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APIs · head to head

Aiia vs Tyk

Aiia logo

Aiia

APIs

Open banking and open finance API platform, now operating as Mastercard Open Banking

From
On request
Rated
-
Full reviewWebsite
Tyk logo

Tyk

APIs

Open-source API gateway and API management platform

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Tyk has a free tier, so it costs nothing to try first.
  • Each has a real cost: Aiia it is now part of Mastercard rather than an independent company, so a business specifically wanting to avoid card network dependency in its banking infrastructure no longer gets that separation by choosing Aiia.; Tyk professional and Enterprise plan pricing not published; contact required
  • They diverge on capability: Aiia covers Bank account data access, Tyk covers API Gateway.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Aiia and Tyk actually diverge.

Attributes where Aiia and Tyk differ
AttributeAiiaTyk
Starting priceOn requestFree
Pricing modelquotefreemium
Free tierNoYes
PlatformsWeb, APILinux, Docker, Kubernetes, Cloud
FoundedUnknown2013

Identical on both: user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Aiia

  • Bank account data access
  • Payment initiation
  • Mastercard Open Finance integration
  • Modern authentication support
  • Multi-country coverage
  • Developer documentation and sandbox

Only in Tyk

  • API Gateway
  • Rate Limiting
  • Authentication
  • Kubernetes
  • Docker
  • AWS
  • Azure
  • Linux support

What people use each for

The jobs each tool is most often brought in to do.

Aiia

  • A lending or credit product needing affordability checks via European bank account datanot Tyk
  • A personal finance or accounting product needing transaction history across Nordic and European banksnot Tyk
  • A payments product wanting account-to-account payment initiation under open banking regulationnot Tyk
  • A business wanting the stability and continued investment of Mastercard ownership behind its banking connectivity providernot Tyk

Tyk

  • API gateway and API management platformsnot Aiia
  • Microservices architecture orchestrationnot Aiia
  • High-growth teams standardizing on API platformsnot Aiia
  • Enterprises requiring advanced security and governancenot Aiia

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Aiia

  • It is now part of Mastercard rather than an independent company, so a business specifically wanting to avoid card network dependency in its banking infrastructure no longer gets that separation by choosing Aiia.
  • Pricing is not published and requires engaging Mastercard's open finance sales process, which can be a heavier sales motion than dealing with a smaller independent open banking provider.
  • Its strongest bank coverage remains concentrated in the Nordics and Northern Europe, so companies needing dense coverage in Southern or Eastern Europe should verify current bank connectivity before committing.
  • Brand confusion is real: developer documentation, login portals and older case studies still reference "Aiia" while newer Mastercard material refers to "Mastercard Open Banking," and a company researching either name in isolation may miss half the relevant material.
  • As with any open banking platform, reliability still depends on the consistency of the underlying banks' own APIs, which is a systemic industry issue rather than something Aiia specifically controls.

Tyk

  • Professional and Enterprise plan pricing not published; contact required
  • Core plan uses consumption-based model with variable costs
  • No upfront pricing transparency for production deployments

Pricing, plan by plan

Aiia

On request
  • Aiia Enterprise (Mastercard Open Banking)$undefined/year
    • Pricing not published, quote via Mastercard Open Finance sales

Tyk

Free
  • Free TrialFree
    • Fully featured 48-hour trial
    • No credit card required
    • Tyk Cloud access
  • Core Plan$null/month
    • Usage-based flexible pricing
    • Cloud, Hybrid, or Self-managed deployment
    • Unlimited API gateways
  • Professional Plan$null/month
    • One fixed price with unlimited access
    • All deployment options
    • Unlimited APIs and requests
  • Enterprise Plan$null/month
    • Custom pricing required
    • Advanced governance and security
    • Premium support with custom SLAs

Which should you pick?

Choose Aiia if

  • You need bank account data access.
  • You work on Web, API.
  • You also want payment initiation.
Aiia review

Choose Tyk if

  • You need api gateway.
  • You want to start without paying.
  • You work on Linux, Docker, Kubernetes, Cloud.
  • You also want rate limiting.
Tyk review

Questions people ask

Is Aiia or Tyk better?
Neither clearly leads. Aiia starts at On request and Tyk at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Aiia or Tyk?
Tyk has a free tier; the other does not. Paid plans start at On request for Aiia and Free for Tyk.
Does Aiia or Tyk run on more platforms?
Aiia runs on Web, API. Tyk runs on Linux, Docker, Kubernetes, Cloud.
Can I use Tyk for free?
Yes. Tyk has a free tier, so you can try it without paying. Aiia starts at On request.
What is Aiia best used for?
Aiia is most often used for a lending or credit product needing affordability checks via european bank account data, a personal finance or accounting product needing transaction history across nordic and european banks, a payments product wanting account-to-account payment initiation under open banking regulation, a business wanting the stability and continued investment of mastercard ownership behind its banking connectivity provider. Of those, a lending or credit product needing affordability checks via european bank account data and a personal finance or accounting product needing transaction history across nordic and european banks are not what Tyk is typically brought in for.
What can Aiia do that Tyk cannot?
Aiia covers Bank account data access, Payment initiation, Mastercard Open Finance integration, Modern authentication support. Tyk covers API Gateway, Rate Limiting, Authentication, Kubernetes.

Answered from the vendors’ own pages

Aiia: Is Aiia still an independent company?

No, it was acquired by Mastercard in 2021 and now operates as part of Mastercard Open Finance Solutions, referenced as Aiia Enterprise.

Tyk: How much does Tyk cost?

Tyk offers a free 48-hour trial with no credit card required. The Core plan uses usage-based pricing on a flexible model. Professional plan offers unlimited access at a fixed price (amount not published). Enterprise plans require custom pricing.

Source
Aiia: Does the Aiia brand still exist?

Yes, in developer documentation and login portals, but the company behind it is Mastercard.

Tyk: Is there a free trial of Tyk?

Yes, Tyk provides a fully featured 48-hour free trial of Tyk Cloud that requires no credit card to start.

Source
Aiia: Which banks does it cover?

Around 3,000 European banks, with strongest coverage in the Nordics and Northern Europe.

Tyk: What deployment options are included in Tyk pricing?

All Tyk plans support Cloud, Hybrid, or Self-managed deployment options without feature restrictions, allowing flexible infrastructure choices across pricing tiers.

Source
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