Questions

Is there existing research on the pricing of #FinTech API's?

I'm looking for information on what #FinTech companies, and non fintech companies, charge for access to their API's? Also looking for examples of companies with API's that *pay* developers to use their API's, and how much they pay those developers for lead generation.

2answers

I don't think there's a best practice, similar to how much you should charge for your B2B SaaS company, cause it really depends on the market size, cost to deliver, and perceived monetary value you're offering via your API.

That being said, the way I've baselined any pricing for my products has been to look at 100 companies that share similar customers and pricing model and either look on their website or email their sales team and ask directly.

Even if you get 10% response that's enough to get you started.


Answered 7 years ago

Open APIs would allow third-party developers to create helpful services and tools that customers can utilize. Now that every now and then they are narrowing down on new start-ups to partner, they need to make available their banking APIs that the start-ups can integrate with and/or use for their applications. The API offers features like next day funding, certified PCI level 1, patented tokenization, recurring billing, online bill presentment, hosted payment page and fraud protection as well.
You can read more here: https://gomedici.com/the-most-important-thing-in-fintech-advent-of-apis-and-banking-apis-are-real-too/
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath


Answered 5 days ago

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