Companio Connects With Revolut Business, PayPal and Hundreds of Other Banking Solutions
Summer is here! Don’t waste valuable sunshine stressing over business banking. With our new bank integration system you can connect Companio with Revolut Business and hundreds of banking solutions. It’s quick, easy, secure, AND reliable!
We have added hundreds of new banking solutions, in 31 countries.
Take your pick from online options such as Revolut Business, Wise, N26 or stick with the traditional method and browse the most popular Estonian banks (including SEB, LHV, Luminor, Swedbank and Coop Pank). And now, we welcome Paypal into the ring too!
Not only do you get to pick and mix your banking solutions, thanks to Companio you can connect all your bank accounts and instantly see all movements in real time.
What’s Open Banking?
Open Banking is an innovative system to allow secure access to consumer banking information through a set of well-defined, reviewed, and standardized protocols through a series of API interfaces.
All players in this system (banks, financial institutions, consumers, and third-party organizations requesting access to data) agree to a common set of rules to access the information securely under the permission and control of the user.
Simply put, it is a global set of rules that allows everybody to grant authorization to third parties to access their financial data securely. Thanks to it, we are able to ask for permission to connect to your company’s bank accounts to extract your bank statements and movements solely for the purposes of doing your accounting and completing the fiscal duties of your company.
It is great news for you because you can forget about uploading your statements manually every other week while keeping full control over your data. It is also great news for us, because we can conveniently work, accessing just the information we need to know, without bothering you. Everybody wins!
What does this mean for you?
Well, having a consolidated view of all business transactions saves time and makes bank reconciliation as easy as pie!
It really is the most stress-free way to manage company finances. Companio lets you combine payments, expenses and corporate banks into ONE integrated experience.
AND with our extra security measures in place, you can rest easy and concentrate on growing your business.
Take your pick of the banks- we got them all!
Remember! These are banking solutions for your corporate bank account, so look for them in the right country 🤗 🤗 🤗
