Last updated on
Company health
Ratings
Finicity description
Finicity, a Mastercard company, provides financial data through its secure open banking platform. Businesses use Finicity's APIs to access consumer-permissioned financial data like transactions, account history, and statements, helping them develop innovative financial products and services. Finicity boasts broad coverage, reliable connections, and high-quality data to empower businesses in various sectors, including lending, personal finance management, and wealth management.
Who is Finicity best for
Finicity, a Mastercard company, empowers businesses with secure access to consumer-permissioned financial data. Through its open banking platform and APIs, Finicity enables the development of innovative financial products and services. This makes it an ideal solution for fintech companies and financial institutions looking to leverage financial data.
-
Best fit for small to mid-sized businesses.
-
Ideal for fintech companies and financial institutions.
Finicity features
Supported Finicity provides access to a wide range of consumer account data, including checking, savings, credit cards, investments, and student loans. |
Supported Finicity's platform allows businesses to access and manage their financial data. |
Supported Finicity offers detailed student loan data, including payoff predictions and verification reports, which can be valuable for lenders and financial advisors. |
Supported Users can access various investment account types, including 401k, IRA, and brokerage accounts. |
Supported Finicity provides clean, categorized transaction data with detailed information. |
Supported Finicity aggregates historical account data for up to two years. |
Supported It directly retrieves bank statements, simplifying the process of gathering financial documentation. |
Finicity alternatives
Global Database Business Credit ReportsUncover company financials, credit scores, and risks globally.Read more
Finicity FAQ
Finicity, a Mastercard company, helps businesses access consumer-permissioned financial data. Through its open banking platform and APIs, Finicity enables the development of innovative financial products and services. It offers reliable connections and high-quality data for various sectors, including lending and wealth management.
What is Finicity and what does Finicity do?
Finicity, a Mastercard company, helps businesses access consumer-permissioned financial data. Through its open banking platform and APIs, Finicity enables the development of innovative financial products and services. It offers reliable connections and high-quality data for various sectors, including lending and wealth management.
Finicity integrates with other tools primarily through its APIs. These APIs provide access to consumer-permissioned financial data, enabling businesses to build various financial products and services. This allows for seamless data transfer and integration with existing systems.
How does Finicity integrate with other tools?
Finicity integrates with other tools primarily through its APIs. These APIs provide access to consumer-permissioned financial data, enabling businesses to build various financial products and services. This allows for seamless data transfer and integration with existing systems.
Finicity competes with Plaid, Ekata, iDenfy, ComplyCube, and Ondato. These companies offer similar services, including identity verification, fraud prevention, and access to financial data. While Finicity focuses on open banking and financial data APIs, its competitors provide broader identity and compliance solutions.
What the main competitors of Finicity?
Finicity competes with Plaid, Ekata, iDenfy, ComplyCube, and Ondato. These companies offer similar services, including identity verification, fraud prevention, and access to financial data. While Finicity focuses on open banking and financial data APIs, its competitors provide broader identity and compliance solutions.
Yes, Finicity, a Mastercard company, is a legitimate provider of financial data APIs. They offer secure access to consumer-permissioned data, facilitating innovative financial products and services. Finicity is trusted by businesses for its broad coverage and reliable connections.
Is Finicity legit?
Yes, Finicity, a Mastercard company, is a legitimate provider of financial data APIs. They offer secure access to consumer-permissioned data, facilitating innovative financial products and services. Finicity is trusted by businesses for its broad coverage and reliable connections.
Finicity doesn't publicly disclose its pricing. Contact their sales team for a customized quote based on your specific product needs and data access requirements.
How much does Finicity cost?
Finicity doesn't publicly disclose its pricing. Contact their sales team for a customized quote based on your specific product needs and data access requirements.
Based on the available reviews, Finicity's customer service receives negative feedback. Users report unprofessional and disorganized onboarding experiences, including unhelpful and dismissive communication.
Is Finicity customer service good?
Based on the available reviews, Finicity's customer service receives negative feedback. Users report unprofessional and disorganized onboarding experiences, including unhelpful and dismissive communication.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.