finAPI vs Trovata TMS
finAPI
finapi.io
Trovata TMS
trovata.ioSide by side
| Figure | finAPI | Trovata TMS |
|---|---|---|
| Price from | €60/mo | $2,000/mo |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 4 | 2 |
| Spec score · Bank Connectivity Software | 8.1 (#10) | 8.0 (#14) |
| Founded | 2008 | 2016 |
| Headquarters | Munich, Germany | Solana Beach, California, United States |
| Integrations | The Banking API includes connections through XS2A, FinTS/HBCI, web scraping and financial service provider APIs; its Access packages also list PayPal API connections. | Officially listed integrations include NetSuite, Sage Intacct, Oracle Fusion, SAP and FloQast, with API and SFTP connectivity for other systems. |
| Payments | The Payment API supports SEPA transfers, collective transfers, standing orders, scheduled transfers, instant payments, direct debits and collective direct debits. | Payments can be initiated, approved and released through policy-controlled workflows with real-time updates to cash, forecasts and accounting. |
| 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 base package includes 3–5 hours of live training and unlimited in-app technical support. |
| What it does | finAPI provides cloud-based financial software to aggregate and analyze financial data for businesses and create financial services and online applications. | Trovata TMS is a cloud-native treasury system using real-time bank connectivity and normalized financial data across cash, banking, capital markets, payments and accounting. |
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
Trovata TMS
Trovata TMS is a cloud treasury management system for teams handling cash across multiple banks, entities, and currencies. It connects to banks in real time and normalizes financial data, giving users prior-day and intraday cash positions. Forecasts combine historical trends, ERP inputs, and capital-markets activity, then compare projections with actuals. The platform centralizes bank accounts, signers, documents, and approvals, while automating account maintenance, compliance reporting, and fee analysis. Policy-based workflows support payment initiation, approval, and release, updating cash, forecasts, and accounting as transactions move. Reconciliation covers bank activity, payments, and ERP data, with journal entries for cash, interest, foreign exchange, and accruals. Trovata AI offers natural-language chat and agents for insights, narratives, anomaly detection, reconciliation summaries, and alerts. Integrations include NetSuite, Sage Intacct, Oracle Fusion, SAP, and FloQast, with APIs for other systems. It runs on web, iOS, and APIs.