Mbanq Cloud vs Thought Machine Vault Core
Mbanq Cloud
mbanq.comThought Machine Vault Core
thoughtmachine.netSide by side
| Figure | Mbanq Cloud | Thought Machine Vault Core |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 1 | 1 |
| Spec score · Banking Systems | 8.3 (#2) | 7.5 (#8) |
| Company founded | LinkedIn states that Mbanq was founded in 2016. | Thought Machine was founded in 2014. |
| Company legal name | Crunchbase identifies the legal name as FinLink, Inc., also known as Mbanq. | Crunchbase lists the legal entity as Thought Machine Group Limited. |
| Headquarters | LinkedIn lists headquarters in Naples, Florida, at 4850 Tamiami Trail North, Unit 301. | The company lists London as its headquarters, at 7 Herbrand St, London WC1N 1EX, United Kingdom. |
| Integrations | Mbanq says it partnered with IBM and Amazon Web Services through its Mbanq Labs accelerator program. | Thought Machine says its ecosystem includes more than 50 platforms and innovators, including technology providers, cloud platforms, and system integrators. |
| Licence | Mbanq describes its core banking platform as proprietary and operated in-house. | Celent lists subscription, enterprise, perpetual and term licensing models for Vault Core, indicating a commercially licensed product rather than an open-source release. |
| SDK | Mbanq's developer portal advertises an official Node.js payments SDK and an npm package named @mbanq/core-sdk-js. | Thought Machine provides a smart-contract software development kit and end-to-end product documentation. |
| What it does | Mbanq Cloud is a cloud banking-as-a-service platform for fintechs, neobanks, challenger banks and credit unions. | Vault Core is Thought Machine's cloud-native core-banking platform for building and operating banking products. |
Plans
In their own words
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.
Thought Machine Vault Core
Thought Machine Vault Core has no write-up on Specifiction yet; its figures are above.