Finexer
5.5#40 in bank connectivity softwareWebAPI
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| Fact | Finexer | Trovata TMS |
|---|---|---|
| Compliance | Finexer states it is Cyber Essentials certified and ICO registered, and that Finexer Ltd is FCA-authorised under the Payment Services Regulations 2017, firm reference 925695. | Trovata states that its secure cloud-based platform is SOC-1 Type 2 and SOC-2 Type 2 certified. |
| Headquarters | London, United Kingdom | Solana Beach, California, United States |
| Payments | The payments service supports instant account-to-account payments, payment links, QR code payments, batch payments, and automated receipts. | Payments can be initiated, approved and released through policy-controlled workflows with real-time updates to cash, forecasts and accounting. |
| Product | Finexer is a B2B open banking platform for accessing clients’ bank accounts and initiating payments on their behalf. | Trovata TMS is a cloud-native treasury management system built on real-time bank connectivity and normalized financial data. |
| Security | Finexer says sensitive data is encrypted with AES-256 in an isolated data store, and two-factor authentication is required for approved accounts. | Trovata states that production data is encrypted at rest with AES-256 and protected in transit with TLS 1.2 using Amazon Key Management Service for cryptographic keys. |
| Support | The company says its support specialists are available 16 hours a day, seven days a week. | The base package includes 3–5 hours of live training and unlimited in-app technical support. |
Finexer suits businesses building bank-data access, payment initiation, or bank-based identity checks into services. Listed use cases include accounting and ERP, lawtech, EPOS, payroll and invoicing, property, and utility billing.
Trovata TMS is designed for treasury teams managing multiple banks, entities, and currencies, as well as finance leaders and accounting teams.