UK Open Banking has grown steadily, now exceeding 17 million active users. Regulatory frameworks are strengthening. The constraint has not been the technology – it has been how infrastructure was delivered.
Finexer has been featured in Business Insider Markets, covering how the company is addressing the accessibility gap that scaling SaaS platforms face when adopting Open Banking.
Early providers built for enterprise – extended procurement cycles, pricing aligned to large institutions, and integration models that assumed significant technical resources. Growth-stage platforms in accounting, ERP, payroll, and fintech were left underserved.
The piece covers how Finexer’s single API – covering real-time bank data access, account-to-account payments, and financial verification – is designed specifically for how modern SaaS platforms build: faster integration timelines, usage-based pricing, and consolidated regulatory compliance through a single FCA-authorised connection.
Read the full article: Finexer Supports Open Banking Adoption for UK Scaling SaaS Platforms – Business Insider
About the Author
The Finexer Team is a collective of fintech engineers, payments specialists, and Open Banking experts working on financial infrastructure for UK businesses. Finexer builds API-driven solutions that allow companies to access real-time bank data, initiate Pay by Bank payments, and integrate financial services directly into their products.