Software Alternatives, Accelerators & Startups

Silverfin VS TrueLayer

Compare Silverfin VS TrueLayer and see what are their differences

Silverfin logo Silverfin

Salesforce for financial data

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data
  • Silverfin Landing page
    Landing page //
    2023-08-18
  • TrueLayer Landing page
    Landing page //
    2023-09-28

Silverfin videos

Review of Silverfin by Charlie Higson

More videos:

  • Review - Getwalk 2016: Silverfin
  • Review - Build your Data Hub to drive App Advisory with Silverfin

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 Silverfin and TrueLayer)
Accounting
100 100%
0% 0
Online Payments
0 0%
100% 100
Auditing And Compliance
100 100%
0% 0
Recurring Billing
0 0%
100% 100

User comments

Share your experience with using Silverfin and TrueLayer. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, TrueLayer should be more popular than Silverfin. 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.

Silverfin mentions (1)

  • Ask HN: Who is hiring? (September 2021)
    Silverfin https://silverfin.com | Ruby Engineers | Remote, African & European Timezones | Full-time contractor We’re a bunch of fine folks in a fully remote team, working on a nice up-to-date Rails monolith with some Vue.js sprinkled on top. Our SaaS product and platform is making accountant’s work more meaningful by improving their workflows and replacing their hairy Excel sheets with a 21st century product.... - Source: Hacker News / over 2 years 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 Silverfin and TrueLayer, you can also consider the following products

CaseWare Working Papers - Integrate everything you need to conduct assurance and reporting engagements. Used by more than 90% of accounting firms across Canada.

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.

AuditFile - Cloud-based audit, review, and compilation software.

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

Quandl - Quandl is a platform for financial, economic, and alternative data, serving investment professionals.

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