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Overview
Powens is a Paris company founded in 2012 under the name Budget Insight and specialised in open banking. Its platform aggregates bank accounts, enriches transaction data and initiates payments for banks, fintechs and software vendors. It is one of the largest European aggregators with connections to thousands of financial institutions.
News
Everything about mandatory B2B electronic invoicing in Spain
(Published 8 February 2024. Updated 18 August 2026) New electronic invoicing regulation is under way for Spanish businesses, though the road to get there has been longer, and slower, than first announced. Law 18/2022 (first approved in September 2022) out
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All About the B2B E-Invoicing Mandate in France: A Complete Guide
(Originally published in October 2024 and updated in August 2026) The EU-wide push toward e-invoicing began with Directive 2014/55/EU, which set the technical standard (EN 16931) for electronic invoicing and made it mandatory for business-to-government (B
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Bulk payments in Europe: From bank files to Open Banking driven transfers
At a glance: Credit transfers across the euro area rose to 15.7 billion in the first half of a single year alone, up 7.7% year over year, and the volume keeps climbing. A growing share of that volume is payroll runs, supplier payments, marketplace payouts
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Pay by Bank and How it Compares to Other Payment Methods
In 2024, the European B2B payments market was valued at more than USD 509 billion and is expected to reach more than 1.1 trillion by 2033, making it one of the biggest payment segments on the continent. Meanwhile, in the EU and SEPA region, regulators con
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Powens and Formance Announce Strategic Partnership
Integration brings direct bank connectivity to 2,000+ European banks, enabling automated reconciliation and real-time financial data synchronization for sophisticated financial applications Delivering Seamless Bank Connectivity Across Europe This collabor
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