Powens vs Statement
Powens
powens.com
Statement
statement.ioSide by side
| Figure | Powens | Statement |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | — |
| Plans published | 1 | 0 |
| Spec score · Bank Connectivity Software | 8.2 (#8) | 6.9 (#42) |
| Integrations | For business account aggregation, Powens says it connects to PSP wallets such as PayPal, Stripe and GoCardless. | Statement says it connects banks, ERPs, and core finance tools, and supports two-way ERP sync. |
| Security | Powens says it is ISO 27001 certified and that its security and compliance frameworks are independently tested and audited each year. | The Bank Connectivity page says Statement is SOC-I, SOC-II, GDPR, and ISO-27001 certified. |
| Support | Enterprise plans include a dedicated account manager and priority assistance from integration and technical support teams. | The company’s values page says it offers around-the-clock response to meet customer needs. |
Plans
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.
Statement
Statement is a web-based treasury automation platform for cash visibility, forecasting, reconciliation, and insights. It consolidates cash positions across accounts, entities, regions, and currencies with real-time updates, and connects to more than 3,000 corporate banks, ERPs, and finance tools. Its AI organizes raw bank transaction data. Forecasts use cash inflows, outflows, and live ERP data, with a 13-week horizon. Users can automate budget-versus-actual analysis and create unlimited scenario plans. Treasury insights identify trends, anomalies, risks, and opportunities, including projected liquidity, hedging risk, unusual transactions, and high fees. Daily or weekly summaries can arrive by email. Two-way ERP synchronization, custom views, and role-based permissions support finance teams. Statement lists SOC-I, SOC-II, GDPR, and ISO-27001 certification. Custom onboarding is available, and the company says customers can go live in weeks without an IT lift. Pricing is on request.