Finshark
Finshark provides businesses with open banking payments, payouts and financial data through web and API access.
What Finshark is
Finshark provides businesses with open banking payments, payouts and financial data through web and API access. Customers can pay or deposit from bank accounts without a card, download or signup. Businesses can also send individual or batch bank transfers, with payee identity and account ownership checked in real time. Payments are usually processed instantly, though some can take up to two days to reach a merchant; payouts can take up to two banking days.
Its premium insights use real-time account data for KYC checks, including information such as balances, transactions, income, debts, spending behaviour and risk propensity. Connections can use online banking, bank APIs, BankID and Strong Customer Authentication (SCA); Finshark says customer authentications pass through SCA. The company lists more than 3,000 connected banks in 11 authorized markets and coverage of 99% of Scandinavian bank accounts. Finshark AB says it is a licensed Payment Institution supervised by Sweden’s Financial Supervisory Authority and authorized to provide payment services across the EU/EEA. Developers can set up an app and test payment in a sandbox; Finshark approval is required for production access. Pricing is on request.
Good
- Bank payments can be made without cards or customer signups.
- Supports single and batch payouts with real-time ownership checks.
- Insights use real-time account data for KYC checks.
- Connects to more than 3,000 banks.
Watch out
- Pricing is available on request.
- Production access requires Finshark approval.
- Some payments can take up to two days.
- Payouts can take up to two banking days.
Who it suits
Finshark is intended for businesses across industries, including non-financial companies looking to embed financial services. It suits teams seeking bank payments, payouts or real-time account data through APIs.
Verdict
Finshark brings bank payments, payouts and financial data services together for business use. Buyers should account for production approval and possible payment or payout delays when assessing it.
The facts
Each one read from Finshark's own pages, with the date it was checked.
What it does
- API and integration
- Finshark offers open banking APIs and says implementation requires very little coding.checked 8 Oct 2026
- Bank coverage
- Finshark states it connects to more than 3,000 banks and covers 99% of bank accounts in Scandinavia across 11 authorized markets.checked 8 Oct 2026
- Bank payments
- Its instant payments let customers pay or deposit directly from their bank accounts without cards, downloads, or signups.checked 8 Oct 2026
- Coverage
- The site lists 11 authorized markets, more than 3,000 connected banks, and coverage of 99% of bank accounts in Scandinavia.checked 8 Oct 2026
- Developer access
- Developers can register in the Portal and create an app, while production access requires Finshark’s approval.checked 8 Oct 2026
- Developer setup
- Developers can register on the portal, create an app, and use a sandbox provider to create and authorize a test payment.checked 8 Oct 2026
- Financial insights
- Premium insights use real-time account data for KYC checks and can include income, debts, categorized transactions, risk propensity, and spending behavior.checked 8 Oct 2026
- Implementation
- Finshark describes its services as API-based and says little coding is needed to integrate them.checked 8 Oct 2026
- Instant payments
- Businesses can accept account-to-account payments directly from customers’ bank accounts, without requiring cards, downloads or signups.checked 8 Oct 2026
- Instant payouts
- Businesses can send single or batch bank transfers and verify payee identity and account ownership in real time.checked 8 Oct 2026
- Integrations
- Finshark offers APIs and says its services are integrated with the majority of banks in Finland and most Danish banks.checked 8 Oct 2026
- Intended customers
- Finshark describes its services as suited to businesses across industries, including non-financial companies seeking embedded finance.checked 8 Oct 2026
- License
- Finshark AB says it is a licensed Payment Institution supervised by Sweden’s Financial Supervisory Authority and authorized to provide payment services across the EU/EEA.checked 8 Oct 2026
- Payment timing
- Payments are usually processed instantly but can take up to two days to reach a merchant in some cases, while payouts can take up to two banking days.checked 8 Oct 2026
- Payouts
- Businesses can send single or batch bank transfers, with payee identity and account ownership checked in real time.checked 8 Oct 2026
- Production access
- Production access must be approved by Finshark, according to its developer FAQ.checked 8 Oct 2026
- Regulatory status
- Finshark AB says it is a licensed Payment Institution supervised by Sweden’s Financial Supervisory Authority and provides services under PSD2.checked 8 Oct 2026
- Security
- The maker says all customer authentications go through Strong Customer Authentication (SCA).checked 8 Oct 2026
- Security flow
- The product pages state that customer authentications go through strong customer authentication (SCA).checked 8 Oct 2026
- Security information
- The dedicated security page says it will contain more information on Finshark’s security measures, but provides no further detail there.checked 8 Oct 2026
- Support
- Finshark offers user support through a contact form and says its Slack channel is open to technical users and developers.checked 8 Oct 2026
- What it does
- Finshark provides open banking payments, payouts, and financial data services for businesses.checked 8 Oct 2026
The company
- Founded
- 2019checked 28 Sep 2026
- Headquarters
- Finshark lists its Lund office at Lilla Fiskaregatan 2, 222 22 Lund, Sweden.checked 8 Oct 2026
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