GoCardless vs Mastercard Open Banking (formerly Finicity): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). GoCardless has the broader connectivity footprint (54 vs 6 countries of bank coverage), and they overlap on 4 shared markets. GoCardless is headquartered in GB, while Mastercard Open Banking (formerly Finicity) is based in US.
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GoCardless vs Mastercard Open Banking (formerly Finicity) at a glance
| GoCardless | Mastercard Open Banking (formerly Finicity) | |
|---|---|---|
| Headquarters | GB | US |
| Market focus | Multi-region | Multi-region |
| Countries covered | 54 | 6 |
| Institutions tracked | 2,229 | 4,351 |
| Account data (AIS) | ||
| Payments (PIS) | — | |
| Verification | ||
| Regulated | FCA | US |
| Sandbox | ||
| Pricing model | Payments: pay-as-you-go per transaction (published); Bank Account Data: freemium (free AIS) | Custom / enterprise quote |
| Free production tier | — | |
| Developer portal | ||
| Sources | ||
| View GoCardless | View Mastercard Open Banking (formerly Finicity) |
GoCardless vs Mastercard Open Banking (formerly Finicity): bank coverage overlap
GoCardless and Mastercard Open Banking (formerly Finicity) share 4 markets where both connect to banks. GoCardless additionally reaches 50 markets Mastercard Open Banking (formerly Finicity) does not (AE, AL, BD, BE, BG, BR, BS, CH…), while Mastercard Open Banking (formerly Finicity) reaches 2 markets GoCardless does not (NG, PR).
Coverage figures are derived from verified per-bank connectivity data tracked on Open Banking Tracker, not provider marketing claims. See the coverage explorer for the full breakdown by continent.
Choose GoCardless if…
- you need the widest country coverage (54 markets)
- you prefer a provider headquartered in the United Kingdom
Choose Mastercard Open Banking (formerly Finicity) if…
- you want the largest number of connected institutions (4,351)
- you prefer a provider headquartered in the United States
Frequently asked questions
What is the difference between GoCardless and Mastercard Open Banking (formerly Finicity)?
GoCardless vs Mastercard Open Banking (formerly Finicity): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). GoCardless has the broader connectivity footprint (54 vs 6 countries of bank coverage), and they overlap on 4 shared markets. GoCardless is headquartered in GB, while Mastercard Open Banking (formerly Finicity) is based in US.
Which has wider bank coverage, GoCardless or Mastercard Open Banking (formerly Finicity)?
GoCardless has wider coverage, reaching 54 countries versus 6 for Mastercard Open Banking (formerly Finicity). They overlap on 4 shared markets.
Can I use both GoCardless and Mastercard Open Banking (formerly Finicity)?
Yes. Many teams use more than one open banking aggregator — for example one for its strongest region and another for fallback coverage or specific institutions. Both GoCardless and Mastercard Open Banking (formerly Finicity) expose account information (AIS) and payment initiation (PIS) APIs that can run in parallel.