing is available on request.