ClearBank Embedded Banking vs Mbanq Cloud
ClearBank Embedded Banking
clear.bank
Mbanq Cloud
mbanq.comSide by side
| Figure | ClearBank Embedded Banking | Mbanq Cloud |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | — | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Banking-as-a-Service Platforms | 7.8 (#10) | 8.5 (#3) |
| Accounts | The offering includes retail and business current accounts, savings accounts, Flexible Cash ISAs, service accounts and operating accounts. | Current and savings accounts support lifecycle management, interest calculations and automated charges. |
| 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. | Mbanq states that it maintains PCI DSS compliance and employs bank-level security measures. |
| Headquarters | London, United Kingdom | LinkedIn lists headquarters in Naples, Florida, at 4850 Tamiami Trail North, Unit 301. |
| What it does | ClearBank provides regulated banking infrastructure so businesses can offer financial products under their own brand without becoming a bank. | Mbanq Cloud is a cloud banking-as-a-service platform for fintechs, neobanks, challenger banks and credit unions. |
Plans
In their own words
ClearBank Embedded Banking
ClearBank Embedded Banking has no write-up on Specifiction yet; its figures are above.
Mbanq Cloud
Mbanq Cloud is banking infrastructure for fintech platforms, neobanks, embedded finance products, and software platforms adding financial services. It brings together core banking, regulatory compliance, and operational management, while Mbanq operates the infrastructure and manages the compliance layer alongside a client’s product. Operations and compliance teams have a web Back Office; IT users have a web Console, and bank clients can use a template web banking application. White label-ready mobile banking apps are available for iOS and Android. REST and GraphQL APIs provide access to core banking functions, and users can add third-party services or build extensions. Listed payment rails include ACH, Fedwire, SWIFT, RTP, Check 21 processing, and card issuing and acquiring. KYC and KYB tools cover risk assessment, SSN verification, OFAC screening, document checks, and liveness checks. Security measures include multi-factor authentication, maker/checker workflows, configurable password policies, and granular permissions. Pricing is pay as you grow, with infrastructure, support, and operational costs included; no price is listed.