Software Alternatives & Reviews

SimFin VS TrueLayer

Compare SimFin VS TrueLayer and see what are their differences

SimFin logo SimFin

Crunchbase for listed companies

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data
  • SimFin Landing page
    Landing page //
    2023-10-01
  • TrueLayer Landing page
    Landing page //
    2023-09-28

SimFin videos

@Simfin on the perils of saying what you think

More videos:

  • Review - Simfin presenting at TMSEN12

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 SimFin and TrueLayer)
Fintech
26 26%
74% 74
Online Payments
0 0%
100% 100
Finance
100 100%
0% 0
Tech
100 100%
0% 0

User comments

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Social recommendations and mentions

SimFin might be a bit more popular than TrueLayer. We know about 5 links to it since March 2021 and only 4 links to TrueLayer. 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.

SimFin mentions (5)

  • Learning Python for Finance
    Https://simfin.com/ is a data provider that uses python API's. The site has many examples of how to use the datasets https://github.com/SimFin/simfin-tutorials You have to pay for the recent data, but the older data is free. Source: about 2 years ago
  • Criteria for Identifying High Performing Companies
    I am trying to identify companies that, as Warren Buffet advised, have " ... Strong histories of profitability and with a dominant business franchise". I have written a screener in python, that uses SimFin https://simfin.com/ data to find companies that meet my criteria. I am not trying to ascertain if these companies are at an attractive purchase point, only if they would be a company I would want to own. I... Source: over 2 years ago
  • quantel.io - anybody knows?
    I know simfin.com, which is great for US but pretty useless for everything else (Germany has 32 tickers... that's an order of magnitude too small). Source: over 2 years ago
  • Past 20 year free historical data of 10K and 10Q?
    If you just need simplified data and aren't too picky on the 20 years, simfin is also useful. Source: over 2 years ago
  • is there a good database / source for fundamentals that is free?
    For bulk standardized datasets then simfin should have you covered (though somethings are a bit iffy). Source: 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 SimFin and TrueLayer, you can also consider the following products

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

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.

Wisesheets - Get stock financial data instantly on your spreadsheet

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

Thinknum - Making it easy to track and model corporate financial data

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