Tell Money offers a fintech platform that leverages Open Banking technology to securely aggregate financial data from multiple bank accounts. This enables users to achieve greater financial transparency and improve their financial management by accessing all their account information in one centralized location.
Funding
$26.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Banks, fintechs, and payment providers face challenges in meeting PSD2 compliance, securing payment transactions, and enabling consumers to manage their finances effectively. Existing solutions can be complex, costly, and may not provide comprehensive API monitoring and testing.
Solution
Tell Money offers a platform designed to simplify open banking compliance, enhance transaction security, and provide innovative consumer tools. The platform provides dedicated interface APIs for account providers to achieve and maintain PSD2 compliance, along with Confirmation of Payee (CoP) services to secure inbound and outbound transactions. Tell Money also offers continuous API testing and monitoring to ensure conformance and performance, as well as tools enabling consumers to manage their finances more effectively.
Target Audience
The primary target audience includes banks, fintechs, and payment providers seeking to comply with open banking regulations, secure payment transactions, and offer innovative financial management tools to their customers.
Features
- **tell.gateway:** Dedicated interface APIs for PSD2 compliance, offering rapid integration and fully managed options.
- **tell.confirm:** Confirmation of Payee (CoP) service to secure transactions.
- **tell.heartbeat:** API monitoring and testing to ensure conformance and performance.
- **tell.life:** Tools for consumers to manage their finances, integrating financial data with digital calendars.
- API-based, peer-to-peer service for payment verification.
- Real-time alerts for API performance monitoring.