Finexer - Open Banking Revenue

About Finexer - Open Banking

Finexer aims to empower businesses of all sizes by simplifying complex financial processes through innovative open banking solutions. We link the UK’s businesses of all sizes with their consumers who instantly transfer, pay, and get refunded in the most secure and convenient way. We forged a path for Open Banking, leading from the front to create a world-class platform where we innovate beyond the sector we inspired. We fulfil our promise of revolutionising payments and unlocking the potential of open banking by offering user-friendly interfaces, white-label customisation, dedicated support, and rapid deployment options. We are FCA-authorised Payment Institutions under the second payment services directive (PSD2). We are committed to driving the open banking revolution by providing robust APIs and platforms enabling secure, compliant, seamless account-to-account transactions and access to enriched financial data. Our Products: 1. Open banking Payments : • Instant Payment - Request to pay by bank • Payout -Instant refund and withdrawal • Bulk Payout - Multiple payment in one click • Recurring Payment(Beta) - VRP’s and Sweeping 2. Open Banking Enriched Data: • Transactions -Real-time bank transaction data • Balance check - Income, expense and balance data • Authenticate - Account details, sort code, IBAN and BIC 3. Verification: KYC/KYB — AUTHORISED BY FCA — Finexer Ltd is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017 firm reference number 925695 as an Authorised Payment Institution to provide account information services and payment initiation services. At Finexer, we believe open banking has immense power to transform financial services into more transparent and equitable experiences - and we provide the tools and technology to make it happen.

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