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Nordigen VS Open Banking API Tracker

Compare Nordigen VS Open Banking API Tracker and see what are their differences

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Nordigen logo Nordigen

Free open banking API

Open Banking API Tracker logo Open Banking API Tracker

Tracking +130 open banking and PSD2 APIs
  • Nordigen Landing page
    Landing page //
    2023-05-22
  • Open Banking API Tracker Landing page
    Landing page //
    2022-07-10

Nordigen features and specs

  • Cost Efficiency
    Nordigen offers free access to its API for open banking data aggregation, making it a cost-effective solution for startups and small businesses.
  • EU-Wide Coverage
    Nordigen provides extensive coverage across Europe, connected with thousands of banks, enabling broad access to financial data in the EU region.
  • Ease of Integration
    The platform is designed to be developer-friendly with comprehensive documentation, making API integration straightforward and efficient.
  • Regulatory Compliance
    Nordigen complies with PSD2 regulations, ensuring that users can manage financial data in a secure and regulated manner.

Possible disadvantages of Nordigen

  • Limited Global Reach
    Nordigen primarily focuses on European markets, which may be a limitation for businesses looking for financial data integration in other regions.
  • Dependency on Banking APIs
    The effectiveness of Nordigen's service depends on the reliability and performance of individual banks' APIs, which may vary.
  • Potential Service Gaps
    As an emerging provider, there might be occasional gaps in service or coverage, particularly in less widely represented banks.

Open Banking API Tracker features and specs

  • Comprehensive Data
    Open Banking API Tracker provides detailed coverage of open banking APIs, including a wide range of banks and their respective API details, which is useful for developers and businesses looking to integrate with bank systems.
  • Market Insights
    The site offers insights into the open banking landscape, helping stakeholders stay informed about industry trends, adoption rates, and regulatory changes.
  • Comparative Analysis
    Users can compare different banks and their API offerings, which aids in selecting the right banking partner based on specific needs and compatibility.
  • User-Friendly Interface
    The platform is designed to be accessible and easy to navigate, allowing users to quickly find and assess relevant API information.

Possible disadvantages of Open Banking API Tracker

  • Data Currency
    There can be delays in updating information, leading to potential discrepancies between the live state of APIs and what is reflected on the platform.
  • Limited Geographic Coverage
    While it covers many regions, the site may not fully cover open banking developments in all countries, which could limit its usefulness for global analysis.
  • Subscription Costs
    Accessing the full range of features and data might require a subscription, which could be a barrier for smaller businesses or independent developers.
  • Dependence on Self-Reported Data
    Information accuracy can sometimes depend on self-reporting from banks, leading to potential gaps or inconsistencies in API details.

Nordigen videos

+ Add

Nordigen Live Product Demo at Finovate London 2019

More videos:

Open Banking API Tracker videos

No Open Banking API Tracker videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to Nordigen and Open Banking API Tracker)

Nordigen

Open Banking API Tracker

Online Payments
39 39%
Online Payments
61% 61
Recurring Billing
37 37%
Recurring Billing
63% 63
Fintech
43 43%
Fintech
57% 57
APIs
0 0%
APIs
100% 100

User comments

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Social recommendations and mentions

Based on our record, Nordigen seems to be more popular. 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.

Nordigen mentions (4)

  • The quiet battle raging around open banking
    Cofounder of Nordigen here. We built a completely free API to allow small companies check what money comes in, no additional license needed (it's done on the back of our AISP licence). We're connected to more than 1,000 banks in Europe. Here's the link: https://nordigen.com/en/products/account-information/. - Source: Hacker News / almost 4 years ago
  • Bank account link broken?
    Not surprised at all! Paying for trouble, that's for sure. Try this one, it's free btw https://nordigen.com/en/products/account-information/. Source: almost 4 years ago
  • Plaid
    Plaid offers Open banking services! It's safe, the system is programmed to give you full power to manage and sort your data! Try this https://nordigen.com/en/products/account-information/ instead of Plaid, it's endlessly free and has faster helping services if needed! Source: almost 4 years ago
  • Super frustrated that my app has consistently been non-functional 😤
    I heard about major problems in Plaid app! Try this one https://nordigen.com/en/products/account-information. Compared to plaid it's free, like continuously. Source: almost 4 years ago

Open Banking API Tracker mentions (0)

We have not tracked any mentions of Open Banking API Tracker yet. Tracking of Open Banking API Tracker recommendations started around Mar 2021.

What are some alternatives?

When comparing Nordigen and Open Banking API Tracker, you can also consider the following products

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.

Business Banking APIs by Decentro - Perform any banking functions on top of corporate accounts

TrueLayer - Simple Bank APIs to access real-time financial data

PAYZE - Stripe for former soviet union countries

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

Bonsai Payments - Simple invoicing & payments for small businesses and freelancers. Collect instant payments or set up recurring payments. Get paid via credit card or bank deposit in 100+ currencies.

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