Traditional SME bank connectivity provides data on collections and expenses, but not on debt & financial assets. Powens’ Business Wealth & Loans solves this.
Assess debt accurately with outstanding capital, interest rates, monthly repayments and more.
Real-time view on SME’s excess treasury investments, with detailed data on asset portfolios.
Retrieve recurring deposits on savings & investment accounts with 12 months history.
Ready-to-use widgets for bank selection and authentication. Data deduplication. Admin dashboards.
Provide instant bank connectivity across Europe with Open Banking. Features historical data and 6-month live syncs.
Offers unified instant bank connectivity to 600k European SMEs
Save customers days of backoffice work by automating rent scoring & collection, property expense payments and accounting.
Offers bank account sync to 11,000+ property managers
Prompt the Powens connection
The user logs in with its bank and consents to account access
Our API sends you the data and widget to your user updates it periodically
“France, Spain, Italy and Germany: each country has its own specific banking integration needs, and when we wanted to aggregate accounts from other banks, we had to consider these local specifics”
Our average connection success rate is >98% on Tier A banks and we commit to a minimum of 95%. Our connection widget provides up to 80% completion rate.
Customers record that we have~2x less connectivity outages than competitors running in parallel. Our enterprise customer service is also praised for its responsiveness and expertise.
With 100+ customers in accounting, cash management, expense management and more, Powens has continuously invested for business SaaS. That’s why we provide PSP connectivity, specific SME cash balances, etc
Business Wealth & Loans fills a gap in traditional SME bank connectivity, which typically only covers collections and expenses. This product adds visibility on business debt (outstanding loans) and financial assets (treasury investments), enabling more complete accounting, cashflow automation and financial analysis for SMEs.
It syncs current business loans with detailed data including outstanding capital, interest rates, monthly repayment schedules and more. This allows accounting and finance platforms to give SMEs an accurate view of their total debt exposure.
The product provides a real-time view of SMEs’ excess treasury investments, with detailed data on asset portfolios. It also retrieves recurring deposits on savings and investment accounts with 12 months of history.
Powens currently syncs over 5 Bn€ in total business assets and over 6 Bn€ in total business debt through connections to 200+ top banks and investment platforms.
Accounting, invoicing and cash management platforms benefit the most, as it enables them to offer complete financial oversight including debt and assets — not just transactions. It is also used in lending (to assess SME financial health) and property management (for comprehensive financial tracking of property companies).
Yes. Combining Business Transactions (for bank and PSP account activity) with Business Wealth & Loans (for debt and treasury) provides a complete 360° view of an SME’s financial situation. This is the foundation of Powens’ Accounting, Invoicing & Cash Management solution.