finAPI vs HSBC Connect
finAPI
finapi.ioHSBC Connect
hsbcinnovationbanking.comSide by side
| Figure | finAPI | HSBC Connect |
|---|---|---|
| Price from | €60/mo | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | — |
| API | Yes | — |
| Plans published | 4 | 0 |
| Spec score · Bank Connectivity Software | 8.1 (#10) | 6.3 (#52) |
| Payments | The Payment API supports SEPA transfers, collective transfers, standing orders, scheduled transfers, instant payments, direct debits and collective direct debits. | Businesses can submit multiple payment types and currencies in one file from a central treasury management station or ERP platform. |
| Regulatory status | The company says its account information and payment initiation services are licensed and approved by Germany’s BaFin. | HSBC Innovation Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. |
| Support | The pricing page says standard support and shared hosting are included with the SaaS licence; premium support, project support, consulting and dedicated hosting are available on request. | The Help Hub is linked from the product page as a support resource. |
Plans
finAPI
- Access B2C — basic licence, up to 200 users€60 a month
- Data Intelligence PG A — basic licence to 200 calls€80 a month
- finAPI Demobank Lite€99 a month
- Access B2X — basic licence, up to 200 users€100 a month
In their own words
HSBC Connect
HSBC Connect has no write-up on Specifiction yet; its figures are above.