Enable Banking
Espoo-based registered account information service provider with a single PSD2 API for 2,700+ banks across 30 European countries
Quick Overview
| Company | Enable Banking Oy |
|---|---|
| Category | Open Banking APIs |
| Headquarters | Espoo, Finland |
| Founded | Not stated |
| EU Presence | Yes - Finland (EU) |
| Data Location | Not stated on the pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Account information API, payment initiation, business and personal accounts, up to 12 months of transaction history, UI widgets, sandbox, control panel, TPP infrastructure-as-a-service, SAP solution |
| Pricing | Quote through the vendor's Get a Quote tool; no price list |
| Best For | Accounting, ERP and credit-risk products that need broad EEA bank coverage through one integration |
| Replaces | Plaid, Tink |
Detailed Review
Enable Banking states that one PSD2-compliant API connects to 2,700+ banks in 30 European countries, with both personal and business accounts. The company's address is in Espoo and the footer says it is a registered account information service provider regulated by the Finnish FIN-FSA.
Its documentation includes a country-by-country Market Specifics section covering authentication flows, key banks, payment types and ASPSP-specific details, which is useful when a bank behaves differently from the standard.
Use Cases on the Site
Pages target accounting and ERP (reconciliation, cash flow), credit risk (12 months of transaction history for scoring) and onboarding and KYC (name, account number and balance from the bank, with PSD2 strong customer authentication).
TPP Infrastructure as a Service
Companies that hold their own eIDAS certificates can use Enable Banking's API as a third party provider. That is a different arrangement from relying on the vendor's licence, and the docs describe it in a separate TPP IaaS section.
Developer Tooling
The docs list an API reference, UI widgets, a sandbox, a control panel for apps and settings, an FAQ and code samples. A changelog on the site shows monthly updates, including a Get a Quote tool added to simplify onboarding and pricing.
Limitations to Consider
No published prices; you request a quote. The site's pitch focuses on account information and basic payment initiation rather than enrichment, so categorisation or scoring layers need another vendor. The copyright line on the homepage reads 2022. For enrichment modules see finAPI or Yapily.
Who Should Use Enable Banking
Software vendors and credit teams that want wide EEA bank coverage from one Finnish provider and are comfortable with a quote-based process.
Pros and Cons
Pros
- 2,700+ banks across 30 countries
- Personal and business account coverage
- Country-specific documentation for bank quirks
- Option to use your own eIDAS certificates
- Registered AISP regulated in Finland
Cons
- No public price list
- Little enrichment or scoring on the pages checked
- Transaction history stated as up to 12 months
- Stale copyright line on the homepage
Alternatives to Enable Banking
Other European open banking apis worth comparing before you decide:
Yapily
United Kingdom · Open banking data and payments through one API, with FCA-authorised Connect option
finAPI
Germany · Munich open banking API with a published price list and BaFin licences
TrueLayer
United Kingdom · London Pay by Bank network with a Data API and verification products
Powens
France · French open finance platform for bank data, payments and identity checks
See all European open banking apis or compare them directly against Plaid on our alternatives page.
Frequently Asked Questions
The vendor says more than 2,700 banks across 30 European countries through a single PSD2 API.
Yes. The docs describe a TPP Infrastructure-as-a-Service route for companies using their own eIDAS certificates.
No price list was found. The site refers to a Get a Quote tool.