Decentro vs Griffin
Decentro
decentro.techGriffin
griffin.comSide by side
| Figure | Decentro | Griffin |
|---|---|---|
| Price from | — | £100/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Plans published | 1 | 4 |
| Spec score · Banking-as-a-Service Platforms | 8.1 (#6) | 7.8 (#11) |
| Integration | Decentro provides a test environment and shares test API credentials after onboarding a platform. | The Griffin API is REST-based, uses JSON, and has a free sandbox for testing without fees or an NDA. |
| Security | Decentro says its dashboard uses MFA and its systems use AES256 and RSA4096 encryption standards. | Griffin’s security standards page states that data is encrypted at rest and in transit and that system access is monitored and restricted by least privilege. |
| Support | The escrow page describes 24x7x365 priority support via email, phone, and Slack. | Griffin lists [email protected] and a developer Slack community as support and community channels. |
| What it does | 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. | Griffin provides banking-as-a-service infrastructure that companies can use to embed bank accounts, payments, and other financial products through APIs. |
Plans
Griffin
- Business bank accounts£100 a month
- Platform banking monthly package£10,000 a month
- Platform banking onboarding£15,000, paid once
- Platform banking EnterprisePriced on request
In their own words
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.
Griffin
Griffin provides banking-as-a-service infrastructure for companies embedding bank accounts, payments, and other financial products through APIs. It operates its own core banking platform and banking license. Business accounts for fintechs and venture-backed startups can be managed online or by API, while embedded savings and bank accounts support customer funds and client money. Payment features include Faster Payments, instant transfers between Griffin accounts, payment webhooks, and Confirmation of Payee. Verify automates KYC and KYB checks and provides onboarding workflows. The REST API uses JSON and includes a free sandbox without fees or an NDA. Griffin also works with tell.money on open-banking integrations. Griffin Bank is authorised by the Prudential Regulation Authority and regulated by the FCA and PRA. Security documentation cites encryption at rest and in transit, monitored access, and least privilege. Business banking starts at £100 per month; platform packages are £10,000 per month, with onboarding from £15,000 one-off.