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MX vs Powens

MX logo

MX

7.0#1 in digital banking platformsFree plan
Free planAndroidiOSWebAPI
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Powens logo

Powens

6.8#10 in bank connectivity software
AndroidiOSWebAPI
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What both publish

FactMXPowens
Founded2010The company says it was founded as Budget Insight in 2012 and rebranded as Powens in 2022.
HeadquartersLehi, Utah, United StatesParis, France
IntegrationsMX announced an integration with Atomic combining MX data and analytics with Atomic's direct-deposit and bill-pay switching products.For business account aggregation, Powens says it connects to PSP wallets such as PayPal, Stripe and GoCardless.
What it doesMX is a financial intelligence platform that helps financial institutions and fintechs turn consumer-permissioned financial data into actionable experiences and growth.Powens describes itself as an Open Finance and embedded payments platform that connects financial data and payment workflows through APIs.

MX plans

  • Free accountFree
  • MX PlatformPriced on request

Powens plans

  • Custom API plansPriced on request

Pick MX if…

MX is aimed at financial institutions and fintechs building services around consumer-permissioned financial data. Its mobile banking SDK is limited to approved third parties or contracted customers.

Pick Powens if…

Powens is aimed at organizations in areas such as lending, accounting, wealth management, property management, retail banking, and payments. Developers can explore its API through a free self-service sandbox.

Charts they share