Mastercard Open Banking (formerly Finicity) vs Powens (formerly Budget Insight): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Powens (formerly Budget Insight) has the broader connectivity footprint (44 vs 6 countries of bank coverage), and they overlap on 4 shared markets. Mastercard Open Banking (formerly Finicity) is headquartered in US, while Powens (formerly Budget Insight) is based in FR.
Mastercard Open Banking (formerly Finicity) vs Powens (formerly Budget Insight) at a glance
| Mastercard Open Banking (formerly Finicity) | Powens (formerly Budget Insight) | |
|---|---|---|
| Headquarters | US | FR |
| Market focus | Multi-region | Multi-region |
| Countries covered | 6 | 44 |
| Institutions tracked | 4,351 | 116 |
| Account data (AIS) | ||
| Payments (PIS) | — | |
| Verification | ||
| Regulated | US | ACPR (France), Bank of Spain |
| Sandbox | ||
| Pricing model | Custom / enterprise quote | Custom / enterprise quote |
| Free production tier | — | — |
| Developer portal | ||
| Sources | ||
| View Mastercard Open Banking (formerly Finicity) | View Powens (formerly Budget Insight) |
Mastercard Open Banking (formerly Finicity) vs Powens (formerly Budget Insight): bank coverage overlap
Mastercard Open Banking (formerly Finicity) and Powens (formerly Budget Insight) share 4 markets where both connect to banks. Mastercard Open Banking (formerly Finicity) additionally reaches 2 markets Powens (formerly Budget Insight) does not (NG, PR), while Powens (formerly Budget Insight) reaches 40 markets Mastercard Open Banking (formerly Finicity) does not (AL, BE, BG, BR, CH, CY, CZ, DE…).
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 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
Choose Powens (formerly Budget Insight) if…
- you need the widest country coverage (44 markets)
- you prefer a provider headquartered in France
Frequently asked questions
What is the difference between Mastercard Open Banking (formerly Finicity) and Powens (formerly Budget Insight)?
Mastercard Open Banking (formerly Finicity) vs Powens (formerly Budget Insight): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Powens (formerly Budget Insight) has the broader connectivity footprint (44 vs 6 countries of bank coverage), and they overlap on 4 shared markets. Mastercard Open Banking (formerly Finicity) is headquartered in US, while Powens (formerly Budget Insight) is based in FR.
Which has wider bank coverage, Mastercard Open Banking (formerly Finicity) or Powens (formerly Budget Insight)?
Powens (formerly Budget Insight) has wider coverage, reaching 44 countries versus 6 for Mastercard Open Banking (formerly Finicity). They overlap on 4 shared markets.
Can I use both Mastercard Open Banking (formerly Finicity) and Powens (formerly Budget Insight)?
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 Mastercard Open Banking (formerly Finicity) and Powens (formerly Budget Insight) expose account information (AIS) and payment initiation (PIS) APIs that can run in parallel.