enable:Banking vs Mastercard Open Banking (formerly Finicity): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). enable:Banking has the broader connectivity footprint (41 vs 6 countries of bank coverage), and they overlap on 3 shared markets. enable:Banking is headquartered in FI, while Mastercard Open Banking (formerly Finicity) is based in US.
enable:Banking vs Mastercard Open Banking (formerly Finicity) at a glance
| enable:Banking | Mastercard Open Banking (formerly Finicity) | |
|---|---|---|
| Headquarters | FI | US |
| Market focus | Multi-region | Multi-region |
| Countries covered | 41 | 6 |
| Institutions tracked | 108 | 4,351 |
| Account data (AIS) | ||
| Payments (PIS) | — | |
| Verification | ||
| Regulated | — | US |
| Sandbox | ||
| Pricing model | Volume-based (per account accessed / payment), monthly minimum | Custom / enterprise quote |
| Free production tier | — | — |
| Developer portal | ||
| Sources | ||
| View enable:Banking | View Mastercard Open Banking (formerly Finicity) |
enable:Banking vs Mastercard Open Banking (formerly Finicity): bank coverage overlap
enable:Banking and Mastercard Open Banking (formerly Finicity) share 3 markets where both connect to banks. enable:Banking additionally reaches 38 markets Mastercard Open Banking (formerly Finicity) does not (AX, BE, BG, CH, CY, CZ, DE, DK…), while Mastercard Open Banking (formerly Finicity) reaches 3 markets enable:Banking does not (NG, PR, US).
Coverage figures are derived from verified per-bank connectivity data tracked on Open Banking Tracker, not provider marketing claims. See the coverage explorer for the full breakdown by continent.
Choose enable:Banking if…
- you need the widest country coverage (41 markets)
- you prefer a provider headquartered in Finland
Choose Mastercard Open Banking (formerly Finicity) if…
- you want the largest number of connected institutions (4,351)
- you prefer a provider headquartered in the United States
Frequently asked questions
What is the difference between enable:Banking and Mastercard Open Banking (formerly Finicity)?
enable:Banking vs Mastercard Open Banking (formerly Finicity): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). enable:Banking has the broader connectivity footprint (41 vs 6 countries of bank coverage), and they overlap on 3 shared markets. enable:Banking is headquartered in FI, while Mastercard Open Banking (formerly Finicity) is based in US.
Which has wider bank coverage, enable:Banking or Mastercard Open Banking (formerly Finicity)?
enable:Banking has wider coverage, reaching 41 countries versus 6 for Mastercard Open Banking (formerly Finicity). They overlap on 3 shared markets.
Can I use both enable:Banking and Mastercard Open Banking (formerly Finicity)?
Yes. Many teams use more than one open banking aggregator — for example one for its strongest region and another for fallback coverage or specific institutions. Both enable:Banking and Mastercard Open Banking (formerly Finicity) expose account information (AIS) and payment initiation (PIS) APIs that can run in parallel.