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APIs · head to head

Neonomics vs Skyflow

Neonomics logo

Neonomics

APIs

Nordic open banking payments and data, now with UK coverage through Ordo

From
On request
Rated
-
Full reviewWebsite
Skyflow logo

Skyflow

APIs

Data privacy vault that holds sensitive records outside your own systems

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Neonomics coverage outside the Nordics and the UK is comparatively shallow, so a pan European merchant will find gaps and inconsistent bank behaviour in southern and eastern markets.; Skyflow reported contracts near 195,000 US dollars a year with a platform fee before usage put this out of reach of early stage companies, which are precisely the ones whose architecture is still cheap to change.
  • They diverge on capability: Neonomics covers Payment initiation, Skyflow covers Tokenised storage.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Neonomics and Skyflow actually diverge.

Attributes where Neonomics and Skyflow differ
AttributeNeonomicsSkyflow
PlatformsWeb, APIAPI, Web, Self-hosted

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Neonomics

  • Payment initiation
  • Account information
  • Nordic bank depth
  • UK coverage via Ordo
  • Variable recurring payments
  • Request to pay
  • White label journeys
  • Reconciliation data

Only in Skyflow

  • Tokenised storage
  • Polymorphic encryption
  • Field level access policies
  • Data residency
  • Secure functions
  • PCI scope reduction
  • Detokenisation gateway
  • Audit trail

What people use each for

The jobs each tool is most often brought in to do.

Neonomics

  • A Norwegian or Swedish merchant collecting payments directly from bank accounts to avoid card feesnot Skyflow
  • A debt collection agency sending request to pay messages instead of chasing bank transfers manuallynot Skyflow
  • A software vendor embedding pay by bank into an accounting or invoicing product for Nordic customersnot Skyflow
  • A business needing both UK and Nordic bank payment coverage from one suppliernot Skyflow

Skyflow

  • A fintech that wants card and bank account data out of its own infrastructure so its application servers leave PCI DSS assessment scopenot Neonomics
  • A company entering India or the EU with data localisation obligations that would otherwise require standing up regional databases and operationsnot Neonomics
  • A health technology business that needs protected health information isolated from the analytics stack while still supporting aggregate reportingnot Neonomics
  • An engineering team that wants support agents to see masked identifiers and payment services to see real ones, enforced centrally rather than in every servicenot Neonomics

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Neonomics

  • Coverage outside the Nordics and the UK is comparatively shallow, so a pan European merchant will find gaps and inconsistent bank behaviour in southern and eastern markets.
  • It is a small company relative to Tink and TrueLayer, so supplier viability and the depth of engineering support behind bank API changes are genuine procurement questions.
  • Payment initiation only means the merchant handles settlement, reconciliation and refunds, and there is no chargeback framework to fall back on.
  • Integrating a recently acquired UK business means two regulatory entities and, for a period, two technology stacks, so cross market feature parity is a promise rather than an existing state.
  • Conversion is governed by each bank's own authentication experience, and Nordic BankID flows behave differently from UK app redirects, so a single UX cannot be assumed across the footprint.

Skyflow

  • Reported contracts near 195,000 US dollars a year with a platform fee before usage put this out of reach of early stage companies, which are precisely the ones whose architecture is still cheap to change.
  • Every read of a protected field becomes a network call to a third party, so latency and an external availability dependency enter paths that were previously local database reads, and outage planning has to account for a vendor you do not control.
  • Analytics and joins on vaulted data are constrained; work that was a simple SQL join now happens through secure functions or on tokens, and data teams routinely discover this after the engineering team has committed.
  • Unwinding the vault later is a rewrite rather than a migration because tokens are threaded through every service, so the switching cost climbs steadily and the negotiating position at renewal weakens with each release.
  • Scope reduction is an architectural claim your own assessor must accept, so the audit saving is real only if the implementation genuinely keeps sensitive values off your systems, and partial implementations that leave a cache or a log line in place deliver the cost without the benefit.

Pricing, plan by plan

Neonomics

On request
  • Neonomics platform$undefined/year
    • Quoted per customer, typically per initiated payment or per API call
    • Volume commitments and monthly minimums are common
    • Payment initiation only; merchant handles settlement and refunds

Skyflow

On request
  • Skyflow Data Privacy Vault$undefined/year
    • Platform fee plus usage by data subject count
    • Priced additionally per data residency region
    • PCI Level 1, SOC 2 Type 2, ISO 27001 and HIPAA coverage

Which should you pick?

Choose Neonomics if

  • You need payment initiation.
  • You work on Web, API.
  • You also want account information.
Neonomics review

Choose Skyflow if

  • You need tokenised storage.
  • You work on API, Web, Self-hosted.
  • You also want polymorphic encryption.
Skyflow review

Questions people ask

Is Neonomics or Skyflow better?
Neither clearly leads. Neonomics starts at On request and Skyflow at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Neonomics or Skyflow?
Neonomics starts at On request and Skyflow at On request.
Does Neonomics or Skyflow run on more platforms?
Neonomics runs on Web, API. Skyflow runs on API, Web, Self-hosted.
What is Neonomics best used for?
Neonomics is most often used for a norwegian or swedish merchant collecting payments directly from bank accounts to avoid card fees, a debt collection agency sending request to pay messages instead of chasing bank transfers manually, a software vendor embedding pay by bank into an accounting or invoicing product for nordic customers, a business needing both uk and nordic bank payment coverage from one supplier. Of those, a norwegian or swedish merchant collecting payments directly from bank accounts to avoid card fees and a debt collection agency sending request to pay messages instead of chasing bank transfers manually are not what Skyflow is typically brought in for.
What can Neonomics do that Skyflow cannot?
Neonomics covers Payment initiation, Account information, Nordic bank depth, UK coverage via Ordo. Skyflow covers Tokenised storage, Polymorphic encryption, Field level access policies, Data residency.

Answered from the vendors’ own pages

Neonomics: Is Neonomics authorised in the UK?

Yes, through the acquisition of Ordo, an FCA authorised open banking payments firm, approved by the FCA and the Norwegian regulator.

Skyflow: Does Skyflow really take my systems out of PCI scope?

It can, if card data never touches your infrastructure and the detokenisation happens at the boundary. Your QSA has to agree the design, so validate the architecture with your assessor before signing.

Neonomics: Does it support variable recurring payments?

Yes in the UK through the Ordo capability, subject to which banks support commercial VRP; support elsewhere is more limited.

Skyflow: What does it cost?

Nothing is published. Reported annual contracts sit around 195,000 US dollars, built from a platform fee plus usage by data subject count and additional charges per data residency region.

Neonomics: Does Neonomics hold merchant funds?

No. It initiates payments; settlement, reconciliation and refunds remain with the merchant or its payment provider.

Skyflow: How does it help with data localisation?

Records can be pinned to a specified region, so an Indian or EU residency requirement is met by the vault rather than by you running regional databases and operations teams.

Skyflow: Can I still run analytics on vaulted data?

Partly. Aggregates and comparisons are supported through polymorphic encryption and secure functions, but arbitrary joins against other datasets are harder than they were, and this is the most common late surprise.

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