Freedom251 › Bank Connectivity Software
Enable Banking
What Enable Banking is
Enable Banking provides an API for account information and payment initiation across more than 2,700 banks in 30 European countries. It supports personal and business accounts, with business-account access varying by bank, and returns account information, balances, transactions, and payment details in real time. The service can support invoicing, automated bookkeeping, credit risk assessment, loyalty programs, onboarding, and payments. Payment options include bulk SEPA and domestic payments, scheduled standing orders, and country-specific methods such as Swedish BankGiro. Licensed companies can delegate PSD2 API integration, development, and maintenance through its TPP infrastructure service. Developer resources include a sandbox, API reference, UI widgets, guides, FAQs, and code samples. The company says it uses official PSD2 APIs, does not sell or monetise customer data, and does not store, cache, or process account data beyond delivering it to the authorised application. Pricing is on request; TPP fees depend on accessible accounts and successfully initiated payments, with a minimum monthly invoice. Live payment initiation requires a PISP licence or another licence that permits it.
Who it suits
It is aimed at financial institutions, ERP providers, and loyalty programs needing bank connectivity or payment initiation. Licensed companies can also use its TPP infrastructure service.
What it does well
- Connects to more than 2,700 banks in 30 European countries.
- Supports real-time account information and payment initiation.
- Includes sandbox access, API references, and code samples.
- Supports bulk SEPA and domestic payments.
- Certified to ISO/IEC 27001:2022.
What to know first
- Pricing is available on request.
- Live payment initiation requires an appropriate licence.
- Business-account access varies by bank.
- Banks may limit background data fetching frequency.
Limits
The volume-based plan has a minimum monthly invoice, with charges based on connected accounts and successfully initiated payments. Banks can limit background fetching, often to four fetches per day when the user is absent; business-account access also varies by bank. Live payment initiation requires a PISP licence or another licence that permits it.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Volume-based API pricing | Monthly; pricing depends on connected bank accounts and successfully initiated payments; minimum monthly invoicing applies. · Per connected account per month · Per successfully initiated payment · Minimum monthly invoice | On request |
As enablebanking.com lists them, read 9 Oct 2026. The maker's own page has the final word.
Getting started
- Visit the Enable Banking website
- Review the API documentation and available bank integrations
- Use the sandbox guidance or mock bank connections during development
- Choose API, self-hosted or web access
- Request pricing for the volume-based plan
Verdict
Enable Banking offers broad European bank connectivity with account data and payment capabilities. Organisations should confirm licensing, bank-specific access, and pricing for their intended use.
Questions
How much does Enable Banking cost?
Pricing is on request. The volume-based plan is billed monthly and depends on connected bank accounts and successfully initiated payments; a minimum monthly invoice applies.
Which banks and countries does it cover?
Enable Banking says it connects to more than 2,700 banks across 30 European countries.
What account data can it access?
It supports account information, balances, transactions and payment details for personal and business accounts. Business-account access varies by bank.
Can it initiate payments?
Yes. It supports payment initiation, including bulk SEPA and domestic payments, standing orders and some country-specific methods. Live payment initiation requires an appropriate licence.
Does it offer a sandbox and developer tools?
Yes. Its developer materials include a sandbox, API reference, UI widgets, control panel guidance and code samples.
How does Enable Banking handle customer data?
The company says it does not monetise customer data and does not store, cache or process account data beyond delivering it to the authorised application.
Facts from Enable Banking's own pages
- Business use
- The API supports both business and consumer accounts, though access to business accounts varies by bank. · enablebanking.com, 9 Oct 2026
- Compliance
- Enable Banking states that it is ISO/IEC 27001 certified and provides PSD2-compliant access without screen scraping or reverse engineering. · enablebanking.com, 9 Oct 2026
- Coverage
- Enable Banking says its API connects to more than 2,700 banks across 30 European countries. · enablebanking.com, 9 Oct 2026
- Customers
- The company says it serves organisations including financial institutions, ERP providers, and loyalty programs. · enablebanking.com, 9 Oct 2026
- Data access
- The API supports business and personal accounts and provides real-time account information and payment initiation. · enablebanking.com, 9 Oct 2026
- Data access limits
- Fetching data is not charged per API call, but background access frequency may be limited by banks, often to four fetches per day when the user is absent. · enablebanking.com, 9 Oct 2026
- Data format
- Enable Banking harmonises bank data into a standard format but says it does not add its own enrichment or categorisation layer. · enablebanking.com, 9 Oct 2026
- Data handling
- The company says it does not monetise customer data, and its FAQ says it does not store, cache, or process account data beyond delivering it to the authorised application. · enablebanking.com, 9 Oct 2026
- Developer resources
- The documentation includes a quick start, API reference, sandbox guidance, UI widgets, a control panel guide, FAQs, market specifics, and code samples. · enablebanking.com, 9 Oct 2026
- Developer tools
- The developer documentation includes a sandbox, API reference, UI widgets, Control Panel guidance, and code samples. · enablebanking.com, 9 Oct 2026
- Fees
- For its TPP infrastructure, fees are incurred for successfully initiated payments and accessible accounts; the page does not state prices. · enablebanking.com, 9 Oct 2026
- Founded
- 2019 · enablebanking.com, 28 Sept 2026
- Headquarters
- Espoo, Finland · enablebanking.com, 28 Sept 2026
- Infrastructure
- The TPP service offers a dedicated single-tenant environment and eIDAS certificate handling through Cloud HSM in AWS or GCP, or its open-source eIDAS broker. · enablebanking.com, 9 Oct 2026
- Integrations
- Enable Banking provides integrations with bank APIs, with a published list of available integrations in its documentation. · enablebanking.com, 9 Oct 2026
- Payments
- Live payment initiation requires the customer to hold a PISP licence or another licence that allows payment initiation. · enablebanking.com, 9 Oct 2026
- Payment support
- The service supports bulk SEPA and domestic payments, standing orders with custom execution schedules, and country-specific methods such as Swedish BankGiro. · enablebanking.com, 9 Oct 2026
- Product
- Enable Banking provides one PSD2-compliant API for account information and payment initiation across more than 2,700 banks in 30 European countries. · enablebanking.com, 9 Oct 2026
- Regulatory status
- Enable Banking Oy identifies itself as a registered Account Information Service Provider regulated by the Finnish Financial Supervisory Authority. · enablebanking.com, 9 Oct 2026
- Security
- Enable Banking says its information security management system is certified to ISO/IEC 27001:2022. · enablebanking.com, 9 Oct 2026
- Security and privacy
- The company says it uses official PSD2 APIs and does not sell or monetise customers’ data. · enablebanking.com, 9 Oct 2026
- Support
- Enable Banking says its open banking specialists support customers from integration through ongoing operations. · enablebanking.com, 9 Oct 2026
- TPP infrastructure
- Licensed companies can delegate PSD2 API integration, development, and maintenance to Enable Banking through its TPP Infrastructure as a Service. · enablebanking.com, 9 Oct 2026
- Use cases
- The company describes use cases including invoicing, automated bookkeeping, credit risk assessment, loyalty programs, onboarding, and payments. · enablebanking.com, 9 Oct 2026
Where Enable Banking stands on Freedom251
- Bank Connectivity Software#26 of 71
- Financial Data Aggregation Platforms#8 of 13
- Financial Data APIs#21 of 28