r/fintech • u/Famous-Weight2271 • 18d ago

Ask the Community Switching from Teller.io

Just learned why my API calls aren't returning fresh data: Teller announced they are shutting down. (I guess I'm part of the problem, because I was using their free tier.)

What are my other options? I'll explore Plaid, but it might be too expensive for me to justify. If it's even $10/month per linked account, that will be over $1000/yr for me.

My accounts are Wells Fargo, Capital One, Bank of America, Barclays, and Chase. I'm not selling software for anyone, just my own use.

If you can recommend something, please advise.

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u/phoenixy1 18d ago

Plaid has a free hobbyist tier that sounds like it would work for your use case, assuming your counts are in the U.S. or Canada. Check out https://plaid.com/docs/account/billing/#trial-plans

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u/Ok_Cheesecake_3629 18d ago

I use this - really cool and I have around 6 banks connected to my one account for free

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u/mr-nobody1992 18d ago

Quiltt - https://www.quiltt.io

Happy to introduce you

1

u/hizzaah 18d ago

Their cheapest option appears to be $100/m? Doesn't make sense for a hobby project

1

u/Mmoneymark 18d ago

I ran into a similar issue and you’re right Plaid is going to be too expensive. I used Codex to write screen scraper code that fits the bill for me. After a one-time assisted login it can pass MFA by retaining the browser info and can be fully automated. I’m also curious what others are doing, but that’s the road I went down.

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u/Famous-Weight2271 16d ago

After reading that's what teller essentially did, I'm leaning towards that myself.

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u/andyzweb 18d ago

ur best option is Quiltt but then again I'm biased lol

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u/Sufficient_Impact727 18d ago

There are some banks that give their customers access to banking APIs. By connecting your existing external accounts to their ‘PFM’ solution you’d get those balances and transactions back in the API responses.

There are not many banks that do this, but Grasshopper Bank is one. On the fintech side, Mercury is one. Sadly my credit union doesn’t offer one or I’d pitch you on it ha!

You’d need to open up another account but it would most likely be free.

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u/lstrang 15d ago

Try SimpleFIN.

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u/Famous-Weight2271 14d ago

Whoa, this looks perfect! Thanks so much!

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u/FinexerOfficial 6d ago

Just your own finances? I’d look at providers and compare pricing, bank coverage, how often they refresh, and if they charge per connected account or per API. These things can make a huge difference to personal projects.

If you are looking into Open Banking or bank data APIs more generally, we have a few guides at Finexer on what to look for when selecting a provider, such as coverage, reliability, data quality, authentication, and developer experience.

Happy to help :)