Software Alternatives, Accelerators & Startups

TrueLayer VS Expensify

Compare TrueLayer VS Expensify and see what are their differences

TrueLayer logo TrueLayer

Simple Bank APIs to access real-time financial data

Expensify logo Expensify

Import expenses directly from a credit card to create free expense reports quickly. Approve reports online and reimburse directly to a checking account with one click.
  • TrueLayer Landing page
    Landing page //
    2023-09-28
  • Expensify Landing page
    Landing page //
    2023-10-10

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

Expensify videos

Expensify Review | Expense Management Software | Pearl Lemon Reviews

More videos:

  • Review - Expensify Review: Everything You Need to Know About This Bookkeeping App
  • Review - Let Expensify simplify your expense tracking - Review

Category Popularity

0-100% (relative to TrueLayer and Expensify)
Online Payments
100 100%
0% 0
Expense Tracking
0 0%
100% 100
Recurring Billing
100 100%
0% 0
Expense Management And Reporting

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare TrueLayer and Expensify

TrueLayer Reviews

We have no reviews of TrueLayer yet.
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Expensify Reviews

Small Business Expense Tracking Apps: Streamlining Financial Management
In conclusion, the realm of expense tracking apps offers diverse solutions for small businesses. Whether opting for established platforms like QuickBooks Online, Expensify, Zoho Expense, or considering newer entrants like Centy, these tools empower businesses to take control of their finances and pave the way for sustainable growth.
Source: medium.com
20 best accounting software tools
Expensify is an accounting system fit for a business of any size that lets you manage your receipts, and easily submit business expenses for both reimbursement and approval.
Source: clockify.me

Social recommendations and mentions

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

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

Expensify mentions (1)

  • Is this a scam or a badly managed company
    I never heard of them before, and the emails look like they are truly tied to 'expensify.com' but there is no 'unsubscribe' or anything similar. I am thinking maybe a scammer is trying to get me to sign in and put in some form of credit card details? Source: over 1 year ago

What are some alternatives?

When comparing TrueLayer and Expensify, 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.

Abacus - Expenses without the 'expense report'

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

Zoho Expense - Automate your expense reporting process and streamline the approval flow.

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

Fyle - Track expenses across devices on-the-go and maintain a central repository. With custom approval flows, automatic policy violation detection and an automated audit trail, be audit-ready at all times!