Side by side
Griffin vs Mbanq Cloud
Both stand on banking-as-a-service platforms. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Free plan APIWeb
Griffin offers account, payment, and onboarding infrastructure through APIs, with a free sandbox for testing. Its stated eligibility criteria and listed fees are important considerations for prospective applicants.
Visit Griffin
Free trial AndroidAPIiPhone+1
Mbanq Cloud combines banking operations, compliance capabilities, payment rails, and mobile applications in a platform Mbanq operates. Pricing is pay as you grow, but the listed facts do not give a price.
Visit Mbanq CloudThe facts
| Griffin | Mbanq Cloud | |
|---|---|---|
| Free plan | Yes | Not published |
| Open source | Not published | No |
| Runs on | API, Web | Android, API, iPhone, Web |
| Lowest paid plan | Business bank accounts: £100 a month | Free or on request |
| Plans published | 4 | 1 |
| Maker | Not published | Not published |
| Website | griffin.com | mbanq.com |
| On banking-as-a-service platforms | #1 of 31 | #5 of 31 |
Griffin: what it does well
- Offers Faster Payments and instant internal transfers.
- Verify automates KYC and KYB checks.
- Free API sandbox requires no fees or NDA.
- States that data is encrypted at rest and in transit.
What to know first
- Business accounts start at £100 per month.
- Platform banking package is £10,000 per month.
- Onboarding starts at £15,000 one-off.
- API requests are limited to 50 concurrent in-flight requests per organization.
Mbanq Cloud: what it does well
- Includes core banking and a ledger.
- Lists ACH, Fedwire, SWIFT, RTP, and card rails.
- Offers REST and GraphQL APIs.
- Includes KYC and KYB capabilities.
- Infrastructure and operational costs are included in the pay-as-you-grow model.
What to know first
- Pricing is on request; no amount is listed.
- Mobile apps are listed for iOS and Android only.
Alternatives to Griffin Alternatives to Mbanq Cloud The whole list