Powens
French open finance platform that aggregates bank, savings, loan and investment data from 1,800+ European institutions and adds payments and identity checks
Quick Overview
| Company | Powens SAS |
|---|---|
| Category | Open Banking APIs |
| Headquarters | France (SIREN 749 867 206), France |
| Founded | Not stated |
| EU Presence | Yes - France (EU), with Spanish entities after the Unnax merger |
| Data Location | Not stated on the pages checked |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | No |
| Main Features | Transactions, business transactions, wealth and loans data, Bank ID Check, accounts and virtual IBANs, instant transfers, direct debit, pay by bank, sandbox |
| Pricing | Pricing on request; free account for the sandbox |
| Best For | Accounting, lending and wealth apps that need daily-refreshed bank data across Europe from a French vendor |
| Replaces | Plaid, Tink |
Detailed Review
Powens describes itself as the data and payments infrastructure behind European fintechs, with 300+ clients and 120+ experts in France, Spain and Mexico. Its homepage states that Unnax is now Powens, so the former Spanish company is part of the same platform.
The product list reaches beyond account aggregation: transactions, business transactions, wealth and loans, identity and fraud checks, accounts with virtual IBANs, instant SEPA transfers and direct debit.
Aggregation Across Account Types
The aggregation products cover bank accounts, savings, loans and investments from 1,800+ banks, with daily-refreshed transaction data. Separate business variants target SME bank reconciliation and treasury or debt connections for accounting automation.
Identity and Fraud Checks
Bank ID Check verifies account ownership in real time, and Valitic does single and batch ownership checks for Spanish accounts. Local products include employment verification and SAT in Mexico.
Entities
The footer lists Powens SAS as a French payment institution regulated by the ACPR, Unnax Regulatory Services EDE as a Spanish e-money institution, and Unnax Payment Systems S.L.U. for Mexico. Check which entity contracts for which product.
Limitations to Consider
No prices are published, and the group operates through several entities across France, Spain and Mexico, which complicates a contract review. Coverage outside Europe is limited to specific local products. Developers wanting a published price list may prefer finAPI.
Who Should Use Powens
Accounting software, lenders and wealth platforms in France and Spain that want aggregation, payments and ownership checks from one French vendor.
Pros and Cons
Pros
- 1,800+ banks with daily refreshed data
- Accounts and virtual IBANs besides aggregation
- Identity checks through Bank ID Check
- ACPR-regulated payment institution
- Sandbox open to a free account
Cons
- No public pricing
- Several contracting entities in three countries
- Mexico-specific products are outside EU scope
- Documentation split between Powens and Unnax sites
Alternatives to Powens
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
Enable Banking
Finland · Finnish AISP with one PSD2 API to 2,700+ banks in 30 countries
See all European open banking apis or compare them directly against Plaid on our alternatives page.
Frequently Asked Questions
Yes. The Powens homepage states that Unnax is Powens, and the footer lists the Unnax entities among those Powens operates through.
No. It also lists accounts with virtual IBANs, instant transfers, direct debit, pay by bank and identity checks.
The site offers a sandbox and a link to create a free account.