Head-to-head · Bank Connectivity Software
Envestnet | Yodlee vs Mastercard Open Banking Payments
Envestnet | Yodlee leads on 0 checks, Mastercard Open Banking Payments on 0, and 1 is even. Who comes out ahead on the 1 yes/no, price and count check where we have data for both products. The editor score weighs everything else too.
Our verdict
- Highest scoreEnvestnet | Yodlee · 9.4/10
- Free planonly Envestnet | Yodlee
Envestnet | Yodlee scores higher on our rubric for bank connectivity software: 9.4 against 9.1 out of 10; our editors rank them #1 and #4.
On refresh frequency, Mastercard Open Banking Payments gives you On_demand where Envestnet | Yodlee offers Real_time.
Envestnet | Yodlee is the better fit for broad aggregation with free access. Mastercard Open Banking Payments is the better fit for enterprise open-banking payments and data.
- Envestnet | Yodlee fits best
Broad aggregation with free access
- Mastercard Open Banking Payments fits best
Enterprise open-banking payments and data
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Side by side
| Feature | Envestnet | Yodlee 9.4/10 Visit ↗ | Mastercard Open Banking Payments 9.1/10 Visit ↗ |
|---|---|---|
| At a glance | ||
| Editor score | 9.4 | 9.1 |
| Ranking | #1 in Bank Connectivity Software | #4 in Bank Connectivity Software |
| Best for | Broad aggregation with free access | Enterprise open-banking payments and data |
| Pricing model | Free plan + paid | Paid |
| Starting price | Free plan · pricing on request | Pricing on request |
| Free plan | ✓ (best) | Not checked yet |
| Free trial | — | — |
| Deployment | Cloud | Cloud |
| Support | Docs | |
| Built for | Mid-market, Enterprise | Mid-market, Enterprise |
| Features Envestnet | Yodlee 0/1 · Mastercard Open Banking Payments 0/1 | ||
| Multi-entity support | Not checked yet | Not checked yet |
| Specs | ||
| Bank/institution count | Not checked yet | 3000 banks |
| Supported data types | account details, balances, transactions, holdings, statements, interest details, payment details, coverage, account numbers, account-holder details, payment profiles | Account details, account-holder information, balances, transactions, bank statements, transaction snapshots |
| Connection methods | FastLink, Open Banking, screen scraping, online banking credentials | Open banking APIs; bank authentication and consent flow |
| Refresh frequency | Real_time | On_demand |
| Statement formats | Not checked yet | Not checked yet |
| Our review | ||
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| Our verdict | Envestnet | Yodlee provides financial-account aggregation through REST APIs and FastLink. It is designed for financial institutions, fintech companies, lenders, wealth managers, and developers building personal-finance, lending, payment,… Read the review → |
Mastercard Open Banking Payments provides APIs for businesses building financial products and customer experiences. It supports consented access to account details, balances, transactions, statements, transaction snapshots, and… Read the review → |
Strengths and trade-offs
Envestnet | Yodlee — where it wins
- Covers accounts, transactions, holdings, statements, identity, and payment data
- Combines FastLink, Open Banking, screen scraping, and webhooks
- Supports scheduled and instant refresh through REST APIs
Where it doesn't
- Free access is a time-unlimited Sandbox with sample data
- Paid access uses contact sales rather than published plan pricing
- Production connectivity requires integration across multiple connection methods
Mastercard Open Banking Payments — where it wins
- Unified APIs for account data and bank-payment initiation
- Connectivity across 3,000 European financial institutions
- Ownership verification and customer-name matching capabilities
Where it doesn't
- Pricing is available through contact with sales
- European API access requires specific licences and certificates
- Bank-level availability can vary for on-demand data refreshes
- Envestnet | Yodlee9.4/10 · Free plan · pricing on request
A broad connectivity platform with free sandbox access and extensive financial data coverage.
Visit YodleeFull verdict → - Mastercard Open Banking Payments9.1/10 · Pricing on request
A focused API suite for consented bank data, ownership checks, and payment initiation.
Visit MastercardFull verdict →
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All bank connectivity software comparisons → · Full ranking →
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Last updated · How we research and update