ClearBank Embedded Banking vs Decentro
ClearBank Embedded Banking
clear.bank
Decentro
decentro.techSide by side
| Figure | ClearBank Embedded Banking | Decentro |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Banking-as-a-Service Platforms | 7.8 (#10) | 8.1 (#6) |
| Compliance | Partners handle customer-facing onboarding and ongoing monitoring within ClearBank’s oversight framework, while ClearBank sets minimum due diligence standards and retains ultimate regulatory accountability. | Decentro says it follows ISO 27001 guidelines across its products and periodically undergoes third-party vulnerability assessments by CERT-IN empaneled auditors. |
| Integration | The API-first integration includes a simulation environment, webhook configuration for real-time notifications and a developer portal. | Decentro provides a test environment and shares test API credentials after onboarding a platform. |
| What it does | ClearBank provides regulated banking infrastructure so businesses can offer financial products under their own brand without becoming a bank. | Decentro describes itself as a full-stack Banking-as-a-Service platform that lets businesses select financial modules, test them in a sandbox, and launch using APIs and SDKs. |
Plans
In their own words
ClearBank Embedded Banking
ClearBank Embedded Banking has no write-up on Specifiction yet; its figures are above.
Decentro
Decentro is a Banking-as-a-Service platform that provides financial modules through APIs and SDKs. Its global collection service lets businesses accept international payments in local currencies through a unified API, with payment options including cards, SWIFT, SEPA, domestic transfers, and virtual accounts. The collection page lists 9+ currencies, though available collection and settlement currencies depend on Decentro’s licenses and support as a payment service provider.
Other offerings include multi-currency accounts, escrow, and a ledger for transactions and balances. The multi-currency escrow service supports holding, splitting, and releasing funds, and lists USD, GBP, EUR, AED, AUD, and JPY. Incoming payments can be matched to invoices. A web dashboard shows transaction data and balances, supports payment initiation, and provides reconciliation reports.