Best Bank Data Aggregation Tools for 2025 to Streamline Your Workflow

The information in this comparison table was sourced from publicly available material on each provider’s website and official documentation as of 10th October 2025

Bank data aggregation has moved from being a back-office function to a core operational requirement for regulated businesses in the UK and Europe. With open banking adoption now exceeding 63 million users across Europe, firms are increasingly seeking reliable ways to access structured banking data at scale. Whether it’s for onboarding, transaction monitoring, affordability checks, or reconciliations, bank data aggregation tools are becoming critical components of modern financial workflows.

For businesses, choosing the right partner is not simply about connectivity. It’s about selecting a provider that can handle regulatory obligations, ensure high coverage, standardise data formats, and offer dependable integration support. This guide examines the best bank data aggregation tools for 2025, highlighting four established players with distinct strengths: Moneyhub, Finexer, Tink, and Modulr.

Provider	Best For	Bank Data Aggregation Highlights	Pricing & Fee Structure	Notable Points for Businesses
Moneyhub	Firms needing strong UK/EU connectivity, enriched transaction feeds, and optional data modules for financial analysis.	Wide AIS coverage across UK & EU accounts Enrichment layers for spending insights Historical data and categorisation engine Optional credit, property, and modelling data	Speculated Setup starts around £50,000 for businesses £1.50 per active user per year (core tier) Extra fees for white-labelling Custom API bundles by volume/features	Combines fixed setup fees with per-user charges. Ideal for firms needing enriched data for compliance or modelling.
Finexer	UK-regulated firms needing secure, real-time access to bank data for onboarding, compliance, and payments.	99% UK bank coverage via AIS & PIS Real-time categorised transaction feeds Unified data and payments stack Granular hosted consent pages	No setup or fixed licensing costs Usage-based pricing per user/API call Volume discounts for higher tiers	UK-only focus simplifies compliance. Deployment typically 2–3× faster than multi-region providers.
Tink	Businesses across Europe needing wide coverage and layered enrichment for financial products and analytics.	Connections to 3,400+ banks Standardised feeds with categorisation Historical data, balances, income verification Personal and business account support	Tiered pricing by volume & features Platform fees + per-user or connection costs Enterprise bundles available Limited free tiers for startups	Best for pan-European aggregation. Useful for fintechs needing consistent data across multiple regions.
Modulr	Businesses needing integrated payments and bank data for workflows and reconciliation.	Regulated API connectivity to UK & EU banks Real-time account info for verification Modular setup for data and payments Strong compliance framework	Tiered, volume-based pricing Setup fees + monthly platform charges Per-transaction or API call fees Enterprise packages combine data & payments	Ideal for payroll and finance teams wanting aggregation and disbursement in one provider.

Moneyhub

Best For:
Businesses that need strong UK and EU bank connectivity, enriched transaction feeds, and modular APIs for financial data aggregation and analysis.

Overview:
Moneyhub is a UK-based platform that aggregates financial data from a wide network of banks, investment accounts, mortgages, and other financial products. It focuses on transforming raw banking data into structured, categorised, and enriched formats that businesses can use for reporting, compliance, and affordability assessments.

Bank Data Aggregation Highlights:

• Wide AIS coverage for both personal and business accounts across the UK and EU.
• Standardised transaction feeds with enrichment layers for spending insights and cash flow summaries.
• Categorisation engine trained on real user data for accurate classification.
• Optional modules that extend beyond core banking data, such as credit, property valuation, and modelling tools.
• REST APIs delivering consistent JSON outputs to simplify integration with internal systems.

Pricing & Fee Structure:
Moneyhub does not publish full commercial pricing on its website. However, UK public sector pricing documents provide some visibility. Setup and configuration typically start from around £50,000, with licence and per-active-user fees applied separately. For open banking data, the fee is listed as £1.50 per active user per year under the core tier. White-label deployments include additional costs for branding and configuration.

Note for Businesses:Moneyhub’s model combines fixed setup costs with variable per-user charges, which can influence overall cost structures for firms scaling their aggregation use. Its enrichment layers and optional data modules also make it suitable for businesses that need more than basic transaction access, such as those conducting affordability checks or financial modelling.

Finexer

Best For:
UK-regulated firms that need secure, real-time access to banking data through FCA-authorised APIs for workflows like client onboarding, transaction monitoring, and payment processing.

Overview:
Finexer is a UK-focused bank data aggregation platform covering 99% of UK banks through regulated AIS and PIS APIs. It is designed for businesses that need structured banking data without managing multiple regional integrations. Its infrastructure supports both data aggregation and payment initiation, enabling firms to build compliant, end-to-end financial workflows on a single platform. Key strengths include UK regulatory alignment, full bank coverage, and rapid deployment times compared to larger, multi-region providers.

