BankiFi Fees & Pricing: What Financial Institutions Needs to know in 2025

If you’re a UK business evaluating BankiFi’s SME-focused platform, pricing clarity is likely one of your biggest concerns. Fintech builders, UK banks, and Open Banking product leads alike are all asking the same thing in 2025: how much does BankiFi really cost, and is it worth the overhead?

BankiFi offers embedded finance tools tailored to help small businesses get paid faster, manage cash flow, and automate invoice-related processes, all integrated within a bank or fintech’s existing interface. From Request to Pay (RTP) functionality to real-time transaction visibility, the platform focuses on powering SME banking journeys rather than standalone APIs.

But here’s the challenge: BankiFi doesn’t publish its pricing. Most businesses don’t know what they’ll actually be paying until they engage in a full sales process. That creates friction for product teams trying to model costs, compare vendors, or scope integration timelines early on.

To save you time and guesswork, we’ve compiled everything UK businesses need to know about BankiFi pricing, backed by industry insights, partner reports, and benchmarking against similar providers. If you’re scoping a bank integration, exploring SME finance tools, or benchmarking providers, this guide gives you a realistic view of what BankiFi may cost and what’s often left out of early conversations.

What Does BankiFi Offer?

BankiFi isn’t your typical Open Banking provider. Instead of offering generic payment APIs or account data aggregation, it delivers modular financial tools built specifically for small business banking and designed to be embedded directly within banks, fintech apps, or accounting platforms.

At its core, BankiFi provides a Request to Pay (RTP) infrastructure, allowing small businesses to send digital payment requests via email, SMS, or bank channels. But it extends far beyond RTP, offering features that support invoice management, cash flow tracking, and real-time transaction visibility. The platform’s architecture is geared toward banks and fintechs looking to offer white-labelled financial workflows to SMEs, not just basic payments.

Here’s a breakdown of what BankiFi typically provides:

Core Capabilities

• Request to Pay
  Enables SMEs to send structured payment requests with automated reminders, reducing late payments and manual chasing.
• Invoice Automation
  Imports invoices, matches payments, and updates statuses automatically, streamlining back-office accounting for end users.
• Cash Flow Monitoring
  Real-time visibility into expected receivables, upcoming bills, and account balances across linked bank accounts.
• Multi-Bank Integration
  Allows SMEs to connect multiple accounts, offering a centralised view of their financial position.
• Embedded UX
  All features are designed to sit within the provider’s existing environment, be it a banking app, SME platform, or ERP system.

BankiFi Pricing (What We Know)

One of the most common frustrations among UK fintech teams and SME platforms evaluating BankiFi is the absence of transparent pricing. As of 2025, BankiFi does not publish any fee structure on its website. Instead, pricing is typically handled through custom agreements with banks, fintech partners, or licensed institutions.

Still, based on industry reports, partnership case studies (such as Co-operative Bank and TSB), and pricing patterns across similar embedded finance platforms, we can outline the likely structure of BankiFi’s fees, particularly for platforms planning to integrate or resell its services.

BankiFi’s pricing tends to fall under a platform-as-a-service model, where fees are applied based on usage volume, number of SMEs onboarded, or the specific services activated (like Request to Pay or cash flow monitoring).

Common Fee Categories to Expect:

• Platform Access / Licence Fee
  Often charged as a fixed monthly or annual fee for access to the core platform and APIs. This may include a minimum user or transaction threshold.
• Per-SME Onboarding Charges
  Some providers charge a fee per business user provisioned through the BankiFi platform, especially if invoicing and RTP tools are enabled.
• RTP Transaction-Based Fees
  For every payment request sent, a per-call or per-instruction fee may apply. This is common in embedded RTP flows with automated reminders.
• Custom Integration & Branding Costs
  For white-labelled deployments or embedded journeys that require deeper UI control or co-branding, upfront integration fees may be charged.
• Support, Reporting, and Maintenance Add-Ons
  Additional costs may apply for data exports, analytics dashboards, SLA-driven support, or customer service tooling.

Keep in mind: while these costs are typical for enterprise-level financial platforms, the total investment can vary significantly depending on your delivery model, scale, and use case.

Common Cost Factors to Consider

Even though BankiFi’s pricing isn’t published, many UK businesses evaluating the platform encounter similar patterns when it comes to operational and recurring costs. These fees can vary depending on implementation depth, user volume, feature activation, and support requirements, especially in white-labelled or bank-integrated deployments.

Here’s a breakdown of common cost areas based on market benchmarks and what we’ve seen in similar embedded finance or request-to-pay platforms:

Cost Type	Estimated Range*	Context
Platform onboarding	£2,000 – £10,000 (one-time)	For integration, branding, and environment setup with your banking/fintech stack.
Per SME onboarded	£0.50 – £2.00 per business/month	Ongoing cost tied to the number of SME users accessing invoice and RTP tools.
RTP API usage fees	£0.05 – £0.25 per payment request	Triggered whenever a Request to Pay is sent through the platform.
Reporting and analytics	£100 – £500/month	Optional add-ons for BI dashboards, CSV exports, and cash flow insights.
Maintenance and SLA support	Custom / Based on contract	Depends on your support level and whether dedicated service is required.

Note: These figures are based on similar enterprise platforms in the embedded finance space and should be treated as directional only.

How Finexer Helps UK Businesses

Feature	Finexer Advantage
Flat, Usage-Based Pricing	Transparent, predictable fees with no tiered surprises.
No Setup or Cancellation Fees	Start and stop anytime — no lock-ins or hidden clauses.
Go Live in Days	Quick deployment with clear docs and no-code options.
Real-Time Bank Settlements	Payments settle instantly between UK accounts.
Unified API for Data + Payments	One integration handles both financial insights and fund movement.
99% UK Bank Coverage	Works with nearly every SME and personal bank account.
FCA-Compliant Infrastructure	Fully authorised and built for the UK regulatory environment.