Mastercard Open Banking (formerly Finicity) vs Nordigen (acquired by GoCardless): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Nordigen (acquired by GoCardless) has the broader connectivity footprint (63 vs 6 countries of bank coverage), and they overlap on 4 shared markets. Mastercard Open Banking (formerly Finicity) is headquartered in US, while Nordigen (acquired by GoCardless) is based in LT.
Mastercard Open Banking (formerly Finicity) vs Nordigen (acquired by GoCardless) at a glance
| Mastercard Open Banking (formerly Finicity) | Nordigen (acquired by GoCardless) | |
|---|---|---|
| Headquarters | US | LT |
| Market focus | Multi-region | Multi-region |
| Countries covered | 6 | 63 |
| Institutions tracked | 4,351 | 54 |
| Account data (AIS) | ||
| Payments (PIS) | — | — |
| Verification | — | |
| Regulated | US | FCMC (Latvia), PSD2 AISP |
| Sandbox | ||
| Pricing model | Custom / enterprise quote | Freemium: free AIS bank account data + paid premium/advanced data |
| Free production tier | — | |
| Developer portal | ||
| Sources | ||
| View Mastercard Open Banking (formerly Finicity) | View Nordigen (acquired by GoCardless) |
Mastercard Open Banking (formerly Finicity) vs Nordigen (acquired by GoCardless): bank coverage overlap
Mastercard Open Banking (formerly Finicity) and Nordigen (acquired by GoCardless) share 4 markets where both connect to banks. Mastercard Open Banking (formerly Finicity) additionally reaches 2 markets Nordigen (acquired by GoCardless) does not (NG, PR), while Nordigen (acquired by GoCardless) reaches 59 markets Mastercard Open Banking (formerly Finicity) does not (AE, BD, BE, BG, BR, CH, CN, CO…).
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 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
Choose Nordigen (acquired by GoCardless) if…
- you need the widest country coverage (63 markets)
- you prefer a provider headquartered in Lithuania
Frequently asked questions
What is the difference between Mastercard Open Banking (formerly Finicity) and Nordigen (acquired by GoCardless)?
Mastercard Open Banking (formerly Finicity) vs Nordigen (acquired by GoCardless): both are open banking API aggregators offering account information (AIS) and payment initiation (PIS). Nordigen (acquired by GoCardless) has the broader connectivity footprint (63 vs 6 countries of bank coverage), and they overlap on 4 shared markets. Mastercard Open Banking (formerly Finicity) is headquartered in US, while Nordigen (acquired by GoCardless) is based in LT.
Which has wider bank coverage, Mastercard Open Banking (formerly Finicity) or Nordigen (acquired by GoCardless)?
Nordigen (acquired by GoCardless) has wider coverage, reaching 63 countries versus 6 for Mastercard Open Banking (formerly Finicity). They overlap on 4 shared markets.
Can I use both Mastercard Open Banking (formerly Finicity) and Nordigen (acquired by GoCardless)?
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 Mastercard Open Banking (formerly Finicity) and Nordigen (acquired by GoCardless) expose account information (AIS) and payment initiation (PIS) APIs that can run in parallel.