Decentro vs Mbanq Cloud
Decentro
decentro.tech
Mbanq Cloud
mbanq.comSide by side
| Figure | Decentro | Mbanq Cloud |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Banking-as-a-Service Platforms | 8.1 (#6) | 8.5 (#3) |
| Compliance | Decentro says it follows ISO 27001 guidelines across its products and periodically undergoes third-party vulnerability assessments by CERT-IN empaneled auditors. | Mbanq states that it maintains PCI DSS compliance and employs bank-level security measures. |
| Integrations | Decentro offers APIs and SDKs, detailed documentation, a sandbox for testing, and a dashboard flow for requesting production launch. | Mbanq says it partnered with IBM and Amazon Web Services through its Mbanq Labs accelerator program. |
| Product | Decentro describes itself as a full-stack Banking-as-a-Service platform offering financial modules through APIs and SDKs. | Mbanq Cloud is a cloud-based banking platform for fintechs and neobanks to launch banking instances and financial products. |
| Security | Decentro says its dashboard uses MFA and its systems use AES256 and RSA4096 encryption standards. | The platform lists multi-factor authentication, maker/checker workflows, configurable password policies, and granular roles and permissions. |
| Security and compliance | The escrow page says its operations follow FEMA, AML, and RBI regulations within the GIFT City IFSC framework and use audit trails, KYC checks, and data encryption. | Mbanq's 2026 funding announcement lists ISO 27001, ISO 9001, AICPA SOC 2 Type II, PCI DSS and SOX compliance. |
| 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. | Mbanq Cloud is a cloud banking-as-a-service platform for fintechs, neobanks, challenger banks and credit unions. |
Plans
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.
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.