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APIs · head to head

Akana vs Enable Banking

Akana logo

Akana

APIs

Enterprise API lifecycle management platform

From
$2500/monthly
Rated
-
Full reviewWebsite
Enable Banking logo

Enable Banking

APIs

European bank API aggregation with a free restricted production tier for your own accounts

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Enable Banking has a free tier, so it costs nothing to try first.
  • Each has a real cost: Akana owned by Perforce and sold within their portfolio rather than independently, and akana.com redirects to perforce.com; Enable Banking production pricing is quoted per connected account and call volume with no published rate card, so a free proof of concept gives you no idea of cost at scale.
  • They diverge on capability: Akana covers API Lifecycle Management, Enable Banking covers European bank coverage.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Akana and Enable Banking actually diverge.

Attributes where Akana and Enable Banking differ
AttributeAkanaEnable Banking
Starting price$2500/monthlyFree
Pricing modelsubscriptionPer connected account per month
Free tierNoYes
PlatformsCloud, On-premise, HybridWeb, REST API
Founded2001Unknown

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 Akana

  • API Lifecycle Management
  • API Security
  • Governance Controls
  • OAuth
  • SAML
  • LDAP
  • Active Directory
  • Cloud support

Only in Enable Banking

  • European bank coverage
  • Free sandbox
  • Restricted production
  • TPP infrastructure as a service
  • Consent handling
  • Payment initiation

What people use each for

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

Akana

  • API lifecycle management across REST, SOAP and GraphQLnot Enable Banking
  • Applying OAuth, JWT and SAML policies at the gatewaynot Enable Banking
  • Running the same platform on-premises, in Kubernetes or across cloudsnot Enable Banking
  • Developer portal and API monetisationnot Enable Banking
  • Monitoring API traffic and enforcing quotasnot Enable Banking

Enable Banking

  • A small fintech that needs to operate as an agent rather than wait a year for its own AISP authorisationnot Akana
  • An accounting software vendor pulling bank transactions across several European countriesnot Akana
  • A treasury tool building and testing a real integration before committing to a contractnot Akana
  • A lender verifying applicant income from bank data across the Nordics and the EUnot Akana

Where each one falls short

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

Akana

  • Owned by Perforce and sold within their portfolio rather than independently, and akana.com redirects to perforce.com
  • Pricing is not published; only a 30 day trial is offered

Enable Banking

  • Production pricing is quoted per connected account and call volume with no published rate card, so a free proof of concept gives you no idea of cost at scale.
  • Coverage is European, which rules it out as a single supplier for anyone needing UK plus North American bank data as well.
  • Operating as an agent under the Enable Banking licence means your regulatory permission depends on another company remaining authorised and willing to sponsor you.
  • Bank API quality varies widely across Europe, and outages or degraded endpoints at individual institutions surface as failures in your own product.
  • It is a small Finnish company selling into regulated financial services, so enterprise procurement and vendor resilience reviews are a recurring obstacle.

Pricing, plan by plan

Akana

$2500/monthly
  • Professional$2500/monthly
    • API Gateway
    • Developer Portal
    • Basic analytics
  • Enterprise$5000/monthly
    • Advanced governance
    • Multi-cloud support
    • Premium support
  • Custom$undefined/monthly
    • Custom solutions
    • Dedicated support
    • SLA guarantee

Enable Banking

Free
  • Sandbox and restricted productionFree
    • Mock and real bank sandbox access
    • Production access limited to accounts you link yourself
    • Full API surface for development and certification
  • Production$undefined/year
    • Quoted by connected accounts per month and call volume
    • Priced by number of institutions and markets in scope
    • Different rates under your own licence or as an agent

Which should you pick?

Choose Akana if

  • You need api lifecycle management.
  • You work on Cloud, On-premise, Hybrid.
  • You also want api security.
Akana review

Choose Enable Banking if

  • You need european bank coverage.
  • You want to start without paying.
  • You work on Web, REST API.
  • You also want free sandbox.
Enable Banking review

Questions people ask

Is Akana or Enable Banking better?
Neither clearly leads. Akana starts at $2500/monthly and Enable Banking at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Akana or Enable Banking?
Enable Banking has a free tier; the other does not. Paid plans start at $2500/monthly for Akana and Free for Enable Banking.
Does Akana or Enable Banking run on more platforms?
Akana runs on Cloud, On-premise, Hybrid. Enable Banking runs on Web, REST API.
Can I use Enable Banking for free?
Yes. Enable Banking has a free tier, so you can try it without paying. Akana starts at $2500/monthly.
What is Akana best used for?
Akana is most often used for api lifecycle management across rest, soap and graphql, applying oauth, jwt and saml policies at the gateway, running the same platform on-premises, in kubernetes or across clouds, developer portal and api monetisation. Of those, api lifecycle management across rest, soap and graphql and applying oauth, jwt and saml policies at the gateway are not what Enable Banking is typically brought in for.
What can Akana do that Enable Banking cannot?
Akana covers API Lifecycle Management, API Security, Governance Controls, OAuth. Enable Banking covers European bank coverage, Free sandbox, Restricted production, TPP infrastructure as a service.

Answered from the vendors’ own pages

Akana: What does Akana API Platform include?

Akana provides mediation and integration capabilities for creating easy-to-consume API products from API code, with features for API governance, security, and operational management.

Source
Enable Banking: Is there really a free tier?

Yes, sandbox plus restricted production against accounts you link yourself. Commercial third-party access is quoted separately.

Akana: How does Akana help secure APIs?

Akana addresses the security challenges that come with more APIs and more endpoints, providing tools for enterprise API governance and compliance management.

Source
Enable Banking: Do I need my own AISP licence?

No. Enable Banking offers third-party provider infrastructure as a service so you can operate as an agent under its authorisation.

Enable Banking: How is production priced?

By connected accounts per month and call volume, adjusted for markets in scope and whether you use your own licence.

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Related pages

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