Software Alternatives & Reviews

Teller API VS TrueLayer

Compare Teller API VS TrueLayer and see what are their differences

Teller API logo Teller API

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

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data
  • Teller API Landing page
    Landing page //
    2023-10-22
  • TrueLayer Landing page
    Landing page //
    2023-09-28

Teller API

Categories
  • Online Payments
  • Recurring Billing
  • Personal Finance
  • eCommerce Tools
Website teller.io
Pricing URL-

TrueLayer

Categories
  • Online Payments
  • Recurring Billing
  • Personal Finance
  • eCommerce Tools
Website truelayer.com
Pricing URL Official TrueLayer Pricing

Teller API 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 Teller API and TrueLayer)
Online Payments
36 36%
64% 64
Recurring Billing
41 41%
59% 59
Personal Finance
100 100%
0% 0
Fintech
25 25%
75% 75

User comments

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Social recommendations and mentions

Based on our record, Teller API should be more popular than TrueLayer. It has been mentiond 11 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.

Teller API mentions (11)

  • Do I have to consider Flutter App as any other web app like React or HTML? To consider the code can be viewed by users?
    However! A determined user can still do something like load the app on a phone in an Android or iOS simulator, then watch all outgoing API calls and basically reverse-engineer how things work. This is how Teller wrote their system -- they loaded up bank apps onto a simulator and basically reverse-engineered the API for the various banks. Source: over 1 year ago
  • Anyone aware of an SDK/service to connect to bank accounts and credit card transactions?
    I haven’t used it and I couldn’t find their pricing, but there is also Teller. https://teller.io. Source: over 1 year ago
  • Update 1.5 for YNAB alternative OpenBudgeteer now available
    Have you considered integration with a free api to import transactions? Source: about 2 years ago
  • Launch HN: Realize (YC W22) – Integrate brokerage accounts into your site or app
    Congrats on the launch! I'm the CEO and co-founder of https://teller.io that uses private mobile banking APIs to provide access to bank accounts too, and you're right it's the way to go. We don't think regulation or OAuth based APIs will ever yield an improvement on this approach (explained why here - https://blog.teller.io/2021/06/21/our-mission.html) You're going to quickly find out that these API endpoints are... - Source: Hacker News / about 2 years ago
  • Account and Identity Verification Tools
    I’d also check out https://teller.io as well. Source: over 2 years ago
View more

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 Teller API and TrueLayer, 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.

ACH payments with Stripe - Accept bank payments with a few lines of code.

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

Mercury API - API for your business bank account

Open Banking API Tracker - Tracking +130 open banking and PSD2 APIs

Wisefin API - Turn messy bank transaction names into beautiful data