Powens vs Salt Edge Data Aggregation
Powens
powens.comSalt Edge Data Aggregation
saltedge.comSide by side
| Figure | Powens | Salt Edge Data Aggregation |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 2 |
| Spec score · Bank Connectivity Software | 8.2 (#8) | 8.0 (#13) |
| Spec score · Financial Data APIs | 8.2 (#6) | 8.0 (#10) |
| Coverage | Powens lists data connectivity in 12 EU countries and describes its accounts and SEPA transfer coverage across the SEPA area. | Salt Edge says its open banking data coverage includes Europe, the UK, and beyond. |
| Headquarters | Paris, France | Ottawa, Canada |
| Integrations | For business account aggregation, Powens says it connects to PSP wallets such as PayPal, Stripe and GoCardless. | Salt Edge lists pre-integrations with Finastra, Mambu, Temenos, Thought Machine, Tuum, Skaleet and ebankIT among its partnerships. |
| Security | Powens says it is ISO 27001 certified and that its security and compliance frameworks are independently tested and audited each year. | Salt Edge states that it is ISO 27001 certified and licensed as an AISP under PSD2. |
Plans
Salt Edge Data Aggregation
- Sandbox / Developer trialFree
- Account Information (Production)Priced on request
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.
Salt Edge Data Aggregation
Salt Edge Data Aggregation gives businesses access to bank information from more than 5,000 institutions worldwide through one API. It brings account details, balances, transactions, account-holder information, categories, and merchant information together in a unified format. Coverage includes Europe, the UK, and financial institutions in over 50 countries. The service supports personal and business debit, credit, investment, savings, loan, and mortgage accounts, with investment data and transaction enrichment available. Connections can use the Salt Edge Connect widget, a custom interface, Direct API, OAuth, web login, or a bank API. The widget can carry a customer’s branding. Use cases listed by Salt Edge include financial management, retail banking, lending, accounting and ERP, KYC and AML, and treasury management. Businesses without their own PSD2 licence can use the Partner Program for aggregated data from over 2,500 EU banks. Production pricing is custom and billed per consented end-user; a 90-day trial is listed, and the sandbox/developer trial is free, billed monthly.