Full-Time

Elixir Product Engineer

Confirmed live in the last 24 hours

Teller

Teller

11-50 employees

Provides real-time bank data via API

No salary listed

Junior, Mid

London, UK + 1 more

More locations: Miami, FL, USA

Category
FinTech Engineering
Software Engineering
Required Skills
Elixir
Erlang
Requirements
  • Experience of shipping production applications written in Elixir or Erlang
Responsibilities
  • Building dashboards
  • Building onboarding flows
  • Building billing systems
  • Building the API
  • Implementing new bank integrations

Teller provides real-time bank data through an API, allowing developers and businesses to access up-to-date financial information. Unlike competitors that use screen scraping, which can be slow and unreliable, Teller connects directly to banks using real APIs, ensuring faster and more accurate data retrieval. This service is particularly useful for fintech companies and financial institutions that need seamless integration with banking data. Teller operates on a subscription model, where clients pay for a set number of API calls each month, making it flexible for both small startups and large enterprises. The goal of Teller is to offer a reliable and scalable solution for accessing financial data, setting itself apart from others in the fintech sector.

Company Size

11-50

Company Stage

Seed

Total Funding

$4M

Headquarters

London, United Kingdom

Founded

2019

Simplify Jobs

Simplify's Take

What believers are saying

  • Embedded finance growth increases demand for Teller's API services.
  • Open banking regulations align with Teller's direct API approach, expanding market opportunities.
  • Rising demand for real-time data highlights the value of Teller's API capabilities.

What critics are saying

  • Increased competition from Plaid, expanding its comprehensive financial data solutions.
  • Regulatory scrutiny on third-party data access may lead to potential backlash from banks.
  • Banks developing proprietary APIs could reduce reliance on third-party providers like Teller.

What makes Teller unique

  • Teller uses direct API connections, ensuring faster and more accurate data retrieval.
  • Teller's API is highly reliable, addressing issues faced by screen scraping methods.
  • Teller offers a scalable subscription model catering to both startups and large enterprises.

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Benefits

Stock Options

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

4%

2 year growth

0%
Fintech Global
Jan 28th, 2020
Banking API company Teller announce new $4m seed round to take...

Venture capital Lightspeed Ventures, Founders Fund and PayPal founder Max Levchin's SciFi VC have joined forces to back banking API provider Teller’s new

TechCrunch
Jan 27th, 2020
Teller raises $4M to take on Plaid in the U.S. by providing API access to bank accounts

“They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banking in the U.K. His view back in 2017 — which now looks somewhat prophetic — was that open banking wouldn’t be the competition driver it was hyped up to […]