Finance APIs

Finance APIs

About Finance APIs

Finance APIs allow end-users a variety of service options for their accounts as well as to stay current on events and news that impact their portfolios and financial security. For example, a finance API could remotely connect them to their bank account to initiate deposits, transfers, or other transactions. Other financial APIs include stock market news and trading platforms, cryptocurrency markets, and more.

What is a Finance API?

A financial API provides a secure link from a consumer to the databases and transactional servers of the institutions with which they do business.

How does a Finance API work?

Application programming interfaces, or APIs, are the digital links between data providers and end-users. In the financial sector, security is essential as sensitive information is transferred in real-time, so only the most robust protocols are utilized to protect the data transmitted on both ends.

Who can benefit from Finance APIs?

Banks benefit from incorporating financial APIs to appease existing customers with state-of-the-art benefits and entice new clientele by offering best-in-class security measures and options for their consumers. Consumers enjoy accessing secure account information and initiating most transactions through their mobile devices and computers.

Likewise, current market rates for stocks, cryptocurrency, and more are essential for traders of all kinds. Even web developers that run financial advice sites can benefit from financial APIs by offering current information that brings visitors to their site and building brand loyalty.

Why are Finance APIs necessary?

In the not-so-distant past, all banking business required a trip to the physical branch. Trading decisions were based on newspaper statistics detailing what the market was doing on any given day. However, this antiquated way of doing things is not conducive to success in the ever-volatile and dynamic financial market.

Finance APIs provide consumers convenience, appease the need-it-now appetites of today’s society, and allow for more informed decisions based on the most accurate and current information available, many times updated by the minute.

What can you expect from a Finance API?

With technology advancing by the minute, developers need software and APIs that stay a step ahead of those looking to exploit it. Finance APIs need to utilize the most advanced protocols necessary to protect the sensitive information sent every second. Therefore, not only should consumers be able to depend on real-time transactions and market statistics, but they should be confident that none of their data can be intercepted or corrupted during the flow from inquiry to end-point.

Are there examples of free Finance APIs?

  1. Yahoo Finance
  2. Alpha Vantage
  3. Currency Converter
  4. Live Metal Prices
  5. Latest Stock Price
  6. Stock Market Data
  7. Coinranking
  8. Fidelity Investments

Finance API SDKs

All Finance APIs are supported and made available in multiple developer programming languages and SDKs including:

  1. Node.js
  2. PHP
  3. Python
  4. Ruby
  5. Objective-C
  6. Java (Android)
  7. C# (.NET)
  8. cURL

Just select your preference from any API endpoints page.

Sign up today for free on RapidAPI to begin using Finance APIs!