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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
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Banks, payment companies and B2B fintech

Audience

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

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

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
Free Trial

Pricing

No information available.
Free Version
Free Trial

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 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.
  • Switching to Pay by Bank cut out card fees straight away, and we’ve seen fewer failed rent payments. The real-time bank data also makes affordability checks quicker and more reliable than chasing documents.
  • Speeds up source of funds checks with direct bank data access, reducing reliance on manual statements. Improves accuracy and helps streamline collaboration between solicitors and estate agents during property transactions.

Cons

  • 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.
  • Finexer does not support cross-border payouts, FX conversion, or SWIFT-based treasury flows.
  • Currently focused on UK coverage, which works well for UK transactions but may limit use in wider international property dealings for now.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

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

Company Information

Finexer
Founded: 2024
United Kingdom
finexer.com

Alternatives

Alternatives

Amiqus

Amiqus

Amiqus Resolution

Categories

Categories

Integrations

Amazon Seller Central
Basiq
BigCommerce
Blotout
Clear Books
FreshBooks
MYOB
MYOB AccountRight
Mollie
PayPal Point of Sale
Recurly
Sage Accounting
Sage Intacct
Square Card Reader
Stripe
SumUp
TreviPay
TrueLayer
Wave
Wave Accounting

Integrations

Amazon Seller Central
Basiq
BigCommerce
Blotout
Clear Books
FreshBooks
MYOB
MYOB AccountRight
Mollie
PayPal Point of Sale
Recurly
Sage Accounting
Sage Intacct
Square Card Reader
Stripe
SumUp
TreviPay
TrueLayer
Wave
Wave Accounting
Claim Codat and update features and information
Claim Codat and update features and information
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Claim Finexer and update features and information