Software Alternatives, Accelerators & Startups

Setu VS Open Banking API Tracker

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

Setu logo Setu

Setu’s APIs and software is used by hundreds of businesses from startups to large enterprises to reimagine onboarding, payments, deposits, lending and data empowerment for their end customers.We’re hiring across the board!

Open Banking API Tracker logo Open Banking API Tracker

Tracking +130 open banking and PSD2 APIs
  • Setu Landing page
    Landing page //
    2023-06-23
  • Open Banking API Tracker Landing page
    Landing page //
    2022-07-10

Setu

Website
setu.co
$ Details
-
Release Date
2018 January
Startup details
Country
India
State
Karnataka
City
Bengaluru
Founder(s)
Sahil Kini
Employees
10 - 19

Setu features and specs

  • Comprehensive APIs
    Setu provides a wide range of APIs that cater to various banking and financial services, allowing businesses to integrate financial capabilities seamlessly.
  • Ease of Integration
    The platform is designed for easy integration, offering well-documented APIs and tools that facilitate quick onboarding and implementation for developers.
  • Secure Transactions
    Setu prioritizes security, ensuring that all transactions and data exchanges are encrypted and compliant with industry standards, providing peace of mind to users.
  • Scalability
    Setu's infrastructure is built to accommodate growth, allowing businesses to scale their financial services as demand increases without significant overhead.

Possible disadvantages of Setu

  • Limited Global Reach
    As of now, Setu primarily focuses on the Indian market, which may limit its applicability for businesses aiming for a global customer base.
  • Regulatory Challenges
    Navigating financial regulations can be complex, and while Setu provides compliance support, businesses must still be vigilant and proactive in maintaining their own compliance.
  • Dependency on Third-Party Services
    Reliance on Setu's platform means that businesses are dependent on the uptime and reliability of Setu's services, which can be a concern if there are outages.

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.

Setu videos

Awesome WFH Chair, Herman Miller Setu Chair Overview

More videos:

  • Review - Herman Miller Setu Chair
  • Review - SETU nutrition_honest review_boosts immunity_proper digestion_vegetarian_weight loss_vitamin

Open Banking API Tracker videos

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

Add video

Category Popularity

0-100% (relative to Setu and Open Banking API Tracker)
APIs
61 61%
39% 39
Online Payments
0 0%
100% 100
Fintech
100 100%
0% 0
Recurring Billing
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Setu seems to be more popular. It has been mentiond 1 time 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.

Setu mentions (1)

  • Engineers, this is how YOU win
    [Setu](https://setu.co), I used to check whether the webhooks. - Source: Hacker News / over 1 year 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 Setu and Open Banking API Tracker, you can also consider the following products

Surepass.io - End-to-End user OnBoarding & Digital Identity Verification solutions for Enterprises | Digital KYC | Background Verification | Banking

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.

Digitap Alternate Data Suite - A well-designed solution to extract financial and non-financial information of your customer from multiple data points such as bank statements, telecom, e-commerce sites, mobile devices, employment records etc.

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

Signzy - Signzy provides Digital Onboarding, identity verification, eSign & Contracting - Platforms & APIs to help businesses meet KYC, KYB AML regulations in Banking, Insurances, Financial services , Automobile, Payments, etc

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