Software Alternatives & Reviews

MX Platform VS TrueLayer

Compare MX Platform VS TrueLayer and see what are their differences

MX Platform logo MX Platform

MX enables financial institutions and fintech companies to gather, enrich, present, and act on data — resulting in dramatic gains to the bottom line.

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data
  • MX Platform Landing page
    Landing page //
    2023-05-08
  • TrueLayer Landing page
    Landing page //
    2023-09-28

MX Platform videos

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TrueLayer videos

Building Open Banking API Layers with TrueLayer

More videos:

  • Review - API-based fintechs take the next steps: Plum generate payments via TrueLayer | Homescreen | Ep 53

Category Popularity

0-100% (relative to MX Platform and TrueLayer)
Personal Finance
36 36%
64% 64
Online Payments
0 0%
100% 100
Finance
100 100%
0% 0
Recurring Billing
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, TrueLayer should be more popular than MX Platform. It has been mentiond 4 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

MX Platform mentions (1)

  • can someone advise me on this ,this is a reply to an email i sent my local council but the red text is a bit concerning, just want to double check before sending personal information about my daughter ,its an email to north Ayrshire Council
    It is a common thing on some e-mail systems in corporations and governments. For instance, if your company name is mx.com, an e-mail might come from rnx.com instead. If you aren't paying close attention, you might miss that, so e-mail administrators configure things to alert you when an e-mail is external. Source: over 1 year ago

TrueLayer mentions (4)

  • BANKING AS A SERVICE? ANOTHER WAY BUSINESSES MAKE MONEY
    Sounds like Open Banking which is government driven & regulated, depending on where you are. There are a couple of startups that act as an abstraction layer to try to make the experience "frictionless", like TrueLayer. Source: over 1 year ago
  • I'm an experienced programmer trying to build my first website for my clothing brand using JavaScript, HTML and CSS, but I have a few serious questions regarding the problems I might encounter while creating such a website
    You won't avoid interfacing with an API. Even if you don't want to use Stripe/PayPal, you'll need to wrestle with a banks own API or some kind of broker. TrueLayer is a popular way in Europe to access banks that support the Open Banking API. It is through a banking API that you will get confirmation that a payment has been made, so there should be no chance of sending items "for free". Unless you're posting... Source: over 1 year ago
  • Why do some traditional banks still not offer open banking?
    I had a subscription with TrueLayer. The API service was smooth and their team updated me from time to time. They even helped me with regulation by giving us an agency under their FCA license. Eventually I transferred to Nordigen due to a friend’s recommendation. It was also free so why not. It was easy to integrate their program to my business model. One particular program I am happily using that involves open... Source: over 2 years ago
  • Open Beta Ending: A last chance to get FOREVER FREE ACCESS to a money app
    • The technology that helped us connect you with your banks is powered by TrueLayer Ltd, which is regulated by the UK Financial Conduct Authority (FCA) and their registration number is 901096. We are also registered with the FCA (928953), as an agent of TrueLayer. You will see their interface when you choose your banks as well as a statement in our app stating this relationship. More info about TrueLayer if you... - Source: Hacker News / almost 3 years ago

What are some alternatives?

When comparing MX Platform and TrueLayer, you can also consider the following products

Episys - Episys 2

Stripe - Online payment processing for internet businesses. Stripe is a suite of payment APIs that powers commerce for online businesses of all sizes. Use Stripe’s payment platform to accept and process payments online for easy-to-use commerce solutions.

Geezeo - Geezeo is the proven white-label PFM provider for banks and credit unions.

Plaid - Infrastructure that powers financial technology by enabling applications to connect with users' bank accounts.

Dynamo - Dynamo is an investment management software that provides an end-to-end platform to investors and asset managers to maintain their relationships with their clients through account statements, document submissions, etc.

Teller API - A single API to connect your app with any bank's account