Streamline AP/AR reconciliation by connecting all your customers’ banks and PSP wallets with instant data access. Take it to the next level with white-label accounts & embedded payments.
Deliver reconciliation automation right away with Open Banking. In one click, our API retrieves 3 months+ of historical transactions from more than 1800 banks across Europe
Accurate cash management saves SMEs from bankruptcy. With real-time bank connection & automated supplier payments, deploy live cash scenarios easily.
AP/AR reconciliation can quickly turn into a nightmare for SMEs. With Virtual IBANs and SDD for collections and bulk payments for supplier invoices, Powens elegantly solves this pain.
With real-time transactions sync and embedded payments, manual reconciliation is reduced drastically
Avoid users to switch between your software and bank apps or payment portals. Keep them at home, always.
Start generating additional revenue with embedded accounts and explore new geographies with a single API that covers 12 European countries.
“We use Powens to synchronize banking transactions flow in real-time. Through this synchronization, our solution performs a bank reconciliation between invoices and transactions of our customers. And that’s not all: access to bank data has enabled us to create a cash management tool which automatically categorizes expenses”
Jean-Pierre Ocalan Co-founder & CTO
We sync 350,000+ business bank accounts and payment wallets of more than 200k SMEs across Europe. That’s 20M bank transactions processed every month.
Powens’ unique approach delivers bank connectivity and embedded payments in a single solution – and saves months of integration resources.
Our 300+ customers include both high-growth startups such as Qonto & Pennylane, and established leaders such as Wolters Kluwer or RCA.
Powens combines instant bank and PSP connectivity with embedded payment accounts to automate the full AP/AR workflow: instant bank reconciliation from 1,800+ sources, real-time cash management with daily bank sync, and embedded pay-ins (Direct Debit, Pay by Bank) and pay-outs (Instant Transfers) — all linked to Virtual IBANs for automatic reconciliation.
The solution includes Business Transactions, Business Wealth & Loans, Accounts & Virtual IBANs, Instant Transfers, Direct Debit, Pay by Bank, plus add-ons including Business Bank Statements (official bank statements in PDF), Business Transactions Categorisation, and Pay by Card (via partner PayNoPain).
Through Open Banking, Powens retrieves 3+ months of historical transactions from 1,800+ banks and PSPs in one click. Combined with Virtual IBANs for collections and tracked payment methods, incoming and outgoing payments are easily matched to invoices — eliminating manual reconciliation.
The solution includes no-percentage-fee payment methods: Direct Debit for recurring collections, Pay by Bank for sales invoice payments, Instant Transfers for supplier payments (under 10 seconds), and Virtual IBANs for automatic reconciliation. Bulk payment capabilities are also available for both Pay by Bank and Instant Transfers.
Powens syncs 350,000+ business bank accounts and payment wallets of more than 200k SMEs across Europe, processing 200M bank transactions monthly. It is the number one Open Banking provider across all geographies for accounting and finance SaaS, powering leaders like Qonto, Pennylane and Wolters Kluwer.
Yes. With a single API covering 1,800+ banks in 12+ countries for data aggregation and the entire SEPA area for payments, accounting platforms can expand to new European geographies without additional integration work. Bank coverage was cited by Qonto as a key factor in choosing Powens for their multi-country operations.