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About

Codat helps banks build deeper connections with business customers. We offer products that make it easy to access, synchronize and interpret data from customers’ financial software for specific use cases, such as onboarding suppliers to commercial card programs and underwriting business loans. Codat is used by the largest banks in the world to grow share of wallet, reduce churn & scale their operations. We are backed by leading investors including JP Morgan, Canapi Ventures, Shopify, Plaid, Tiger Global, PayPal Ventures, Index Ventures and American Express Ventures.

About

Finexer is an FCA-regulated, API-driven platform revolutionizing how SMBs access and utilize financial data. By seamlessly connecting to all UK banks, Finexer enables real-time insights and Pay-By-Bank payments through a user-friendly dashboard, deploying 2-3x faster than competitors. Key Features - Data (AISP) & Payments (PISP) APIs: 1. Banks Transactions Data: Gain real-time access to bank transaction data, empowering businesses to enhance decision-making and create tailored user experiences. 2. Balance Checks: Unlock valuable insights into customers' income, expenses, and balance trends to deliver personalised services and targeted offers. 3. Open Banking Payments: Enable secure A2A payments, instant settlements, and automated recurring transactions (Beta), reducing costs by up to 90%. With advanced data capabilities, white-label options, and PSD2-compliant security, Finexer empowers businesses to optimise operations, drive revenue, and elevate customer experiences.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Banks, payment companies and B2B fintech

Audience

Startups, Businesses, Fintechs, Accounting & ERP, Credit and Lending, payroll invoicing, EPOS

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

No images available

Pricing

Free Trial
Try and test Codat for free. Speak to our team to upgrade your free account to launch your product.
Free Version Not Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 4.9 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • We integrated Finexer’s AIS API for account verification and transaction data. The setup was straightforward, and the consistent data has made automated reconciliation much easier.
  • One of our biggest challenges was giving customers an up-to-date view of their finances without relying on manual uploads. Finexer let us connect accounts, retrieve transaction data, and initiate payments through a single integration. The enriched transaction data has also made reporting much more useful.
  • We started using Finexer to automate bank account verification during employee onboarding. The account information has been consistent, and our operations team spends much less time reviewing banking details manually.
  • Working with Finexer in live ERP environments, the main win has been consistency. Bank data comes in structured enough that reconciliation rules don’t break every month. Payment initiation is also more transparent than card flows—you can trace status without digging through multiple systems. It’s fairly low-maintenance once set up, which matters in busy finance ops teams.
  • Excellent visibility into seller bank activity. Helps validate genuine trading patterns and spot anomalies quickly. Works well for strengthening onboarding checks and ongoing fraud monitoring without heavy manual review.

Cons

  • The focus is mainly on UK banking, so wider international coverage may require additional providers.
  • Because we already had integrations with another Open Banking provider, moving across required some planning. The migration wasn't difficult, but it wasn't something we'd have wanted to do in the middle of a major product release.
  • Production pricing is discussed through a short sales process rather than instant self-service, but it meant we ended up with a setup that matched our expected usage.
  • It’s limited to UK banking coverage, so it doesn’t extend well if your setup includes international entities.
  • Focus on account-to-account payments reduces fees and complexity, but won’t suit businesses reliant on card-based flows or recurring card billing models.

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

Codat
Founded: 2017
United Kindom
www.codat.io/

Company Information

Finexer
Founded: 2024
United Kingdom
finexer.com

Alternatives

Alternatives

SingleView

SingleView

Omq Al-Halul Trading Company

Categories

Open Banking Supported
Open Finance Supported
Unified APIs Supported

Categories

Open Banking Supported
Open Finance Supported

Integrations

BigCommerce Supported
Clear Books Supported
FreshBooks Supported
FullCircl Supported
KashFlow Supported
Lightspeed Retail Supported
MYOB Supported
Mollie Supported
NetSuite Supported
Pandle Supported
PayPal Supported
Peaka Supported
Sage 200 Supported
Sage 50 Supported
Shopify Supported
Singer Supported
Speakeasy Supported
Square Card Reader Supported
TrueLayer Supported
WooCommerce Supported

Integrations

BigCommerce Not Supported
Clear Books Not Supported
FreshBooks Not Supported
FullCircl Not Supported
KashFlow Not Supported
Lightspeed Retail Not Supported
MYOB Not Supported
Mollie Not Supported
NetSuite Not Supported
Pandle Not Supported
PayPal Not Supported
Peaka Not Supported
Sage 200 Not Supported
Sage 50 Not Supported
Shopify Not Supported
Singer Not Supported
Speakeasy Not Supported
Square Card Reader Not Supported
TrueLayer Not Supported
WooCommerce Not Supported
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