Enable Banking vs Pluggy
Enable Banking
enablebanking.comPluggy
pluggy.aiSide by side
| Figure | Enable Banking | Pluggy |
|---|---|---|
| Price from | — | 2.50 BRL/mo |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | — |
| Plans published | 1 | 2 |
| Spec score · Bank Connectivity Software | 8.1 (#9) | 7.7 (#23) |
| Spec score · Financial Data APIs | 8.1 (#8) | 7.7 (#17) |
| Compliance | Enable Banking states that it is ISO/IEC 27001 certified and provides PSD2-compliant access without screen scraping or reverse engineering. | Pluggy states that its Brazilian payment institution is authorized by the Central Bank of Brazil as a Payment Transaction Initiator (ITP). |
| Coverage | Enable Banking says its API connects to more than 2,700 banks across 30 European countries. | Pluggy says its API connects to more than 220 financial institutions in Brazil. |
| Developer tools | The developer documentation includes a sandbox, API reference, UI widgets, Control Panel guidance, and code samples. | The developer page lists SDKs for Node, Python, .NET, and Java, a Pluggy Connect authorization widget, and a sandbox. |
| Founded | 2019 | 2019 |
| Headquarters | Espoo, Finland | São Paulo, Brazil |
| Integrations | Enable Banking provides integrations with bank APIs, with a published list of available integrations in its documentation. | Pluggy lists Conta Azul, Nibo, MarketUP, Kamino, Cloud Gym, TOTVS, Ottimizza, Bom Controle, F360, and Granatum as customer platforms. |
| Payments | Live payment initiation requires the customer to hold a PISP licence or another licence that allows payment initiation. | Its Payments product supports Pix initiation, one-time charges, recurring Pix Automatic payments, and cash management. |
| Product | Enable Banking provides a PSD2 API for account information and payment initiation across European banks. | Pluggy provides Open Finance infrastructure for software to read financial data and move money in Brazil through one API. |
| Security | Enable Banking says its information security management system is certified to ISO/IEC 27001:2022. | Pluggy says its connection is encrypted and that users’ access credentials are not shared with third parties. |
| Support | The company says open banking specialists support customers from initial setup through optimisation. | Pluggy offers ticket support and a Discord community, with specialized technical support and ticket SLA for Pro and Enterprise customers. |
Plans
In their own words
Enable Banking
Enable Banking has no write-up on Specifiction yet; its figures are above.