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SPECIFICTION
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Basiq vs Brankas

Basiq

basiq.io

Brankas

brankas.com

Side by side

FigureBasiqBrankas
Price from——
Free plan——
Free trial—Yes
Open source——
WebYesYes
iOS—Yes
Android—Yes
APIYesYes
Self-hosted—Yes
Plans published13
Spec score · Bank Connectivity Software7.3 (#31)8.6 (#2)
Spec score · Financial Data APIs7.3 (#21)8.7 (#1)
SandboxBasiq's API documentation says its sandbox is free for testing and limits sandbox connections to 500.Businesses can create an account to access a sandbox, and Brankas documents separate sandbox and live environments for its Data API.
SecurityBasiq says data is retained only as long as needed, protected with encryption, and monitored for access and behavioural threats.Brankas says it uses HTTPS and encryption, is ISO 27001 certified and PCI-DSS certified, and does not store end-user credentials.
What it doesBasiq provides a Consumer Data Right accredited API platform for secure access to customer-consented financial data and insights.Brankas aggregates financial institution APIs so businesses can build payment initiation, account information, and other financial services through one integration.

Plans

Basiq

  • Custom pricingPriced on request

Basiq pricing →

Brankas

  • BasicPriced on request
  • EnterprisePriced on request
  • Open Finance SuitePriced on request

Brankas pricing →

In their own words

Basiq

Basiq has no write-up on Specifiction yet; its figures are above.

Visit basiq.io

Brankas

Brankas provides open finance and Banking-as-a-Service APIs for banks, financial institutions, technology companies, and businesses adding financial services to their products. Its APIs can retrieve account and transaction data from multiple institutions through one integration. Data products include Balance, Statement, Income, and Expense; Direct supports account-to-account transfers and payments, while Disburse sends funds individually or in bulk from a dashboard. The Open Finance Suite supports open banking compliance and Banking-as-a-Service with cloud, on-premise, or hybrid deployments. Brankas says it is compatible with most core banking systems and technology stacks. Its coverage page lists institutions in the Philippines, Indonesia, and Thailand, with product support and availability varying by institution. Android and iOS Tap SDKs can launch an embedded WebView for Brankas product flows. Developers can create API keys for sandbox and live environments. Brankas says it uses HTTPS and encryption, does not store end-user credentials, and holds ISO 27001 and PCI-DSS certifications. Pricing is available on request; the Suite describes projects of 8–12 weeks and one-to-one post-sales support.

Visit brankas.com