Neonomics Pricing Analysis: Is It Worth Your Money in 2025?

Neonomics promises a modern, API-first approach to payments and data aggregation, with coverage across Europe and Open Banking compliance at its core. But for UK businesses evaluating Open Banking providers, the cost structure remains a grey area. There’s no public pricing page, and bespoke quotes are only shared after a demo or sales conversation.

This lack of transparency makes it hard for finance leads and product teams to model payment costs or compare alternatives fairly.

To help clarify, this guide breaks down the three main cost categories typically associated with Neonomics.

We’ve pulled data from:

• Verified user feedback on public review forums
• Developer forums discussing API cost thresholds
• Pricing disclosures from comparable Open Banking providers in the EU and UK

Our goal? To help you build a realistic forecast of what you’ll pay and when costs may sneak up.

1. Per-Transaction Charges

Neonomics offers Open Banking-powered payment initiation and data aggregation APIs. While it doesn’t list fixed prices publicly, real-world reports and partner documentation suggest a usage-based billing model that varies by volume and feature tier.

For payment initiation (PIS), the per-call charge typically falls into this range:

Use Case	Observed Pricing Band*
Single domestic payment	£0.10 – £0.30 per transaction
Bulk or batch payment API calls	£0.20 – £0.40 per transaction
Data aggregation (AIS/API per user/month)	£0.05 – £0.15 per user/month

Why these numbers matter

• Volume thresholds can raise your rate: Neonomics applies tiered pricing. If your business processes fewer than 10,000 transactions per month, expect to be quoted at the higher end of the pricing band.
• Dual API usage adds up: If you’re using both payment initiation (PIS) and data aggregation (AIS) APIs, charges are applied separately. This means total costs may increase if your platform requires both capabilities.
• Unexpected API call spikes: During onboarding or account refresh cycles, the number of API calls can spike. If your billing is event-based, these spikes could increase your monthly invoice unless capped or optimised.

2. Currency and Cross-Border Payment Costs

Neonomics pricing includes optional support for cross-border payments and multi-currency processing, which can be useful for platforms operating across the UK and EU. However, like most providers operating in this space, currency conversion isn’t free and the cost breakdown is rarely transparent upfront.

Based on partner documentation and user feedback, here are the three common areas where FX-related costs may show up in your Neonomics pricing agreement:

FX-Related Charge	Typical Range*	Where It Appears
Card scheme or bank network cross-border fee	0.50% – 1.00%	Applied when payer’s bank is outside the UK
FX mark-up on conversions	1.5% – 2.5% above interbank	Applied to currency conversions (e.g., EUR to GBP)
Partner bank or processor DCC charges	2.5% – 4.0%	Optional, typically passed to the payer

Why it matters

• Hidden FX costs reduce net revenue: Even if you quote in GBP, processing payments from non-UK accounts may involve behind-the-scenes conversion costs that eat into your margin.
• FX rate volatility: Unlike flat transaction fees, currency conversion rates fluctuate daily. This adds unpredictability to Neonomics pricing, especially for platforms with frequent EUR or USD inflows.
• Double cost on refunds: If a cross-border payment is refunded, you may lose the original FX spread again, potentially at a worse rate, on top of other reversal costs.

3. Overheads and Add-On Costs in Neonomics Pricing

Even when per-transaction rates look competitive, it’s the operational overheads that can tip the scales. Neonomics pricing is usage-based, but a few recurring costs often go unnoticed until after implementation, especially for startups or platforms with lean teams.

Based on integration documentation and feedback from partner platforms, here are the hidden costs to factor in:

• API Maintenance and Upgrades
  While Neonomics provides clean documentation, your team still needs to budget for integration, SDK updates, and ongoing maintenance, especially during version rollouts or regulatory changes. Agencies and in-house teams report spending £2,000–£4,000 per year just keeping payment and data APIs in sync.
• Customisation and UI Layering
  If you need to layer Neonomics APIs into a branded checkout flow or custom onboarding experience, front-end dev time and testing cycles can rack up. These aren’t part of the Neonomics pricing itself, but they’re real costs nonetheless.
• Support for Edge Cases and Bank Errors
  Occasionally, transactions fail due to user permission errors, unsupported banks, or expired session tokens. In these situations, Neonomics requires you to manage the customer-side troubleshooting, unless you’re working through a platform partner who absorbs that.
• Monthly Reporting and Dashboard Access
  While basic logs and transaction data are included, some businesses opt to build a reporting dashboard or purchase a third-party tool for reconciling Neonomics data with internal systems. Expect £50–£100/month if you’re not building your own.

An Affordable Alternative to Neonomics Pricing Complexities

Running into hidden fees, unpredictable FX spreads, or costly technical overhead with your Open Banking provider? You’re not alone. While Neonomics pricing works for some, many teams find that costs creep beyond what was initially scoped, especially as they scale.

Finexer was built to change that.

Whether you’re managing payouts, high-volume collections, or automating payment workflows, Finexer gives you clarity, control, and predictability over your entire payment infrastructure. No percentage-based cuts, no settlement delays, and no opaque pricing clauses.

Here’s why finance and product teams are switching to Finexer:

1. Fixed, Usage-Based Pricing
   No unpredictable tiering or fluctuating API call charges. Finexer uses a transparent, flat-fee model based on usage, not volume commitments.
2. Instant Bank Settlement
   Your money shouldn’t sit in limbo. With Finexer, most payments settle in under 60 seconds between UK accounts, boosting liquidity and speed.
3. No Chargebacks, No Disputes
   Since all payments are bank-authorised, there are no chargebacks or fraud-related clawbacks, giving you peace of mind.
4. All Features Included from Day One
   You get everything upfront: batch payments, payment links, real-time status updates, audit trails, and full bank connectivity at no extra cost.
5. Zero Setup, Onboarding, or Cancellation Fees
   You can get started without any upfront cost. And if your needs change, there’s no penalty or lock-in.
6. Live in Days, Not Months
   Finexer’s simple API and no-code dashboard help teams go live 2–3x faster than most UK Open Banking providers.
7. Purpose-Built for UK Compliance
   Finexer is authorised for the UK market, connects to 99% of UK banks, and handles the regulatory legwork, so you can focus on growing your business, not chasing compliance updates.

What Businesses Are Saying About Finexer

“Finexer is easy to work with and flexible in their approach, providing the bespoke services we required alongside a viable commercial package. Finexer has proven to be more than a provider, they’re a trusted partner who understands our vision and helps us achieve it.”
— David, CEO, VSiD

“We’re able to offer Payello users the ability to accept open banking payments for their business, offering a faster, more secure and cost-effective alternative to traditional card payments. Beyond payments, Finexer’s capabilities enable us to provide enhanced reporting and reconciliation tools, using banking data to streamline financial management via the Payello platform.”
— Ben, CEO, Payello