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APIs · head to head

AWS API Gateway vs Meniga

AWS API Gateway logo

AWS API Gateway

APIs

Fully managed API gateway service for creating and managing APIs at scale

From
Free
Rated
-
Full reviewWebsite
Meniga logo

Meniga

APIs

White-label personal finance management and data enrichment platform for banks

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only AWS API Gateway has a free tier, so it costs nothing to try first.
  • Each has a real cost: AWS API Gateway rEST APIs cost $3.50 per million calls against $1.00 for HTTP APIs, so the older and more featureful type is three and a half times dearer; Meniga its output quality depends entirely on the transaction data quality the host bank feeds it, so poor underlying data produces poor categorisation and insights regardless of Meniga's own engine.
  • They diverge on capability: AWS API Gateway covers REST APIs, Meniga covers Transaction categorisation.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which AWS API Gateway and Meniga actually diverge.

Attributes where AWS API Gateway and Meniga differ
AttributeAWS API GatewayMeniga
Starting priceFreeOn request
Pricing modelusage-basedquote
Free tierYesNo
PlatformsAWS CloudWeb, iOS, Android
Founded2006Unknown

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 AWS API Gateway

  • REST APIs
  • WebSocket APIs
  • HTTP APIs
  • Lambda
  • EC2
  • DynamoDB
  • CloudWatch
  • IAM

Only in Meniga

  • Transaction categorisation
  • Personal finance management
  • Carbon footprint insights
  • Predictive analytics
  • Targeted rewards
  • White-label deployment

What people use each for

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

AWS API Gateway

  • Fronting Lambda functions with an HTTP endpointnot Meniga
  • REST and HTTP API management with throttling and keysnot Meniga
  • WebSocket APIs for real-time clientsnot Meniga
  • Private APIs reachable only inside a VPCnot Meniga
  • Publishing a developer portal for API consumersnot Meniga

Meniga

  • A retail bank wanting personal finance management features added to its existing app without building categorisation in housenot AWS API Gateway
  • A bank wanting carbon footprint insight features as a customer-facing sustainability offeringnot AWS API Gateway
  • A bank wanting transaction-driven targeted rewards and offers integrated with spending datanot AWS API Gateway
  • A bank consolidating PFM and rewards into one white-label vendor rather than running separate point solutionsnot AWS API Gateway

Where each one falls short

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

AWS API Gateway

  • REST APIs cost $3.50 per million calls against $1.00 for HTTP APIs, so the older and more featureful type is three and a half times dearer
  • Data transfer out is charged at $0.09 per GB on top of request pricing
  • WebSocket APIs bill connection minutes as well as messages, at $0.25 per million minutes
  • Private APIs avoid data transfer charges but incur AWS PrivateLink costs instead
  • The developer portal is $125 a month, with additional portal products at $12.50 each
  • The free tier lasts 12 months rather than being ongoing

Meniga

  • Its output quality depends entirely on the transaction data quality the host bank feeds it, so poor underlying data produces poor categorisation and insights regardless of Meniga's own engine.
  • Pricing is not published, requiring a licensing negotiation scaled to deployment size.
  • Growth by acquisition, including the Wrapp rewards platform, means a bank evaluating Meniga for PFM specifically may end up being sold a broader bundle including rewards functionality it did not originally want.
  • As a white-label layer rather than a customer-facing brand, its own market reputation and reliability are harder for an end consumer, or even a prospective bank client, to evaluate directly compared with a consumer-facing fintech.
  • It competes with PFM and engagement features increasingly built natively by core banking or engagement platform vendors themselves, such as Backbase, which can reduce the case for a separate specialist layer.

Pricing, plan by plan

AWS API Gateway

Free
  • Free Tier (12 months)Free
    • 1M REST API calls per month
    • 1M HTTP API calls per month
    • 1M WebSocket messages plus 750K connection minutes per month
  • HTTP APIs$1/per million requests (first 300M)
    • First 300M: $1.00 per million
    • Next 132M: $0.90 per million
    • Data transfer varies by volume
  • REST APIs$3.5/per million API calls
    • Edge Optimized and Regional: $3.50 per million (first tier)
    • Higher volumes: $2.80 then $2.38 per million
    • Data transfer: $0.09 per GB
  • WebSocket APIs$1/per million messages
    • Messages: $1.00 per million
    • Connection minutes: $0.25 per million minutes

Meniga

On request
  • Meniga$undefined/year
    • Pricing not published, licensed to banks per deployment scale

Which should you pick?

Choose AWS API Gateway if

  • You need rest apis.
  • You want to start without paying.
  • You work on AWS Cloud.
  • You also want websocket apis.
AWS API Gateway review

Choose Meniga if

  • You need transaction categorisation.
  • You work on Web, iOS, Android.
  • You also want personal finance management.
Meniga review

Questions people ask

Is AWS API Gateway or Meniga better?
Neither clearly leads. AWS API Gateway starts at Free and Meniga at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, AWS API Gateway or Meniga?
AWS API Gateway has a free tier; the other does not. Paid plans start at Free for AWS API Gateway and On request for Meniga.
Does AWS API Gateway or Meniga run on more platforms?
AWS API Gateway runs on AWS Cloud. Meniga runs on Web, iOS, Android.
Can I use AWS API Gateway for free?
Yes. AWS API Gateway has a free tier, so you can try it without paying. Meniga starts at On request.
What is AWS API Gateway best used for?
AWS API Gateway is most often used for fronting lambda functions with an http endpoint, rest and http api management with throttling and keys, websocket apis for real-time clients, private apis reachable only inside a vpc. Of those, fronting lambda functions with an http endpoint and rest and http api management with throttling and keys are not what Meniga is typically brought in for.
What can AWS API Gateway do that Meniga cannot?
AWS API Gateway covers REST APIs, WebSocket APIs, HTTP APIs, Lambda. Meniga covers Transaction categorisation, Personal finance management, Carbon footprint insights, Predictive analytics.

Answered from the vendors’ own pages

AWS API Gateway: How much does AWS API Gateway cost?

AWS API Gateway pricing varies by API type. HTTP APIs cost $1.00 per million requests for the first 300M monthly, then $0.90 per million. REST APIs cost $3.50 per million, and WebSocket APIs cost $1.00 per million messages plus $0.25 per million connection minutes. Data transfer charges ($0.09 per GB) apply separately.

Source
Meniga: Is Meniga a consumer app?

No, it is a white-label platform banks embed into their own branded apps, not sold directly to consumers.

AWS API Gateway: Is AWS API Gateway free?

New AWS customers receive 12 months of free tier access including 1 million REST API calls, 1 million HTTP API calls, and 1 million WebSocket messages plus 750,000 connection minutes per month. Starting July 15, 2025, new customers receive up to $200 in AWS Free Tier credits.

Source
Meniga: How many banking customers does it reach?

Over 100 million banking customers across roughly 30 countries, through its bank clients.

AWS API Gateway: What is the price difference between HTTP and REST APIs?

HTTP APIs are significantly cheaper at $1.00 per million requests compared to REST APIs at $3.50 per million (first tier). REST API pricing decreases to $2.80 and $2.38 per million for higher volumes, while HTTP API pricing drops to $0.90 per million after 300M monthly requests.

Source
Meniga: Does it only do personal finance management?

No, it has expanded through acquisitions like Wrapp into transaction-driven rewards as well as PFM and carbon insights.

AWS API Gateway: How much does an API Gateway Portal cost?

API Gateway Portals require a base fee of $125 per month (includes 10 PortalProducts with 40 endpoints each) plus $12.50 per month for each additional PortalProduct beyond the included 10.

Source
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