Bank Data Aggregation Highlights:

• Real-time AIS connectivity for personal and business accounts across the UK.
• Categorised and enriched transaction feeds for affordability checks, reconciliations, and reporting.
• Hosted consent pages with granular permissioning for secure customer authorisation.
• Unified AIS and PIS infrastructure supporting data access and payments together.
• Developer-friendly documentation and structured onboarding for faster integration.

Pricing & Fee Structure:
Finexer operates on a usage-based pricing model with no setup costs or fixed licensing fees. Businesses pay based on actual API usage, making it cost-efficient for firms that scale gradually. Pricing typically includes per-user or per-call charges, with volume-based discounts available for higher transaction tiers. This structure allows firms to start small without large upfront commitments while maintaining predictable scaling costs.

Note for Businesses:For regulated firms in the UK, Finexer’s pricing model and regulatory focus lower both entry barriers and compliance overhead. The combination of high bank coverage, UK-only scope, and deployment timelines that are typically 2–3 times faster than multi-region platforms makes it a practical option for businesses that need to implement aggregation capabilities efficiently.

Tink

Best For:
Businesses operating across multiple European markets that need strong bank connectivity, transaction aggregation, and enrichment features to support financial products, analytics, or onboarding workflows.

Overview:
Tink is a Stockholm-based open banking platform that provides AIS and PIS APIs with wide coverage across Europe. It focuses on enabling companies to access and standardise financial data from thousands of banks, making it suitable for pan-European aggregation use cases. Tink’s infrastructure supports both personal and business accounts, with additional services like income verification, risk insights, and financial analysis layers.

Bank Data Aggregation Highlights:

• Connectivity to over 3,400 banks and financial institutions across Europe.
• Standardised transaction feeds with categorisation and enrichment for deeper insights.
• Access to balances, historical data, and income verification data through a single API.
• Coverage includes personal and business accounts across multiple European countries.
• Additional modules support analytics, onboarding checks, and risk assessments.

Pricing & Fee Structure:
Tink follows a tiered pricing model with different packages based on features and volume. While exact rates are not publicly listed, their structure typically includes:

• Monthly platform or subscription fees for access to AIS and PIS APIs.
• Per-user or per-connection fees, depending on the number of active users or accounts.
• Tiered usage bands, where unit costs decrease as transaction volumes increase.
  Enterprise customers often negotiate custom contracts that bundle multiple services (data aggregation, payments, verification) under one plan. Startups and smaller businesses can access limited free tiers or sandbox environments before scaling up.

Note for Businesses:Tink’s strength lies in its wide European coverage and layered enrichment capabilities, which make it useful for companies operating across multiple jurisdictions. For example, fintech platforms can use Tink to collect transaction data from various countries, apply categorisation, and build affordability or risk models on top of it without managing separate regional integrations.

Modulr

Best for: Businesses that need regulated payment infrastructure combined with access to bank data for building payment flows, reconciliation processes, and embedded financial services.

Overview:
Modulr is an FCA-regulated UK platform that provides payment accounts, APIs, and access to real-time banking rails. While primarily known as a payments provider, its infrastructure also supports bank data aggregation for operational use cases such as account verification, reconciliation, and initiating payments based on live banking information.

Bank Data Aggregation Highlights:

• API connectivity to UK and European banking networks through regulated channels.
• Real-time account information for verification, reconciliation, and payment triggers.
• Modular architecture enabling businesses to integrate payments and data access within the same system.
• Strong compliance framework suitable for regulated financial services, payroll, and B2B payment platforms.
• Embedded account features that support end-to-end workflows without third-party banking integrations.

Pricing & Fee Structure:
Modulr uses a tiered and volume-based pricing model. While exact rates are not publicly listed, costs typically include setup fees, monthly platform charges, and per-transaction or per-API call fees that scale with usage. Larger customers often negotiate enterprise packages that combine data access and payment processing within one commercial agreement. Pricing varies depending on transaction volume, integration scope, and required services.

Note for Businesses:Modulr’s approach is useful for businesses that need both data access and payment capabilities in one place. For example, payroll platforms can verify accounts, retrieve live balances, and trigger payments through the same API. This combination reduces the need for separate providers for aggregation and disbursement, making it attractive for operational finance teams.

Conclusion

Choosing the right bank data aggregation tool depends on your business model, regulatory requirements, and technical capacity. While most providers offer secure access to banking data, the way they structure pricing, enrichment, and coverage can vary significantly.

Finexer stands out for its UK focus, regulatory alignment, and usage-based pricing with no setup costs, making it a strong option for firms scaling their aggregation capabilities domestically. Moneyhub brings additional enrichment layers and modular data options suited for advanced financial analysis. Tink is best positioned for pan-European coverage, while Modulr appeals to businesses looking to combine data aggregation with payment infrastructure in a single platform.

Before selecting a provider, assess your coverage needs, data depth requirements, pricing structure, and integration capacity. Taking the time to match these factors against your operational goals will help you build a reliable, scalable bank data aggregation stack that supports both compliance and business growth.